What now; HSA with no available HSA Health Plan?
Long time lurker here and should introduce myself on the 'Hi I am..' thread; but have a pressing issue that I need your help on in the mean time.
I ER'd back in the summer of 2013 and opened an HSA account at that time along with a HDHP that was HSA approved.
Since then there had been HSA compatible plans available under the ACA; and I've participated / contributed to my HSA every year since. But this year there are drastically fewer ACA plans available to Central Oregon residents and *NONE* of therm are listed as HSA compatible. This despite individual deductibles being sky high at over $7,000!
I took the strategy of tracking my eligible expenses while letting the account grow tax free. The account is over $15K now and I don't want to liquidate it in Jan - especially since there will probably be new legislation that encourages HSA's in the future. I don't plan to go without health insurance; so I will buy a super expensive high deductible ACA plan even though it's not HSA compatible.
So my question to the forum; What risks am I taking with this strategy? Should I attempt another HSA contribution in 2017 even though I don't have an HSA health plan?
I value your feedback!