Anyone here grow their HSA to $100K or $250K or more? Wondering what strategies you leverage once you’re there, I figure at this balance you can achieve “free” healthcare until your 60s hit based on $4K/year withdrawals. At 35K and hoping to ride this bull market to the goal

like
Posting as :
works at
You are currently posting as works at

You still have to pay for healthcare after 60 though right? At 65 you can receive Medicaid but that doesn’t cover everything (e.g., dental, vision).

like

Yep I hear ya D1, luckily mine is with hsa bank so I can invest in TDA however I want minus options. It’s not talked about often but hsa is powerful essentially a Roth IRA after 65, so trying to leverage it as much as I can

like

My HSA is at 20k I started it only a few years ago and max it every year (married). I plan to invest 100% (same as D1 up above in SP500 mainly) and always use cash for medical expenses and hopefully have it between 500k and 1M in retirement. Then mass reimburse myself tax free for everything medical I paid cash for last 30 years and use the rest for retirement medical expenses. The HSA is the most underutilized and unknown retirement advantage there is (as long as it makes sense for you to have HDHP coverage and you can swing the cash for medical expenses). I’m a trusts and estates attorney so I tend to nerd out on anything saving taxes.

like

Yes. But all I do is scan and save them in the cloud and log into an excel tracker I made. Whole process takes 60 seconds per receipt. And I dream of the day when I reimburse myself however much 30 years of medical expenses costs my family, the IRS throws the audit flag and then I just Gronk spike 30 years of receipts onto their desk. I won’t even give them the tracker just the receipts so they have to do the math.

At that point I can leverage dividend stocks to cover my withdrawals and then the rest I would invest in growth stocks

Related Posts

Does anyone have and pay for both Chase Sapphire Reserve and Amex Plat. Would you recommend having both?

like
like

SD peps, trying to decide between Seattle or San deigo as we move away from Texas. Realize both places are different, specially weather wise but wanted to hear from someone here who's lived both places or can comment on which city would u prefer? Nature and water are important to me. Also, I will be buying my first home in the next two years so need to consider that as well.

like

How much cash do you keep in bank accounts? I have 50% in RE, 25% in market through retirement and education accounts and 25% in cash. Always think it’s too much cash but have never been able to gather courage to put more than 25% in market which I already have through 401K and 529. Any ideas on what to do with money just sitting in the bank earning no interest with 9% inflation eroding the value every single day

like

Need some encouragement: 1. my husband just resigned from his job as it was beginning to give him mental health challenges and even put him in counseling. I am now the only income producing person. 2.I haven’t been tithing in a couple years (mainly bc I moved to seattle and haven’t found a church home…Covid didn’t help). 2. Leaving amazon for a better paying job that God blessed me with, at a great time. I don’t have the margin to tithe but know I need to. If you’ve been in this sitch, advice?

like

Does anyone know if we can reimburse expenses for items listed in Wageworks while on maternity?

I know we cannot expense phone/internet/ commuter benefit as I am not actively doing work.

However, for other items that fall under wage works reimbursement, I couldn’t find anything in writing yet.

What latest COVID treatment is being routinely practiced in your facility? Is convalescent plasma therapy being routinely used?

like

How much of PTO RSM employees gets? Also, what is the Paternity time policy?

like

Can anyone share what are the perks & benefits we will get in barclays , i didn't find much in offer letter , planning to join chennai . Barclays global service center

like

I recently accepted a job that’s fully compensation based on life insurance , health insurance…. Anyone have any thoughts on yr1 pay and the life of it ?

I’m trying to get my parents into adopting healthier eating habits but nothing is really sticking. Do you have any recommendations or like books I can give them to teach them what’s actually good to eat vs. falling for good marketing/ fads?

like

Hey fishes! Anyone got suggestions for healthcare or health tech companies in the city to pursue? 7 yoe, higher Ed degree.

Love working in healthcare, but not sure what my consulting exit options are.

like

Anyone have experience transferring stock out of Computershare? Rolled my old 401k to a IRA and am trying to figuring the best/cheapest way to transfer my former company stock to my taxable acct. I assume transferring to the IRA is not possible

like

Currently on maternity leave from a small firm with no may leave benefits. Would love to become legal aid duty counsel to get better with life balance and mat leave benefits for kid #2. But I hear it's next to impossible to get a full time position except by starting on contract. Anyone in Toronto have any insight about becoming a family law duty counsel?

It's that time...🦃

What's one thing you're grateful for in your life or career at the moment?

Drop it below! 👇

like

🇨🇦 Working in manufacturing that has facilities canada wide. Sole HR resource onsite taking care of the recruiting , training , employees relations , workplace investigations, comps and benefits etc. onsite staff of about 120. Current compensation $65,000 . I’m I being underpaid? Been with the company for 8 months.

I posted here some months back about my ectopic pregnancies but today, I'm posting to tell you all to hang in there and God will do it for you. (Please don't insult me of you don't believe in God because I strongly do).
In a nut shell, we had baby #1 without trying. Started trying for #2 and over 2 years, I had 4 miscarriages and 2 ectopics. In July, my doc informed me that the only way forward was through IVF. I was tired and confused. I PRAYED! and continued trying. (The rest in the comments.)

likeuplifting
like
like

Just started a new job and have no PTO and my gf is moving back to her home country. She’s upset that I can’t come with her and doesn’t want to go on the weekend because thats when her goodbye party is planned. Yes, we’re gonna do long distance. AITA?

More Posts

Hi, I'm a new member and I need help. I have 31 likes from my posts and replies but I'm still not able to DM others. I suspect it's the first love icon that needs to be 11. What is this love icon with a count of 10, and how can I earn 1 more?

Post Photo
likesmartupliftinghelpful

Looking for a referral.
Experience: 3.8 y
Tech stack: Python, django, flask, AWS, postgresql, MySQL, git, restapi, datascientist
Notice period: 15-30 days

Anyone else find it strange that Slack and Company has advised their employees that they are shutting the agency down on Friday, yet they still have available positions showing up online.

Guys, I got retained for 14 LPA from 9.5 LPA 1.5 yrs back..I'm now receiving offers for 20 and above. Is there any way my pakage can be raised with my current job itself(work environment here is good)?? Not sure if dropping papers and getting retained will give a nad impression on me..is there any fair way of increasing my package.

like

Hi I am being interviewed for Business operations specialist position with 4 member interview panel. I am coming out of my career break. So any insights on cracking the interview would be helpful. Thanks

like

Wow Zahra leaving to join Salesforce UK as President and CEO. Why are we losing such great leaders. Olly, Zahra, Omar, what is going on in the UK!

likehelpful

Going for an extreme makeover. Hair is currently shoulder length , looking to cut (almost like Victoria Beckham) dye it blonde, whiten teeth, tan and tortoise shell glasses. Should I?

like

I’m good at conceptualising — but how can I become a better writer?
I saw some copywriting courses on ‘42 courses’. Does anyone have any experience with their courses? Or have any other recommendations?

like

Should I take Siegfried Offer?

like

My husband & I are relocating to be closer to family next year. I always assumed I’d stay in my current role until the move, but things at work have become horribly toxic. I can’t stay in this environment for 10 more months. I’ve thought about trying to find a job in the new state that might let me start remote…but that feels like such a long shot. Any other recs? I’m feeling really hopeless & trapped recently.

like

Loving Eth right now but stressing me out that I should sell. Someone talk me out of it

like

What is the proper title of someone who is a PR manager and over Influencer campaigns ?

like

In search of a good body wash which moisturizes sensitive & lightly dry skin.
Any recommendations ?
Wont mind spending the $s if worth it.
Tried Loccitane & Oribe - they were just about okay in terms of not drying out skin.

likehelpful

Spot the kitty!

Post Photo
likefunny

While filling ITR,

It's asking to provide confirmation even after providing the details & confirming.

Anyone please help

Post Photo
like

I am STRUGGLING to find good workshops to bring in to my company! I'm trying to build L&D but no one (in professional groups) seems to be willing to share the facilitators they like and I'm so stuck because I need to bring in facilitators but need to have them vetted by recs prior.
I desperately need someone to give 1 hour sessions to large groups on broad topics like time mgmt...
I desperately need someone to lead customer support training on best practices to our support teams...
So stuck.

like

What are some signs to look for that point towards layoffs?

likehelpful

Any PwC 🐠 willing to refer for an identity and access mgmt role?

After 12 years agency side and being very successful, I’m struggling to adapt to my new corporate job that I’m overqualified for and struggling to find my footing. Almost feels like imposter syndrome even tho this job is easier but the processes and people are throwing me off. I’m 3 months in. Is this normal?

like

I need advice. I come from a tech background and been in a rut. I love tech but I feel like haven't done any constructive in my life in terms of career. ctd

like

Additional Posts in Personal Investment Chatter

Anyone run a side business for the tax benefits? Thinking about things like the over 6000lbs vehicle tax deduction, home office deduction, etc. What sorts of business do you all have?

like

Recommendations for how to allocate 401k with Fidelity. Just switched jobs and have to move from Merrill Lynch to Fidelity

like

Better alternatives to mint for understanding spending/spending categories over time?

like

On personal Capital, how many of you add the value of your car to your net worth

like

Does anyone have experience adding authorized user to a fidelity account?

like

Anyone know why cannabis stocks are jumping so much today?

like

Selling 2022 sealed and brand new Kaplan CFA Level 1 books, comment or DM if interested

like

If you kids are the beneficiaries on my will — can I put one of them as the primary executor as well ? I’m divorced btw

like

Are there any ETFs for blockchain companies?

like

If you have a side gig/small company that you run while working as a consultant, how much extra compensation does that bring you in each year, on average?

like

New to investing. Looking for any/ all tips... book recommendations, YouTube videos on how to get started

like

Is anyone familiar with filial responsibility laws? I have major doubts that my in-laws have enough saved for retirement / it seems they are planning to rely on SS despite currently living a pretty lavish lifestyle (brand new house, luxury cars, routine spa appointments, expensive dinners, etc.). I’ve heard of cases in PA (luckily we don’t live there), but what about other states? Also, I’m assuming if things go south at the end they can rely on Medicaid for long term care?

like

VTI, VOO, or VTSAX - which do you all prefer and why?

like

Any thoughts on where AMZN will be priced after the Q3 earnings call?

funnylike

What are you doing with the money you are saving right now?

like

If I’m above the Roth income limit, can I do back door Roth for my Roth IRA and mega back door Roth for my Roth 401k? And does back door Roth count against contribution limit for mega back door?

like

What are your favorite personal finance books? I just read Rich Habits and really liked it. I am also reading the Psychology of Money. Looking to read some more!

like

Well. ARKK is back.

likefunny

Any thoughts on zero cost fidelity funds. Any you like?

like

What does a single family house (with basement) home owner insurance costs. Just looking for a range. Looking for a ballpark.

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Send download link to your phone

OR

Scan your QR code to download
Fishbowl app on your mobile

By continuing you agree to Terms of Use and Privacy Policy.

Messaging rates may apply

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal