a_sagittarian Posted September 16, 2021 Report Posted September 16, 2021 I have some $8K in my HSA savings account. Can i transfer them to my personal savings account ? Quote
Spartan Posted September 16, 2021 Report Posted September 16, 2021 why do u want to do that.? u can invest and earn tax free no Quote
a_sagittarian Posted September 16, 2021 Author Report Posted September 16, 2021 11 minutes ago, Spartan said: why do u want to do that.? u can invest and earn tax free no invest antey.. in stocks ? I just donno how to make use of that money. Do they expire or carry forward every year ? Quote
Thokkalee Posted September 16, 2021 Report Posted September 16, 2021 Just now, a_sagittarian said: invest antey.. in stocks ? I just donno how to make use of that money. Do they expire or carry forward every year ? You can convert your hsa into a trading account… ask your hsa provider Quote
ShruteSastry Posted September 16, 2021 Report Posted September 16, 2021 1 minute ago, a_sagittarian said: invest antey.. in stocks ? I just donno how to make use of that money. Do they expire or carry forward every year ? they are your Health Savings Money bruh, They will be there and can be used for medical expenses. Quote
Peter123 Posted September 16, 2021 Report Posted September 16, 2021 why do you want to remove, you can if you want by paying the penalty. Lower your Health insurance premium, since you have decent hsa, you can use these savings for any emergency health bills, If i were you i'd keep accumulating the HSA every year, you never know what kind of medical bill you get on, as you age. 2 Quote
siva604 Posted September 16, 2021 Report Posted September 16, 2021 HSA account is gold mine. Never liquidate that. +$10,007.15 [ +203.70%] 1 Quote
vatchesa Posted September 16, 2021 Report Posted September 16, 2021 Hsa ki 401k difference enti? Quote
siva604 Posted September 16, 2021 Report Posted September 16, 2021 Just now, vatchesa said: Hsa ki 401k difference enti? https://www.forbes.com/sites/robertlawton/2018/09/09/stop-making-401k-contributions-fill-up-your-hsa-first/?sh=598dfa743f3b Quote
Spartan Posted September 16, 2021 Report Posted September 16, 2021 17 minutes ago, a_sagittarian said: invest antey.. in stocks ? I just donno how to make use of that money. Do they expire or carry forward every year ? yes they carry over every year. 1 Quote
Spartan Posted September 16, 2021 Report Posted September 16, 2021 8 minutes ago, siva604 said: HSA account is gold mine. Never liquidate that. +$10,007.15 [ +203.70%] agreed. Quote
no01 Posted September 16, 2021 Report Posted September 16, 2021 no expiration...life lo eppudaina use cheyyochu...health is wealth, ee money tho chaala avasaram untadi Quote
manadonga Posted September 16, 2021 Report Posted September 16, 2021 My collegue reached 50k he put hsa money separate and getting benefits of paying health money and reinvesting it. Last 5 yrs he didn’t put any money for health outside hsa and easing his burden Quote
TOM_BHAYYA Posted September 16, 2021 Report Posted September 16, 2021 1 hour ago, a_sagittarian said: I have some $8K in my HSA savings account. Can i transfer them to my personal savings account ? I have hsa with Optum , they linked with betterment for investment.. I kept 1500 and moved rest to betterment .. 1 Quote
meri_zindagi Posted September 16, 2021 Report Posted September 16, 2021 1 hour ago, Thokkalee said: You can convert your hsa into a trading account… ask your hsa provider trading antey like fidelity ? Quote
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