Should I save my HSA for retirement or use it now? › Forums Tagged: Retirement This topic is empty. Viewing 5 posts - 1 through 5 (of 5 total) Author Posts January 11, 2025 at 1:38 pm #117190 Reply Anita I have a HD insurance plan and have been contributing to a HSA for about 2 years. I am not retired yet possibly 10ish years. Should I continue to pay out of pocket for my medical expenses and save the HSA for retirement or go ahead and use it. January 11, 2025 at 1:39 pm #117191 Reply Megan Can you comfortably float yourself now on those expenses? If so, yes, invest for the long haul. January 11, 2025 at 1:39 pm #117192 Reply Poley There are no RMDs from HSA so just let it run. You can pay Medicare premiums (part B/C/D) and any copay or deductibles. Also, you can continue to hold those receipts and use a few decades from now when you use up 401k funds for example January 11, 2025 at 1:40 pm #117193 Reply Erica The best tax advantage is to invest it and save it for retirement. January 11, 2025 at 1:40 pm #117194 Reply Cody The former. Let that HSA grow tax-free for future qualified reimbursement! Author Posts Related Topics:How do you save for large expenses after retirement?Stop contributing to retirement accounts for early retirement?What buffer (as % or $) do you include for uncertain expenses in early retirement (45–65)?What asset allocation suits us 3.5 years from retirement at 58?What % or $ do you add as a contingency in early retirement plans?Should I buy a home or continue renting to save for early retirement? Viewing 5 posts - 1 through 5 (of 5 total) Reply To: Should I save my HSA for retirement or use it now? Your information: Name (required): Mail (will not be published) (required): Website: Submit Spread the love No related posts.
