Here are some assumptions to help evaluating the choices above:
After scouring the internet for a few days I have not been able to determine the best way to fit an HSA into an overall finance strategy. I have seen TromboneAl and others on this forum preaching poll Option 1. The original intent of HSAs seems to be Option 2 or Option 3. Option 4 is related to another question I have posted here. Option 5 seems like it could be a valid argument as well.
Lets hear what you think. If any of the assumptions were different, would your vote change?
- Individual has a HDHP (High Deductible Heath Plan) that is HSA-eligable ($2,500 deductible).
- Individual has a 401(k) account, a Roth IRA account, and an HSA account, but not enough income to maximize contributions to all three accounts in a given year.
- Individual has a fully-funded emergency account.
- Individual is a healthy 24 year old male making around $50,000 per year.
After scouring the internet for a few days I have not been able to determine the best way to fit an HSA into an overall finance strategy. I have seen TromboneAl and others on this forum preaching poll Option 1. The original intent of HSAs seems to be Option 2 or Option 3. Option 4 is related to another question I have posted here. Option 5 seems like it could be a valid argument as well.
Lets hear what you think. If any of the assumptions were different, would your vote change?
Last edited: