HSA and 401k

[SalimPheku]

hsa &401 K tesukuntara . The amount for HSA and 401 K hr decide chestunda  /meeru elaa handle chestunaru 

[LadiesTailor]

3 minutes ago, SalimPheku said:

hsa &401 K tesukuntara . The amount for HSA and 401 K hr decide chestunda  /meeru elaa handle chestunaru 

IRS decide chestundi 😉

Both has limits and if your company is contributing  401k and HSA go for it 

[SalimPheku]

1 minute ago, LadiesTailor said:

IRS decide chestundi 😉

Both has limits and if your company is contributing  401k and HSA go for it 

 2 jobs chesina can i go for it 😀

Change in company after 6 months aite can we move funds 

 

[LadiesTailor]

5 hours ago, SalimPheku said:

 2 jobs chesina can i go for it 😀

Change in company after 6 months aite can we move funds 

 

Yes

yes 

mad long as you don’t cross IRS limits 

[hunkyfunky2]

5 hours ago, SalimPheku said:

 2 jobs chesina can i go for it 😀

Change in company after 6 months aite can we move funds 

 

Yes, make sure total is within limits. Split your contributions or just contribute what is needed from 1 company. 

If company is matching , then do the bare minimum and do the rest in other company. 

Ex: Some companies pay 600 or 750$ for HSA contributions (also to encourage people to take HSA as it is cheaper for them). But for that, you need to at least enroll in HSA to get. So, contribute minimum - say 5$ per check. 

Ex: 401k - if company matches first 3% of your contribution, then do that in both companies. Remaining  - you can do at company where you think it is long term.