The Money Mustache Community

Learning, Sharing, and Teaching => Ask a Mustachian => Topic started by: thef0x on February 19, 2016, 12:59:59 PM

Title: HSA Plan $15 more than cheapest individual qualifying plan -- should I go for it
Post by: thef0x on February 19, 2016, 12:59:59 PM

I can spend $181 / month for premiums for individual health care without a investing-enabled HSA OR I can spend $196 for a HSA investment enabled plan (with the same benefits and slightly better coverage).

Should I spend that extra $180/year to get an HSA? 

I'm leaning towards yes but wanted to ask the experts!!
-d

Title: Re: HSA Plan $15 more than cheapest individual qualifying plan -- should I go for it
Post by: seattlecyclone on February 20, 2016, 11:42:14 AM

What's your tax bracket? Multiply that by the amount you would contribute to the HSA and see if it's more than $180. It probably will be.