02-25-2019, 08:17 PM
(02-25-2019, 07:00 PM).RJ Wrote: Investing, no - using it in conjunction with a HDHP, yes. With the latter its fairly seamless and easy, but there has never been enough set aside to leave anything leftover. I'd be curious to see the math there for investing there pre-tax vs post-tax in an index fund.
We're on a HDHP and the family deductible is $2700, but Google contributes $2000 annually. I elected to put in another $2000 of my paycheck, based on the deductible and our historical annual spend (assuming 10% coinsurance). I have the option to invest any money in the HSA to grow tax free, but my brain is getting caught up because I'll have about as much money as I intend to spend in a given year. Given the short term use, it feels like protecting the balance is more important than growing the balance.
The investment vehicles are pretty much the same as my 401k options. Maybe I should divert a bit more cash to the HSA in case we encounter a large medical expense down the line, given it would grow identically to my 401k? It just feels weird to gamble medical monies in the market.
'76 911S | '14 328xi | '17 GTI | In memoriam: '08 848, '85 944
"Here, at last, is the cure for texting while driving. The millions of deaths which occur every year due to the iPhone’s ability to stream the Kim K/Ray-J video in 4G could all be avoided, every last one of them, if the government issued everyone a Seventies 911 and made sure they always left the house five minutes later than they’d wanted to. It would help if it could be made to rain as well. Full attention on the road. Guaranteed." -Jack Baruth
"Here, at last, is the cure for texting while driving. The millions of deaths which occur every year due to the iPhone’s ability to stream the Kim K/Ray-J video in 4G could all be avoided, every last one of them, if the government issued everyone a Seventies 911 and made sure they always left the house five minutes later than they’d wanted to. It would help if it could be made to rain as well. Full attention on the road. Guaranteed." -Jack Baruth