chasesfish
Recycles dryer sheets
A little background: Myself and my better half are 31 and have accumulated 33k in an HSA plan. I work for a Megacorp and have a stable job with that company and could move fairly easily if I needed to. My wife is an hourly professional working for a small practice.
We have been maxing out an HSA for the last six years and not using it too much. With ACA coming and early withdrawal penalties now in the 20% range, is it a good idea to still be contributing?
The only positive I can see is these contributions have helped us squeak in under the Roth limits last year. I know they're pre-FICA, but that doesn't do much for me since I'll pay the max either way.
Thanks in advance
We have been maxing out an HSA for the last six years and not using it too much. With ACA coming and early withdrawal penalties now in the 20% range, is it a good idea to still be contributing?
The only positive I can see is these contributions have helped us squeak in under the Roth limits last year. I know they're pre-FICA, but that doesn't do much for me since I'll pay the max either way.
Thanks in advance