Archive for March, 2006

What’s up with Health Savings Accounts?

Friday, March 24th, 2006

scorpiomaj27 asked: I’ve read the wikipedia, IRS site, etc and still have questions. An answer to even just part would be greatly appreciated:
1. I’ve read the yearly limit is around $2900, is that CONTRIBUTION limit or a BALANCE limit?
2. What is my (essentially) lifetime limit? In other words, if during year [...]

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Should I enroll in a Health Savings Account?

Monday, March 20th, 2006

jaypez77 asked: Right now at work I’m enrolled in an HMO Plan as well as a dental plan. I am a 30 year old single male with no health problems at the moment. I only go to the doctor for a yearly physical, and I go to the dentist twice a year for [...]

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Can I use the money in my Health Savings Account to pay for a first time House?

Sunday, March 12th, 2006

Gman asked: I’m thinking of buying a house in the next year. I still haven’t funded my Health Savings Account yet. If I do, can I use that money to pay for my house without penalty? I know you can do this with an IRA, but what about a health savings account?Dudley [...]

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McCain answer on health care?

Wednesday, March 1st, 2006

IndianaHoosier asked: Q: What would you do to curb the high cost of medical health care & to help those who don’t have health insurance?
A: The real question is: How are we going to keep health care costs down, because we have the highest quality of health care in the world in America today? And [...]

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