I have an HSA through my employer. At the moment, I always just dump 5k into it each year and use it for any medical expenses since my deductible is so high.
I currently have a family of four, all of which are on my awful insurance. My wife doesn't work, and my kids are under 8. Because my deductible is so high (8k per person before it even kicks in), my HDHP is really only for catastrophic purposes only.
I have about 16k in this account, and the account usually remains around this balance. I am curious if it is worthwhile to open an HSA investment account for a portion of this money, or if it isn't worthwhile to do it just yet until I have a bigger balance. I am not sure if the fees for doing the investment offset the cost of any gains. I am also fearful of having to use this money for medical expenses suddenly...
Submitted June 14, 2021 at 08:07AM by Kiylyou https://ift.tt/3iEtGTj
