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May 20, 2022
10:35
:34
pm
VACougMD
3rd String
I know people do this. Tell me more. Because of the tax advantages?
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VACougMD
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VACougMD
Joined
Mar 26, 2016
Last login
Apr 25, 2024
Total posts
1,232 (0 FO)
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Messages
Author
Time
Has anyone used their HSA $ towards a mattress purchase?
Julius Pepperwood
5/20/22 10:28pm
I don’t touch my HSA. I max it out every year. It’s for retirement.
brazilcoug
5/20/22 10:29pm
So how do you get tax write offs for your health care expenses now?
BlooCoog
5/20/22 10:33pm
I know people do this. Tell me more. Because of the tax advantages?
VACougMD
5/20/22 10:35pm
Triple tax advantage, tax free in, tax free growth, tax free out*
BYUFootballisBack
5/20/22 10:48pm
And it can only be spent on medical expenses after retirement?
Leonardo
5/20/22 10:59pm
It can only be spent on medical expenses. At any time after said expenses are
SalmonOfCapistrano
5/20/22 11:10pm
Actually, after retirement age, you don’t have to spend it on medical expenses.
BYU-Ite
5/21/22 12:19am
would this really happen, though? Most people in retirement will have plenty
SalmonOfCapistrano
5/21/22 11:25am
It's 65 though so a bit higher than typical 59.5
BYUFootballisBack
5/21/22 9:16pm
Only if it's a qualified medical expense to treat a specific condition and a
BYUFootballisBack
5/20/22 10:30pm
<< Deleted >>
ochobeeguy
5/21/22 12:32am
It is but you need a prescription from a doc. Also, only the amount over what you would’ve paid normally
Pimpin4Paradise
5/20/22 10:38pm
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