Hey Ya'll,
I wanted to gather other people's experience with investing through an HSA.
My employer offers one and I figured it probably does make sense to use that as another platform of saving. The HSA would be through HealthEquity.
My employer will contribute $250 each year, and I plan to max out my contribution limit and then let that money sit in there and pay for medical expenses out of pocket. I saw on some prior MMM posts that you can keep medical receipts for years and years and then have your HSA reimburse you later. Has anyone actually done this? Also, in the meantime if you pay out of pocket for medical expenses but also have an HSA you chose not to use, does that mean you cannot claim the out of pocket expenses on a tax return since you already get a tax benefit from having an HSA?
To try and have control over my HSA and dip into investing personally and avoiding fees and costs, I am going to handle the investing myself.
Does anyone here use HealthEquity and recommend certain investments?