@livesoft
Thank you for the note (and congratulations on your retirement), happy to hear that you were in good health. I think that retaining receipts from prior years and using them after retirement to withdraw is an excellent idea. It was recommended to me by a friend/mentor as well.
@heikejohn1
Thank you for the note, this is a great idea. I am also happy to share that I switched from letting the cash sit in the HAS account to investing all but a few thousand dollars.
@NiceUnparticularMan
hank you for the note. I totally agree. I scan the receipts digitally (because ink can fade over time depending on the quality of the paper) and store them in the cloud for safekeeping.
@EngCapt1
Thank you for the note. I totally had incorrect assumptions about investing with HSA. As you mentioned, I enrolled a few days ago (finally after two years of working at the company I am at right now) and saw it was possible to invest the cash into different things (stocks, bonds, etc.).
@dcabler
Thank you for your note. That sounds like a great approach, the idea of planning for how to use the HSA funds (medical needs), as well as transferring the funds from HSA into another account if there are not appealing investment plans.
@MDJoe
Thank you for the note. I am happy to report back that I invested most of my cash in the HSA account as of a few days ago.
@invest4
Thank you for the note (and congratulations on retirement and accumulated growth). I considered myself research savvy but after realizing I was misinformed about people electing to keep their HAS funds as cash vs. investment, I realized again I have so much to learn in the area of financial literacy.
@PaunchyPirate
Thank you for the note. It’s nice that it is zero-cost. I agree now that investing with the HSA is a great idea.
@mhc
Thank you for the note. I agree. I have transferred the cash into a stock account.
@WildFlower
Thank you for the note. I agree and hope so too.
@AruthaOfKrondor
Thank you for the note. It sounds like a very well-planned out approach. I agree that keeping in mind the target date of retirement provides context for planning.
@dogagility
Thank you for the note. I have elected an aggressive approach to investing some of the cash that was in the HSA account.
@grabiner
Thank you for the note. I agree that retaining some funds in the HSA as cash for medical expenses is a great idea. Much to the support of you and others here, I have decided to do the same and invest most of the cash into investments. This discussion board has changed my life for the better again and I am grateful. I used to live in New Jersey but now live in New York City but if I do relocate I will keep this suggestion about TIPS in mind. I had not heard about Treasuring Inflation Protected Securities (TIPS).
@babysteps
Thank you for the note. Two days ago I went ahead and started.
@triyoda
Thank you for the note. Another colleague recommended the same thing about retaining receipts to use for reimbursement after retirement to use the funds for non-medical (or medical) purposes. I agree that the triple tax-free idea is a great feature.
@jasper74
Thank you for the note. I agree that maxing out the 401k and Roth and then setting a limit to when and how much to reimburse from the HSA when needed is a great idea.
Thank you all once again for the feedback and suggestions, I appreciate it immensely. I understand how important financial literacy is and strive to learn. You all made a difference in this one Millennial’s life. Have a great week and rest of the summer.
Thank you for the note (and congratulations on your retirement), happy to hear that you were in good health. I think that retaining receipts from prior years and using them after retirement to withdraw is an excellent idea. It was recommended to me by a friend/mentor as well.
@heikejohn1
Thank you for the note, this is a great idea. I am also happy to share that I switched from letting the cash sit in the HAS account to investing all but a few thousand dollars.
@NiceUnparticularMan
hank you for the note. I totally agree. I scan the receipts digitally (because ink can fade over time depending on the quality of the paper) and store them in the cloud for safekeeping.
@EngCapt1
Thank you for the note. I totally had incorrect assumptions about investing with HSA. As you mentioned, I enrolled a few days ago (finally after two years of working at the company I am at right now) and saw it was possible to invest the cash into different things (stocks, bonds, etc.).
@dcabler
Thank you for your note. That sounds like a great approach, the idea of planning for how to use the HSA funds (medical needs), as well as transferring the funds from HSA into another account if there are not appealing investment plans.
@MDJoe
Thank you for the note. I am happy to report back that I invested most of my cash in the HSA account as of a few days ago.
@invest4
Thank you for the note (and congratulations on retirement and accumulated growth). I considered myself research savvy but after realizing I was misinformed about people electing to keep their HAS funds as cash vs. investment, I realized again I have so much to learn in the area of financial literacy.
@PaunchyPirate
Thank you for the note. It’s nice that it is zero-cost. I agree now that investing with the HSA is a great idea.
@mhc
Thank you for the note. I agree. I have transferred the cash into a stock account.
@WildFlower
Thank you for the note. I agree and hope so too.
@AruthaOfKrondor
Thank you for the note. It sounds like a very well-planned out approach. I agree that keeping in mind the target date of retirement provides context for planning.
@dogagility
Thank you for the note. I have elected an aggressive approach to investing some of the cash that was in the HSA account.
@grabiner
Thank you for the note. I agree that retaining some funds in the HSA as cash for medical expenses is a great idea. Much to the support of you and others here, I have decided to do the same and invest most of the cash into investments. This discussion board has changed my life for the better again and I am grateful. I used to live in New Jersey but now live in New York City but if I do relocate I will keep this suggestion about TIPS in mind. I had not heard about Treasuring Inflation Protected Securities (TIPS).
@babysteps
Thank you for the note. Two days ago I went ahead and started.
@triyoda
Thank you for the note. Another colleague recommended the same thing about retaining receipts to use for reimbursement after retirement to use the funds for non-medical (or medical) purposes. I agree that the triple tax-free idea is a great feature.
@jasper74
Thank you for the note. I agree that maxing out the 401k and Roth and then setting a limit to when and how much to reimburse from the HSA when needed is a great idea.
Thank you all once again for the feedback and suggestions, I appreciate it immensely. I understand how important financial literacy is and strive to learn. You all made a difference in this one Millennial’s life. Have a great week and rest of the summer.
Statistics: Posted by Hayabusa — Mon Aug 25, 2025 8:54 am — Replies 17 — Views 1569