[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.

[Megan]

Can you comfortably float yourself now on those expenses? If so, yes, invest for the long haul.

[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

[Erica]

The best tax advantage is to invest it and save it for retirement.

[Cody]

The former. Let that HSA grow tax-free for future qualified reimbursement!

[Author]

Posts