- Joined
- Dec 5, 2015
- Messages
- 28,581
- Reaction score
- 6,362
- Location
- Washington
- Gender
- Male
- Political Leaning
- Independent
Health Savings Accounts is a relatively new type of investmnet/tax shelter vehicle however it seems to be a hot-button issue.
It attracts younger/healthier/wealthy Americans out of the general pool and leaves the unhealthy to fend for themselves.
On the other hand, they provide triple tax deductions and a way to possibly grow your money allocated to health insurance, something that doesn't happen with other insurance plans.
I personally believe they should increase the max contribution to $18,000 and eliminate the requirement of getting a high deductible plan.
It attracts younger/healthier/wealthy Americans out of the general pool and leaves the unhealthy to fend for themselves.
On the other hand, they provide triple tax deductions and a way to possibly grow your money allocated to health insurance, something that doesn't happen with other insurance plans.
I personally believe they should increase the max contribution to $18,000 and eliminate the requirement of getting a high deductible plan.