Search found 18 matches

by Jb11
Wed Mar 27, 2019 12:52 pm
Forum: Investing - Theory, News & General
Topic: Deferring HSA by paying medical Out-of-Pocket: Overblown?
Replies: 42
Views: 3987

Re: Deferring HSA by paying medical Out-of-Pocket: Overblown?

I pay medical expenses out of pocket. Currently, when I incur the medical expense I also make a distribution from my HSA and then make a corresponding contribution to my Roth IRA on the same day. Doesn't that keep the tax benefits the same than if I waited to retirement to start withdrawing? (We don...
by Jb11
Wed Mar 27, 2019 12:10 pm
Forum: Personal Investments
Topic: Time to move out of FLRN for HSA cash?
Replies: 1
Views: 185

Time to move out of FLRN for HSA cash?

We have our HSA investment account at TD Ameritrade. Although we pay our current medical expenses out of pocket (up to and a bit over our annual deductible), we do want to keep some extra cash at TD Ameritrade that covers us up to our annual OOP maximum. So in other words, this is not money we fores...
by Jb11
Sat Apr 07, 2018 1:49 pm
Forum: Personal Finance (Not Investing)
Topic: How to Invest HSA Funds for Health Expenses in Next 1-3 Years
Replies: 1
Views: 309

How to Invest HSA Funds for Health Expenses in Next 1-3 Years

I have my HSA through HSA Bank and I have a linked TD Ameritrade account through my HSA. I've seen a lot of recommendations on this board about how to invest HSA funds via TD Ameritrade for the long-term (retirement). What do folks suggest for money for potential health expenses in the next 1-3 year...
by Jb11
Wed Mar 07, 2018 12:51 pm
Forum: Personal Finance (Not Investing)
Topic: HSA family max contribution lowered to $6850 for 2018 [and changed to $6900 again]
Replies: 128
Views: 20793

Re: HSA family max contribution lowered to $6850 for 2018

My HSA provider (HSABank) has already updated my account to show the new 2018 maximum contribution limit.
by Jb11
Tue Mar 06, 2018 12:00 pm
Forum: Personal Finance (Not Investing)
Topic: HSA Distribution Question
Replies: 6
Views: 837

Re: HSA Distribution Question

Thanks. That was my interpretation as well.
by Jb11
Mon Mar 05, 2018 7:49 pm
Forum: Personal Finance (Not Investing)
Topic: HSA Distribution Question
Replies: 6
Views: 837

HSA Distribution Question

In January I completed an online health assessment with my health insurer and was issued a $75 debit card I could use to pay for qualified medical expenses. I recently used the debit card to pay for a doctor's visit. I have an HDHP with an HSA. Can I reimburse myself the cost of the doctor's visit f...
by Jb11
Fri Jan 19, 2018 11:14 am
Forum: Personal Finance (Not Investing)
Topic: New HSA - GEHA Contribution Question for 2018
Replies: 2
Views: 437

Re: New HSA - GEHA Contribution Question for 2018

OK thanks. Thats exactly what I needed to know.
by Jb11
Wed Jan 17, 2018 5:00 pm
Forum: Personal Finance (Not Investing)
Topic: New HSA - GEHA Contribution Question for 2018
Replies: 2
Views: 437

New HSA - GEHA Contribution Question for 2018

I started an HDHP with an HSA this year through GEHA (a federal employee health insurance provider that I know some folks on BH also use) and I’m planning to max out my HSA this year. Under my family HDHP plan, GEHA normally deposits $125/month ($1,500/year) into my HSA which would normally mean tha...
by Jb11
Fri Nov 24, 2017 9:03 am
Forum: Personal Investments
Topic: Thrift Savings Plan
Replies: 34
Views: 5787

Re: Thrift Savings Plan

A few months back some friends were recommending FedTrader for TSP allocation. I ran a quick comparison for the past three years of his suggested market timing moves and just sticking with the L 2040 fund, which I was invested in. L 2040 beat FedTrader by more than 3% per year over the 3 year period...
by Jb11
Tue Nov 14, 2017 8:25 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 FEHB HDHP Recommendations
Replies: 54
Views: 11412

Re: 2018 FEHB HDHP Recommendations

I’m also thinking of signing up for the GEHA HDHP with HSA. Does HSABank have a list of the available investment funds that GEHA members can invest in for free on its site somewhere? I looked but could not find a list.
by Jb11
Mon Nov 13, 2017 6:48 am
Forum: Personal Investments
Topic: GEHA HDHP & HSA Questions
Replies: 5
Views: 971

Re: GEHA HDHP & HSA Questions

Thanks for the responses. They really help me plan for this transition to the HDHP.
by Jb11
Sun Nov 12, 2017 11:00 pm
Forum: Personal Investments
Topic: GEHA HDHP & HSA Questions
Replies: 5
Views: 971

GEHA HDHP & HSA Questions

During open season this year, I’m looking at enrolling in the GEHA HDHP for 2018. From everything I’ve read it looks like my enrollment with the HDHP would commence on January 7, 2018, but my HSA would not be created until sometime in February. If correct that raises two questions: 1. Once establish...
by Jb11
Sat Sep 02, 2017 1:50 pm
Forum: Personal Investments
Topic: Questions - Transferring IRA from Ameriprise to Vanguard
Replies: 3
Views: 571

Re: Questions - Transferring IRA from Ameriprise to Vanguard

Thanks for the guidance. I think my dad has decided to sell everything at Ameriprise first that way he can do a money market to money market transfer. Thanks again.
by Jb11
Thu Aug 31, 2017 11:47 am
Forum: Personal Investments
Topic: Questions - Transferring IRA from Ameriprise to Vanguard
Replies: 3
Views: 571

Questions - Transferring IRA from Ameriprise to Vanguard

I’m trying to help my retired dad transfer his existing rollover IRA from Ameriprise to Vanguard. From speaking with Vanguard reps, it appears that when he completes this “in-kind” transfer he will have a Vanguard Brokerage Service (VBS) IRA. I have had a Roth IRA at Vanguard for 12+ years, but it i...
by Jb11
Tue Mar 21, 2017 7:59 pm
Forum: Personal Investments
Topic: Anyone familiar with Virginia 529 plans?
Replies: 13
Views: 2118

Re: Anyone familiar with Virginia 529 plans?

I manage VEST Invest529 accounts for two children. Until now, 100% of funds were invested in the stock fund which is Vanguard's TSM. Yesterday afternoon, I decided to diversify these accounts because of the recent market surge and the approaching distribution date. After reading the plan materials ...
by Jb11
Fri Mar 10, 2017 1:48 pm
Forum: Personal Investments
Topic: Payoff Student Loans Early? Requesting help.
Replies: 14
Views: 1407

Payoff Student Loans Early? Requesting help.

My wife currently has $19,000 left on her student loans at a 5.875% rate. We are currently on schedule to pay them off in August 2021. She is a stay at home mom with no earned income so we have not found a lender willing to refinance them to a lower rate. So we have been tossing around a couple of i...
by Jb11
Sun Feb 26, 2017 7:54 am
Forum: Personal Investments
Topic: MyRA for Vacation Savings - Rollover Issue?
Replies: 12
Views: 1260

Re: MyRA for Vacation Savings - Rollover Issue?

Thanks for the insightful responses.
by Jb11
Tue Feb 21, 2017 10:29 pm
Forum: Personal Investments
Topic: MyRA for Vacation Savings - Rollover Issue?
Replies: 12
Views: 1260

MyRA for Vacation Savings - Rollover Issue?

Longtime lurker, first time poster. I've learned a lot from the great folks on here. After reading some of the posts here, I am considering opening MyRA accounts for myself and my wife as our (combined) savings fund for future vacations. We are trying to take advantage of the 2.375% interest rate (m...