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Reply to "High Deductible Health Insurance Plan"
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[quote=Anonymous][quote=Anonymous]Sounds like the HSA people have never had a terrible HSA administrator. I did it once and vowed never to again. The card they gave me didn't work and it was a pain to get reimbursed. And then we had lose it or use it at end of year? How on earth are you rolling these over and never drawing down the funds? How do they grow?[/quote] Two different things. If you are on a HDHP you are eligible for an FSA which rolls over and is triple tax advantaged. But you can only have it on a HDHP. Smart people are not withdrawing from it at all. https://www.metlife.com/stories/benefits/whats-the-difference-between-an-FSA-and-an-HSA/#:~:text=The%20main%20differences%20between%20HSAs,FSAs%2C%20and%20HSAs%20are%20portable.[/quote]
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