Hi All! Hoping you can help with a couple questions I have.
I’m currently 25 years old, turning 26 at the end of April, which is when I’ll have to get my own health insurance. Today is the last day to entropy in my employers benefits program for the year of 2022. I have a couple of questions regarding HSA & HDHP in general as that’s the plan I would be choosing.
1) Is it worth paying for health insurance for the months of January - April when I’ll still be insured through my parents? Is it easier to get health insurance independently once I turn 26? (not through employer)
2) If I apply for my own health plan, am I even allowed to have an HSA since I still am under my parents plan?
3) When X amount comes out of my check, does that amount automatically go into my HSA or is an HSA a separate account that I have to fund separately? I think it may be a dumb question, but just want to make sure it’s not like I X amount from every check then have to put more into the HSA separately.
Thank you all in advance!
Submitted October 29, 2021 at 12:18PM by PKJMS https://ift.tt/317S4G5
