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3
votes
2answers
171 views

Can I enroll in an FSA if my employer doesn't offer it?

I'm really REALLY interested in opening an FSA. I've asked my employer and they say they don't offer it. We have insurance through them with BCBSGA. It isn't a HSA qualified plan. So is there a way to ...
2
votes
0answers
55 views

Laid off what happens to FSA money? [duplicate]

My husband was laid off from his job and he had an FSA healthcare account. The account shows there is over $600 available. What happens to that money now that he's laid off and no longer worker for ...
4
votes
1answer
134 views

Do I have to wash money through HSA account?

I paid for my eligible health expenses from my regular account at the end of 2014 and beginning of 2015 because I did not have enough money on my HSA account. Now that I realize that I can contribute ...
2
votes
1answer
57 views

What is HSA contribution limit with 75% HRA compensation?

I have HDHP family plan through my employer with $3000 family deductible. My employer also has HRA that covers all my expenses after 750$ and before $3000 (=75% of 3000 deductible). I claimed only ...
3
votes
2answers
41 views

Can I enroll in FSA after losing coverage due to my father losing his job?

I am being allowed by my employer to enroll in a Health Insurance plan outside of the open enrollment period or new hire period due to an Involuntary Loss of Coverage (my father lost his job and I was ...
5
votes
1answer
188 views

Wife has FSA with employer, and my new employer offers an HSA plan. What to do?

Current Situation My wife currently has a general health FSA with her employer. The fiscal year started on October 1. We have spent about a third of the money in the account, but she obviously has ...
3
votes
1answer
108 views

Can I pay past expenses using an FSA opened midyear?

In my old job I had a HDHP and HSA. Midyear, I started a new job and switched to a standard insurance plan and an FSA. Can I submit receipts for expenses from January to the FSA that I just opened in ...
2
votes
1answer
127 views

Removed Excess Contribution HSA in next calendar year, received 1099-SA in current year

For Tax Year 2012 I had an excess contribution to my HSA. In calendar year 2013, before the filing deadline I removed the excess contribution to avoid the penalty. However, the bank holding my HSA ...
5
votes
3answers
325 views

I'm getting gouged on prices for medical services when using my HSA plan. How to be billed fairly?

I had never given a second thought to the details of the bills that my health insurance (HI) company used to send me until I moved to a HSA plan. My typical (before the HSA plan) bill claim would be ...
9
votes
4answers
1k views

Can a US expat have and use an HSA for the tax benefits while living abroad?

I am a US expat living abroad. As some of you may know, I still have to pay US taxes on my foreign income, even though I've been abroad for more than 5 years. That said, I obviously want to minimize ...
3
votes
1answer
193 views

My employer offers an FSA and HRA but it's not enough. What other options do I have?

My financial situation is unique. I have a son with a degenerative illness that requires on going treatment. This year my employer contributed $1500 to an HRA and I contributed $2000 to an FSA. I ...
6
votes
1answer
128 views

Rules about spouse's HSA

My spouse and 2 kids have high deductible insurance, but I do not. If my spouse contributes to an HSA, could that money be used for my medical expenses, or only for expenses for the rest of the ...
7
votes
1answer
120 views

Am I elligible to contribute to an HSA plan if my spouse is on Medicare?

I'm a little confused about the IRS qualification rules for an HSA account specifically with respect to Medicare. The eligibility rules state that You must not be currently enrolled in Medicare. So, ...
9
votes
1answer
968 views

Can I use HSA money to pay for family member that isn't covered by an HDHP?

If I'm in an HDHP, but my wife is on a different plan (non-HDHP), can I use money from my HSA to pay for her costs until she reaches her deductible?
0
votes
1answer
114 views

Self paid Insurance Premiums and taxes

Currently my employer proivdes a Health Insurance Allowance (which I understand is really just added compensation), but I am wondering if it is possible to somehow shield that money similar to a ...
9
votes
2answers
142 views

Tools for comparing costs between different healthcare providers?

I have a high deductible health insurance plan. That means the first $2000 or so expenses per year are not covered by my insurance. What's a good way to compare health care costs from different ...
18
votes
2answers
560 views

Using a Health Savings Account (HSA) as an investment vehicle: What are the drawbacks?

For next year, my company has started offering an HDHP with an HSA. With this, they will contribute $500 per year flat, and 50% matching up to $500 (where they will match $250; up to $750 total). I ...
2
votes
2answers
914 views

Why would I enroll in a Limited Purpose FSA, on top of an HSA?

Open enrollment is coming up and I have the option to open both an HSA and a limited purpose FSA, which only covers dental and vision expenses. Why would I participate in both?
15
votes
5answers
1k views

How much should I fund an HSA? Is there a danger in over-funding one?

I'm reviewing my options for health insurance during open enrollment and one of them is a HDHP/HSA option. I hear these are best for young people without chronic conditions etc. I think I fall into ...
4
votes
1answer
84 views

Deduct payments towards HSA alongside unreimbursed medical expenses on taxes?

I have medical expenses paid out of pocket and payments (pre-tax) to my health savings account. Can I consider both of those totals when computing my eligible medical expenses total for that ...
5
votes
1answer
53 views

Can a monetary settlement be placed into an account that provides gradual access to the funds?

I want to place a lump sum into an account that will give the account holder gradual access to it so they won't immediately spend the lump sum on frivolous large purchases (or at least not until ...
9
votes
1answer
574 views

Difference between Health Savings Account (HSA) & Flexible Spending Account (FSA)?

What is the practical difference between a Health Savings Account and a Flexible Spending Account? What are the pro's and con's of each, and are there situations where either is best?