16 Responses to “Health Savings Account Check in: How Has It Been Treating Me So Far In 2015?”

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  1. I have an HSA and love it. Mainly because I am fairly healthy. Aside from my annual checkups, I really don’t see the doctor/dentist/etc. When I do, I just use out of pocket money and let my HSA continue to grow. I am going to use the money in the future, allowing it to grow tax free.

    • Travis says:

      I’ve heard of people doing that…..but I got an HSA to help ensure we had funds available when we had health related expenses. Now, I certainly do hope that my contributions are more than my expenses! Thanks for stopping by, Jon!

  2. Good news, Travis! We don’t contribute to an HSA, but Rick’s employer does for us, to the tune of $1200 a year if we add nothing. We generally don’t ever get sick so doc appts are minimal, and the health plan covers preventative both at the primary care doc and at the eye doc, plus some money for contacts/glasses, so we get by pretty cheap unless we have some unexpected something, which doesn’t happen too often.

    • Travis says:

      It’s good that you do have something stashed away in an HSA for those times people do get sick….it will happen eventually, right?

  3. I Love my HSA! Unfortunately, we can no longer contribute to it because we joined a healthcare sharing ministry. The good news is, we have a lot of money built up in there! Hopefully it will continue growing over time if we don’t use it.

    • Travis says:

      I’ve heard of those…and I think I remember reading a post on it…maybe on your site? In any case, I’d be interesting in hearing how that works out for you at the end of the year! Thanks for reading, Holly!

  4. We have an HSA and absolutely love it! We’ve been contributing to it for several years so it’s built up a hefty balance to the point we could increase our deductible. Had to to offset the increase in our health insurance premiums this year.

    • Travis says:

      I hear you, Brian…last year our insurance went up very little. This year it would have been a pretty big chunk. You’d think we would be used to it by now… ๐Ÿ™‚

  5. That’s awesome! I don’t have one but I’m glad to hear it’s saving you money! It seems that everyone who does have one thinks it’s a benefit. I haven’t even looked to see if my HI has it that option.

    • Travis says:

      You should check it out…instead of paying a higher premium you get to put money away in an account for if you have medical expenses. It works well for people with lower medical expenses….but not so good for people who have some health challenges.

  6. Very nice Travis! I love our HSA, especially when you start to look at the tax benefits which is huge since we’re self-employed. I always loved getting the free money from the employer as well throughout the year. Many times it was from something simple like filling out a health survey or something like that. If I can get $100+ for filling out a 10 minute survey then I’m all over it!

    • Travis says:

      I like our employer incentives too…some of them are watching videos – others are activity related (working out 4 times a week for 10 weeks sort of thing). I’m not leaving any money laying on the table!

  7. Kim says:

    That’s awesome that your employer gives you HSA money. I invested our HSA in Vanguard funds last year, and we don’t intend to touch it unless something major happens. Because of the tax advantages, I would max out my HSA before any other investments. I love my HSA and I’ve never heard anyone say negative things about them. I hope the laws don’t change because it’s probably the best deal I have going right now.

  8. One of the problems of working for yourself: no HSA. Granted, I find the whole concept dizzying anyway. But it’d be nice to at least have the option.

    We have a ton of medical expenses, especially this year, so it would be nice to get that tax-free.

    • Travis says:

      That is a bummer for sure, Abigail……although I’m surprised there aren’t any private medical insurance programs with an HSA….

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