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Strategies & Market Trends : Young and Older Folk Portfolio

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chowder
livwell
To: chowder who wrote (21863)11/3/2025 12:53:39 PM
From: QTI on SI2 Recommendations  Read Replies (2) of 23248
 
For those who can contribute to HSA, that's also a good way to safe away some dollars for out-of-pocket health expenses, such as deductibles. Both myself and wife contributed to HSA when we were working full-time. Not only we contributed, but also invested those dollars and now our combined HSA balance is close to $200K. Fidelity has HSA option which is better than any other that I have tried.

One nice thing about HSA is that you can take money out tax free retroactively for past qualified health expenses (we keep all our out-of-pocket expense receipts for the past years) that we can someday use to create tax free income. I know it's not much, but still every little thing helps, including trying to stay healthy.

Wish HSA would allow paying health insurance premiums (I think there was some push to allow this for medicare premiums?)
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