I know these laws are in flux going forward, so my questions are about the current laws.
If I retire early, I am still eligible to purchase Healthcare through my former employer's retiree healthcare plan for my wife and me. The plan is 100% funded by the retirees; the company subsidizes 0% of it.
Questions:
1. Can I open an HSA and load it with pre tax dollars to use to pay the premium?
2. Can premiums be deducted on our taxes as my wife will continue to be working -- self employed as a real estate broker? If so, all of it, or just half?
Assume retirement gross income in excess of $200K. Not sure that matters.
Thanks.
If I retire early, I am still eligible to purchase Healthcare through my former employer's retiree healthcare plan for my wife and me. The plan is 100% funded by the retirees; the company subsidizes 0% of it.
Questions:
1. Can I open an HSA and load it with pre tax dollars to use to pay the premium?
2. Can premiums be deducted on our taxes as my wife will continue to be working -- self employed as a real estate broker? If so, all of it, or just half?
Assume retirement gross income in excess of $200K. Not sure that matters.
Thanks.