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[TSP_Strategy] Re: Can we talk Open Season?

 

 
An HSA might be good option if:
- You are healthy, don't have any chronic conditions, and don't expect any problems anytime soon. (So funds in your HSA have time to accrue.)

I agree

- You have the ability to contribute to the yearly max amount (around $3,350 for an individual for 2016), after you made your TSP contributions.
- You are in a high tax bracket, and need the tax relief.

I agree (BTW, $4,350 for an individual over 55)

An HSA might not be a good choice if:
- You have a chronic condition.

Depends on the plan.  Make certain that you check the catastrophic amount. Some plans that will cost you far more per pay period actually require higher catastrophic amounts (the most you will have to pay in a year).

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Posted by: sarah_oz@yahoo.com
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Neither the TSP Strategy group, nor individual members, are licensed or authorized to provide investment advice. Any statements made herein merely reflect the personal opinions of the individual group member. Please make your own investment decisions based upon your personal circumstances.

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