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Hello, my wife and I are expecting a baby this December. Does it make sense to have her go through her employers insurance alone rather than have a family plan with a higher deductible that we are currently on? Or does it end up being the same?
Currently deductible $7200 (family HDP + HSA)
Wife’s deductible if moved alone $2400
First time going through this so I’m trying to see what would work out better at the PwC" class="linkified" target="_blank" rel="nofollow" >end.PwC
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What does Senior Consultant Band 4 mean in EY offer letter ? Is it equal to Assistant Manager or Is it a different level. Earlier I read about Band or Rank 42 and Band or Rank 44. But here in offer letter it is only Band 4. If someone could share some information on what do these bands and rank mean. EY KPMG Deloitte USI Accenture Tata Consultancy
Chief
Because it’s triple-tax advantaged and it’s extremely likely that you’ll have qualified expenses for the full tax benefit.
HSA is the only vehicle (that I’m aware of) in the US tax code that makes money completely free of tax. It’s like a Roth IRA and traditional IRA combined, in that you don’t pay tax on the contributions, nor on the withdrawals, nor on the earnings.
And if you somehow don’t have qualified medical expenses, it just turns into a traditional IRA once you turn 65.
Rising Star
Most HSA administrators make you keep $1k or $2k in cash but after that the rest can be invested
P2, can you open an HSA without an employer plan? If self employed, etc