Timeline for Open an HSA at another bank and transfer even if I am not qualified to contribute?
Current License: CC BY-SA 4.0
6 events
when toggle format | what | by | license | comment | |
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Nov 15, 2018 at 3:20 | comment | added | D Stanley | @Aganju But the money is already in the account pre-tax, so the only tax benefit is on the gain, which as noted is probably zero since the account isn't big enough to be invested. | |
Nov 15, 2018 at 3:16 | comment | added | Aganju | The last sentence is wrong - is does a lot of good; it is a tax-free investment. Any gains are tax free, as you can always use it for medical expenses when your old. | |
Nov 15, 2018 at 0:03 | vote | accept | The Vermilion Wizard | ||
Nov 14, 2018 at 22:21 | comment | added | D Stanley | If you can find that - sure. Typically HSAs have a minimum threshold for investments. | |
Nov 14, 2018 at 22:18 | comment | added | The Vermilion Wizard | Well, what we really want to do is move the money to a bank which doesn't have an investment threshold and let it sit in a mutual fund for a few years while she's at the current job. | |
Nov 14, 2018 at 22:11 | history | answered | D Stanley | CC BY-SA 4.0 |