Looking4Ward
Full time employment: Posting here.
I have twice the amount of investments in after-tax accounts as I do in a 401k, so I'll be living off of my after-tax investments pretty much until RMD's kick in about 16 years from now.
I FIRE'd at the end of May, and I'm trying to educate myself on HSA's.
I'm paying roughly $300 a month for a $6K deductible Bronze health care plan out of pocket with no ACA subsidies.
I'm thinking of opening an HSA and contributing the max to it each year using proceeds from my after tax accounts to help reduce my tax liability on capital gains and dividends.
What would your strategy be? Why?
I FIRE'd at the end of May, and I'm trying to educate myself on HSA's.
I'm paying roughly $300 a month for a $6K deductible Bronze health care plan out of pocket with no ACA subsidies.
I'm thinking of opening an HSA and contributing the max to it each year using proceeds from my after tax accounts to help reduce my tax liability on capital gains and dividends.
What would your strategy be? Why?