Comments on: HSA Contribution Limits: Health Savings Account Rules http://www.obliviousinvestor.com/hsa-contribution-limits-health-savings-account-rules/ Investing Blog: The Oblivious Investor Tue, 07 Feb 2012 17:04:11 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Barb Friedberg http://www.obliviousinvestor.com/hsa-contribution-limits-health-savings-account-rules/comment-page-1/#comment-5476 Barb Friedberg Mon, 19 Jul 2010 15:29:15 +0000 http://www.obliviousinvestor.com/?p=5803#comment-5476 Hi Mike, Nice simple treatment of an important topic. The timing of the article is good because most "open enrollment periods" regarding employee benefits are coming up in the next few months, and that's when many reevaluate their "benefits-related" activities. You've inspired me to further check out the HSA. Thanks, Barb Hi Mike, Nice simple treatment of an important topic. The timing of the article is good because most “open enrollment periods” regarding employee benefits are coming up in the next few months, and that’s when many reevaluate their “benefits-related” activities. You’ve inspired me to further check out the HSA. Thanks, Barb

]]> By: Mike http://www.obliviousinvestor.com/hsa-contribution-limits-health-savings-account-rules/comment-page-1/#comment-5475 Mike Mon, 19 Jul 2010 13:29:22 +0000 http://www.obliviousinvestor.com/?p=5803#comment-5475 Good question, Mike. The only changes that I've heard of are that, beginning in 2011:<ul> <li>The penalty for nonqualifying distributions will increase from 10% to 20%, and</li> <li>Non-prescription drugs (aside from insulin) will no longer be eligible.</li> </ul> If anybody else is aware of other changes, please feel free to chime in. Good question, Mike.

The only changes that I’ve heard of are that, beginning in 2011:

  • The penalty for nonqualifying distributions will increase from 10% to 20%, and
  • Non-prescription drugs (aside from insulin) will no longer be eligible.

If anybody else is aware of other changes, please feel free to chime in.

]]> By: Mike http://www.obliviousinvestor.com/hsa-contribution-limits-health-savings-account-rules/comment-page-1/#comment-5474 Mike Mon, 19 Jul 2010 13:24:16 +0000 http://www.obliviousinvestor.com/?p=5803#comment-5474 This is an excellent description of my understanding of HSAs from before the health care reform. Do you have any idea how much of this is accurate now? I haven't read a detailed analysis of what impact, if any, the new laws will have on existing or new HSAs. This is an excellent description of my understanding of HSAs from before the health care reform. Do you have any idea how much of this is accurate now? I haven’t read a detailed analysis of what impact, if any, the new laws will have on existing or new HSAs.

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