I did this on accident this year and I think I might do it on purpose moving forward:
The two plans:
Aetna high deductible:
$1500 deductible
Eligible for HSA
employer contributes ~$700 annually
Aetna low deductible:
$250 deductible
No HSA option
I’m 27 and healthy, no dependents
My plan:
Year A:
HIgh deductible
Go to doc when necessary
Contribute ~$2000/year to HSA
End balance: -$2700 assuming no doc needed
Year B:
Low deductible
Increase ROTH 401k contribution 1-2% so I’m still contributing the same amount to tax advantages accounts
Go in for check ups/dental/get injuries dealt with etc.
use HSA from year A to pay up to deductible and all copays
Rinse. Repeat.
Do any of you do this? Seems like a great way to take advantage of the great healthcare plan my job offers and accrue my HSA balance. What do you think?
Submitted December 14, 2019 at 05:56PM by gi_funk https://ift.tt/2LX5TNd
