HSA plan

[pinnigaaru]

22 hours ago, Redarya said:

Wrong. You can invest in Stocks/options if allowed by employer. 

uncle FSA plan is not dependent on employer, correct?

[pinnigaaru]

22 hours ago, krishnaaa said:

Take it. Dont over think.

Others have already said the benefits.

One thing I do is I pay all medical bills with my credit card so that I get cashback. And then take a photo and save them by emailing those receipts.

I will reimburse myself after 5-10 years later when market is at peak.

Lot of people save for 20 years. I am little impatient

@krishnaaa: Even saving receipts for 5-10 years is a risk right? we don't know what will happen next, why take such gamble like $RDW?

[pinnigaaru]

20 hours ago, Dallasbaluu said:

yea anna high deductibe untundhi . low deductible plans are not covered for HSA

$7000---family deductible
$16300---Out of pocket max

Am I eligible for HSA?

[krishnaaa]

4 minutes ago, pinnigaaru said:

@krishnaaa: Even saving receipts for 5-10 years is a risk right? we don't know what will happen next, why take such gamble like $RDW?

There is no risk.

If there is any change to how its reimbursed, you would know before hand.

 

Regarding RDW, its a gamble if you don't do enough research.

For me Apple or Microsoft has higher risk than RDW.

[akkum_bakkum]

18 hours ago, maverick19 said:

is 529 good to have ? i here both side of the argument that 529 may have some issues you. cannot use it. for something else and h1b biscuit aite funds gone iddi adi anesi. what do you guys think?

I dont have HSA coz my employer pays all premiums and our plan doent qualify for HSA. I have mine in 529. Its a good account to have. You can use them for kids' higher education (not private schooling till 12th grade). Not sure if such a thing exist as you become ineligible, but the funds can be used for kids education. USC kids aithe problem emuntundi?

[maverick19]

1 hour ago, akkum_bakkum said:

I dont have HSA coz my employer pays all premiums and our plan doent qualify for HSA. I have mine in 529. Its a good account to have. You can use them for kids' higher education (not private schooling till 12th grade). Not sure if such a thing exist as you become ineligible, but the funds can be used for kids education. USC kids aithe problem emuntundi?

kids USC ee kani manam h1b aite and h1b biscuit aite enti situation then ani thinking?