As long as we're doing woulda shoulda couldas we all should have put all our money in NVIDIA a few years ago.hello, a couple of questions about HSA
going thru my woulda, coulda, shoulda list (its long)
wife and I never opened an HSA prior to our retirements - we both always had low deductable medical plans but still paid about $100 to $200/mth.
in retrospect i assume we should have opened an HSA some years (10?) prior to retirement and max funded it ($3600/yr)
- then used it to pay the mthly benefits charge that was taken out of our paychecks while working while the unused balance grew tax free
- then once medicare started could use it to pay for medicare b & d even though you cannot contribute to an HSA after medicare begins
my assumption is once medicare begins there is no way to open or contribute to an HSA?
Let the water under the bridge go and stop beating yourself up about it. As a poster above said, you might not have even been able to contribute to an HSA anyway.
Statistics: Posted by White Coat Investor — Thu Dec 26, 2024 2:12 pm — Replies 3 — Views 125