I am a school teacher and trying to save as smartly as possible for retirement. I am offered a 403b pre-tax retirement plan with no match. I also offered an HSA because of my high deductible plan.
I always max out my Roth IRA and I hope to get a pension but it could be fairly small.
The more I learn about HSA’s... it seems like I should definitely max this out before maxing out my 403b, right? I assume much of retirement money goes towards medical care so it seems like a no brainer to max out my HSA each year and avoid being taxed on post retirement medical expenses.
Lastly, what if I fund my HSA so well that I have a surplus of funds towards the end of my life. Can I roll it into an IRA and pay taxes on it when I use it?
Thanks!
Submitted April 24, 2018 at 09:52PM by EK23EK23 https://ift.tt/2HoG34u
