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re: HSA was moved and now all in cash- what would you with it?

Posted on 2/22/24 at 4:48 pm to
Posted by Black n Gold
Member since Feb 2009
15409 posts
Posted on 2/22/24 at 4:48 pm to
quote:

I prefer to pay expenses out of pocket and don’t use the HSA funds.


Someone please educate me on the benefit of this approach.
Posted by slackster
Houston
Member since Mar 2009
85136 posts
Posted on 2/22/24 at 4:58 pm to
quote:

Someone please educate me on the benefit of this approach.


Can always request reimbursement down the road, but those funds grow tax deferred until then and can be withdrawn tax free for qualified expenses at any point in the future. It’s beautiful.
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