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Old 01-26-2020 | 06:06 AM
  #96  
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Tailhookah
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From: Widget Jet
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Originally Posted by Dorn
ya I’m sure that’s could be arranged. Just making the point I am always incredibly weary of “promises” I 100% know what I intend to do with my money but large plans such as a medical retirement that becomes obsolete in some point in the future is not comforting at all. What tax rate is that money taxed at? Is it my money or some fund? What is the growth of said money for the time is sat in a fund for a future promise that is now obsolete?

The medical plan we have now has the HSA fund. That is 100% tax free front and back end. That’s my money that I can use for virtually anything (in the medical sphere) which is very lose. And it’s investible so you can save up to $7100 max contribution per year. That’s easily 200k if you start and have years to go. (Or at least a very healthy chunk of cash pending on your retirement date) Plus worse case if the medical system goes public well it’s still 100% your money. Kind of hard to turn that down.
HSA can’t be used if someone is on the DPMP. So it’s not available to all.
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