Health Savings Account-Health Savings Account Info

JackRoyerton asked: I have a few questions concerning Form 8889.
1. If I have my employer subtract $10.00 from each of my paychecks to invest in my HSA, can I deduct $260 on line 2 of this form? My employer’s contribution is $1000, and I listed this in line 9 of the form.
2. I received [...]

B C asked: My employer is talking about going to a Health Saving Account system with a high deductable, and getting enough money to meet that deductable in a reasonable time worries me, should it?Kirsten Fennessey

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DJP asked: Can I use money in my HSA for medical care I receive outside the US?
Thanks.Wiley Reye

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tetris asked: I am overweight and I need to lose few pounds, can I pay my Gym membership from my HSA ? do I need something written from my doctor as a proof?Randall Williams

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Robert W asked: I’ve already chosen a good insurance plan, but now I have to choose a good bank along with investment choices for the savings side of things. I’ve looked at Chase and Well’s Fargo. Both charge monthly maintence fees of up to $6 per month if you want to have mutual funds in [...]

What the fu– asked: So, if we go with an HSA, we’ll have a $2600 deductible, $6000 out of pocket maximum and a monthly premium rate of $557. I am an idiot about this stuff–I admit it! So, do we pay that ridiculous amout of 557 a month AND pay full price for [...]

Number 14 asked: I see that there is “Line 25, Form 8889″ Health Savings Account, can I deduct the $520 that I set aside from my paycheck on that line?Dennis Loughran

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GREAT_AMERICAN asked: How to employ market reforms? Here are five simple steps.
* Make health insurance more like other types of insurance. Health savings accounts, which passed as part of the Medicare reforms of 2003, were an important first step, separating smaller expenses from high-deductible insurance, for catastrophic events. However, the legislation [...]