hopeisnotaplan
Recycles dryer sheets
- Joined
- Jun 18, 2015
- Messages
- 51
2019 is our first time being eligible for an HSA and have a question.
As I understand it, I can open just one account and fund it for $7K or open two accounts split them however I choose, up to $7K. And I can pay medical expenses for either of us with the one account. We will be funding from cash not payroll...(FIRE’d in ‘18)
If I have that correct so far, what is the advantage/disadvantage to opening one account vs two? The only thing I can think of is in the event of a divorce the spouse not on the account could get a raw deal.
Anything I’m missing here?
Thanks!
As I understand it, I can open just one account and fund it for $7K or open two accounts split them however I choose, up to $7K. And I can pay medical expenses for either of us with the one account. We will be funding from cash not payroll...(FIRE’d in ‘18)
If I have that correct so far, what is the advantage/disadvantage to opening one account vs two? The only thing I can think of is in the event of a divorce the spouse not on the account could get a raw deal.
Anything I’m missing here?
Thanks!