I’m an FSA Convert. Here’s My HSA + FSA Combination Strategy.

I’ve been a huge advocate for health savings accounts (HSAs) for many years. While I worked for a MegaCorp, I participated in a high deductible health plan (HDHP) and contributed the maximum HSA contribution amount each and every year that I could, viewing my HSA as a way to reduce my taxable income, pay for qualified medical expenses, and maybe even have enough left over for additional retirement withdrawals at age 65 (when money held in an HSA can be withdrawn and used for any reason). Meanwhile, I had never opened or contributed to a flexible spending account (FSA) my

The post I’m an FSA Convert. Here’s My HSA + FSA Combination Strategy. appeared first on 20somethingfinance.com.