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Reply to "What's your ideal target for an HSA?"
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[quote=Anonymous]I have $222k in mine. Age 51 with similar age spouse. While you can withdraw from it like a 401k in retirement, any inherited amount left to a beneficiary is fully taxable immediately. So if you leave $400k to your child, that will bump them up several tax brackets and a big chunk will go bye-bye. Therefore, I save my receipts as I go and will use the HSA to pay for Medicare premiums and OOP expenses as soon as I'm 65. I will also withdraw my older expenses as a way to dampen my taxable income in retirement. But the goal will be to empty it out relatively soon (say 10-15 years into retirement).[/quote]
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