ByteOnBikes@slrpnk.net to Mildly Infuriating@lemmy.worldEnglish · 4 days agoThere is a fee to close my HSA accountslrpnk.netimagemessage-square85fedilinkarrow-up1419arrow-down17
arrow-up1412arrow-down1imageThere is a fee to close my HSA accountslrpnk.netByteOnBikes@slrpnk.net to Mildly Infuriating@lemmy.worldEnglish · 4 days agomessage-square85fedilink
minus-squaretburkhol@lemmy.worldlinkfedilinkEnglisharrow-up6·3 days agoOnce you hit 65, you can withdraw HSA funds for any purpose, tax free, like a Roth IRA. 401k withdrawals will be taxed as ordinary income, so an HSA dollar is worth about $1.20 in a 401k.
Once you hit 65, you can withdraw HSA funds for any purpose, tax free, like a Roth IRA. 401k withdrawals will be taxed as ordinary income, so an HSA dollar is worth about $1.20 in a 401k.