Would you do $55/paycheck HSA, $55/paycheck ppo, or $90/paycheck ppo?

Hsa seems kind of cool, seems like a 401k, company matches some money amd unused amount goes to the next year etc.

A few folks have told me they think HSA is dumb and should get a ppo.

11/13/2021 10:36:54 PM

I'd do HSA, especially if the company helps match

11/13/2021 10:56:03 PM

HSA is cool imo. Had an HSA eligible plan for a while and I liked it. Contributions aren’t taxed. And if you change plans later down the road to a non HSA plan, you still have the money for future medical expenses.

You can use HSA on a lot of stuff. Glasses, contacts, some dental stuff. Some OTC stuff too, i think.

I guess if you have virtually 0 medical expenses then an HSA isn’t as appealing. But since the money rolls over every year, it’s kinda safe to assume you’ll have some medical expenses eventually.

[Edited on November 14, 2021 at 12:10 AM. Reason : A]

11/14/2021 12:09:15 AM

You might be old one day. Use HSA to build a tax-free bankroll for future medical expenses. $55 isn't enough. Invest funds for future rather than letting it sit in cash.

https://www.madfientist.com/ultimate-retirement-account/

NTTAWWT!

11/14/2021 5:26:19 AM