Is it worth it for me to get a HDHP + HSA? I have to choose a health plan through my employer. I make 44k a year and I’m choosing between two plans. The LMV1 is $170 per month and the HDHP is $210 a month. Here is the complete breakdown: https://imgur.com/a/H39GWCI The deductible for the HDHP is actually lower, and overall that plan looks interesting and I would like to have an HSA, but …

Opened an HSA, then realized several months later I’m not actually eligible for an HSA In July of last year, I moved away from my parents, and I recently started a new job in January of this year. This job offered health insurance, including an HDHP plan with an HSA. I’ve read about the tax advantages of this account, and I certainly like not paying a large premium every month. I don’t go to the doctor extremely frequently, so I t…

Is an HSA worth the cost? I work at a small family owned business and have to use marketplace health insurance. I would like to have an HSA to max out for the tax benefits, but that would require paying an extra $80 a month for an eligible plan. Would the tax benefits be worth the extra insurance cost? If my math is right: $80*12months = $960 extra for HSA eligible plan …

How much do you keep as your HSA Cash Balance (not invested) and what is your reasoning? Do you keep one year of deductibles? Five years? A fixed amount, like $3,000? I’m (38M family of four) trying to find a way to set this and forget it for the next few years but I can’t decide on a strategy. Wife just had a baby this year and most of the expenses related to labor & delivery are behind us. Historically, we have been healthy and h…