Medical Insurance

[LovesLife]

Michael,

<<<If you max out your IRA/401k, the HSA may be another way to put more tax advantaged money away for retirement. As I understand it, if you don't need the money for meds, you can keep it in the account until 65, then use it for any purpose. You should check with your accountant to be sure.>>>

The savings vehicle that the insurance company would place the money into was pitifully low. I just couldn't see dumping the money in there for such a long period of time while earning very little on it.

LovesLife

[Michael]

Quote:

The savings vehicle that the insurance company would place the money into was pitifully low.

That may change with time and competition. You are probably right to wait for something better.