Health Savings Accounts are funded with pre-tax income that is set aside to cover medical expenses and can only be used for medical expenses. I've been contributing the max ($3,350) and rarely get sick so I have ~10k in the HSA. I just found out that I can invest the balance in an assortment of 12 Vanguard mutual funds. The max deductible on the insurance plan is $1,900 / yr and I'm financially secure, so prepared to take some risk with the money.
Since I can only use the HSA for health expenses, does it make sense to invest in the Healthcare fund with the thinking that if health expenses go up, the fund will too? It's an interesting situation since I can only use the money for health expenses. Alternatively I would probably just invest it in a conservative grown fund.
Anybody have other thoughts or experience with this situation?
Submitted June 30, 2017 at 11:06PM by SeeStolenVideos http://ift.tt/2utvK4b
