High deductible caused me to have $0 take home pay I started a per diem job B working once a week. I already had another 32 hr part time position and another per diem A. When I filled out my information for per diem B, I had a high deduction for taxes. Didn’t think much of it. The job didn’t work out, I haven’t gotten paid for the few shifts I worked so I messaged the owner who said that becaus…

Can wife use HSA funds even after she’s no longer on the high deductible plan with me? We accumulated $4k into our HSA this year while we were both on a HDHP. Next year she’ll be on her own health plan through her employer (not a HDHP)— can the $4,000 we have in our HSA still be used for her in 2025? Assuming we save another $4,000 in it in 2025, can she use that also? Bonus question — do the HSA contribution limits for “family” a…

HDHP + HSA vs $0 deductible and no HSA My Company started providing healthcare benefits through an ICHRA which basically means we are forced to purchase plans on the ACA market place. The good news is that they cover 100% of the premium for all the plans available to our family on the ACA market place, the bad news is the all of the plans are far worse the the group plan that we were…

They Hit Their Health Care Deductible. It Was Time to Party. Some of those grappling with high health care costs are finding ways to celebrate small wins and build a sense of community.

Health Insurance: Traditional PPO vs High-Deductible PPO Hello Reddit, I am getting married soon so I will have a chance to re-evaluate my benefits. My company offers a Traditional PPO plan and a High-Deductible PPO plan with and HSA offering. You can see the raw numbers here: https://i.imgur.com/yzAVwbZ.png The thing is, I am having a hard time coming up with a scenario that the Traditional PPO offer…

Eight Energy-saving Home Renovations That Are Tax Deductible Make your home more efficient, and get a little back from the government.

High earner just realized my Trad IRA contributions are no longer deductible-what now? Hi all, Newish to PFi so some concepts are fuzzy for me! I have about 70k in my Traditional IRA with Vanguard. I am finally at the point in my career where I make too much (200K this year-RN in a VHCOL area) to deduct my Trad IRA contributions from my taxes. If I convert it to a ROTH, my understanding is that I will pay taxes on existing earning…

Is an HSA really worth it with such a high deductible? Hi! My company recently decided that our benefits were “too good” and they needed to scale back to match the industry standard (honestly they seem worse than all my friends with comparable jobs now..). My originally $0 premium $0 deductible, $15 copay EPO plan now turned into a $79/mo premium (So a ~$1000 decrease in my salary) with a $30 copay….

Microwave deductible for rental property? Hey guys. I have a rental property where I had provided a countertop microwave to my tenants. The microwave went bust this morning. Can I replace it with a new microwave and deduct that as an expense for the rental property on my tax returns? TIA! submitted by /u/otu1205

Should I get a high deductible insurance plan myself (i.e. NOT provided by employer)? I started a new job in April and missed the enrollment period so I have to wait until Oct. 31st to enroll in my employer’s health insurance benefits. HOWEVER, I’ve been reading up on a lot of investment strategies and learned that HSA can be a great tool to invest in given if you are young, healthy, and don’t go to the doctor’s often (me!). The …