Health Savings Account-Health Savings Account Info

CapAIM asked:


I’m a 28 year old graduate student, majoring in education. About nine months ago, I was forced to take a what was supposed to be a six month temporary position at an engineering company which I got through an employment agency that has since been extended indefinitely. My primary responsibilities are scanning legal contracts. Work-wise the hours are long and the pay is less than I made than while I was collecting unemployment. One of my co-workers, who has been a temp with the same company for 8 years is also the office brown noser and tattle tale who will do anything to make you look bad to the boss while occasionally taking credit for projects I had completed.

Earning less money has also taken its toll on my finances. Currently I am unable to afford basic necessities such as a car insurance and textbooks. Paying the rent each month has often left my account overdrawn and my savings has dwindled down to a few hundred dollars. I only need one course to graduate but I might not be able to afford it. Recently I was looking into ways in which I could gain classroom experience and obtained a substitute license, which give me some teaching experience and possible even lead to a full-time job. The pay rate would also allow me to quit my job job since I would make double what I make scanning.

Complicating matters were my job, which recently offered me health insurance and my meddlesome and over controlling parents who have advised me to not to quit my job and take the health insurance, even though there’s no way I could possibly afford to do that. They also told me to take a few days off during the week in order to take substitute teaching jobs. Despite repeated attempts to explain the facts to him, even showing them how much I’d be making, they do not consider substitute teaching to be a real job.

After two weeks of attempting to balance a full-time job and substitute teaching, in which I was forced to turn down numerous substitute assignments, I decided to quit my full-time job and turn my attention to substitute teaching. After I told my parents about my decision, they berated and insulted me calling me stupid and selfish for quitting my job. They also have stopped talking to me, and told me not to ask for their help when I was homeless and living on the streets. Was I wrong for quitting my job ?
Hannah, I already have a job on the weekends and I’ve gotten called everyday since I became an substitute, Sometimes I’ve gotten multiple calls in a day.

Sharon

Isabella asked:


My daughter, whom I deeply love, consistently compares herself to wealthy students at her college. I know there are other students who do not come from wealth, but the area we live in is considered wealthy. I am 63 in a month, work full-time, and though my gross pay is okay, my net pay is about 60% less than my gross — many deductions: federal taxes, state taxes, health care (she is under mine, and that is one main reason I am working), pension payments, union dues, dental/vision care, Social Security deductions, and the last two years we had pay CUTS. I only had this job for 11 years, so I am not eligible for enough pension to live on (I am only a clerical worker).
I do try to treat her to things when she visits (she attends a college about 30 miles away), and I hope she knows how much I love her. She received a small scholarship, receives the CalGrant and takes out government loans. I can’t take out loans because I do not earn enough to pay them back — my pay just covers monthly expenses.
I offered $400/month toward her share of rent (she is currently paying $300/month from her loans and part-time Work Study so she has a $700 budget). I will use my tax refund for study abroad.
She focuses on wealthy people and ignores kids who are working part-time, or don’t have rich parents. I happily devoted the last 20 years to her — it hurts when she constantly tells people, or writes she is angry that I don’t have money and she has loans. I got her a full scholarship to study abroad in high school.
I’m really tired, and I can’t seem to explain to a 20-year-old how tiring it is at almost 63. I do absolutely love her, & I try very hard with what I have. She cut me off for a year when she went to college, and I thought I’d never see her again, but now she is “back”. I moved into a mobile home, so that I could stay in the area on my income. She was resentful I had to put a floor down in a room that flooded during the rains and had to be replaced (it was the cheapest laminate there is).
I know she is young, and though I am not wealthy, she does live in a wealthy area and has access to many things here. I feel she is lucky I raised her in a great place, that I am very good at budgeting, and gave her an opportunity to have a better life here (we are from an poor steel mill city).
I don’t know what to say or do. I cannot afford to hand her thousands of dollars, so I try to give her little treats (we went to a hot tub spa last week– only $37) to give her a relaxation break from school. I cook all my own food, shop at all discount places, and my income covers my expenses, but few extras. I have no investments, or even a real savings account. I live month to month but am happy to do what I can.
I am discouraged. I want my daughter to love and respect me, but she says things like I don’t care because I don’t have the money (she seems to forget I am actually eligible for Social Security), and that she is deprived, and other kids have it so good. The reality, to me, is that she goes to a good state college getting a good degree. I know lots of parents who also are clerical workers who do not make much, and their kids took out loans and worked through school — I just do not understand this sense of entitlement and resentment.
Has anyone else gone through something similar? If so, what happened, is your child older and wiser now? How did you handle it? It just hurts so much because I love her, and I know I did the best I could with what I had. I am working until I am at least 67 (God willing) just to give her health insurance and help pay her rent and study abroad. Considering the small amount I take home, and the expenses I have (which are not big compared to most people and I am very frugal), I honestly do not have extra money. I am proud she IS in college, that she did have a study abroad in high school and will have another in college — a degree early in life is an advantage. It’s the resentment thing, and not understanding the financial lack I have. She gets angry if I buy a $5.00 item , or spent money building my own patio ($100 using pavers that I did myself)…I am definitely not extravagant, and I painted all my own rooms, cook my own food, and don’t go out. The only things I do in town are free things — walks along the beach, hikes in the woods, and other simple things.
I am just stumped. I don’t know why she feels deprived or entitled. I did not raise her like that, but her outbursts are usually about me not “having enough money,” to help her through college. She is young, and can easily pay off the gov’t. loans (she has no private loans). It’s a state university, she has a good major (Business), she is bilingual and learning a third language now — she has opportunities. I am old enough to be retired, but I keep working to help her out — but obviously not to the extent that she would like….

Rodrick Yap

Skyl0r asked:


A friend of mine (not me, really lol) has a problem with a mooching mother. He pays for a house for her to live in, because she has health problems, and she won’t get a job because she is “holding out” for disability.

Finally, this is starting to take a toll on my friend. His savings account is running dry (he’s losing money every month). His mom won’t talk to him or anyone else about it, and just gets defensive, cusses everyone out, and ends the conversation by hanging up or leaving whenever it’s brought up.

I know there’s a lot of information missing here, but does anyone have any good general tips?

Kirk Atchity

Rebecca asked:


Hi everyone. I apologise in advance for the length of this post, there is quite a bit of back story that I have to explain in order for you to get a full picture. I really appreciate anyone who is able to read it all and give me some advice. Thank you in advance.

My Aunty is buying a second horse for her daughter. They are due to pick up the horse on the 26th of May and she told me that she has already paid £2,500 of the £4,700 to the current owner. Now, it’s been about 3 months and I knew this would be coming. She asked my younger brother to borrow her £1,500 2 months ago to which he said yes (he has some savings). He told her to take it off him then and there just incase he didn’t have it closer to the time but she refused, said it would be ok and she she’d take it closer to the time.

Recently she rang me up crying saying she was short £400. I said yes, because I find it difficult to say no to her. I have £800 savings and she even pushed for the remainder of it. Why she needs all of this money.. I don’t know.

Now it’s closer to the time. My brother has found himself in difficulty – he is being evicted by his landlord and is having to use what money he has on him to put down a deposit on another house. The rest of his savings are tied up in a special savings account where you need to give 4 months notice to release any of the money. He does have a cheque coming from an insurance company of 1,700 and he was going to use this to lend our Aunty, however, he just recieved notice from the insurance company that the cheque could take up to 30 days to send which would ovbiously make it too late.

So, I recieve another (one of many) hysterical phone calls from my Aunt. Some of things she said disturbed me greatly and this is where my problem lies. She was upset because she said my brother was ignoring her calls, I tried to reasure her and say no, he is probably working but she refused to believe this. She was upset because he had told her that the insurance cheque may not come through in time and that she should start asking around for a back up plan, he’d given her as much time as he could telling her as soon as he found out. She told me “if I didn’t need to borrow money from him I wouldn’t speak to him,” She also said that “if the cheque doesn’t come in time she isn’t going to speak to him ever again,” She somehow thinks that he has done this on purpose and I think it’s disgusting how she would stop speaking to her nephew who is only actually trying to help her.

Before I lent her my £400 she something to me that really upset me. I’m currently going through some health problems and I wanted to admit myself into hospital because it is getting worse but when I told her this and how frightened I was her response was ‘ But how will you be able to give me that money if you’re in hospital?,’

Finally, I have some of my partners savings in my savings account. I have enough to cover the £1,500 if the cheque doesn’t come in time. I can give this to my Aunty and when my brothers cheque comes he can give that straight back to me. The only problem is I know my BF won’t agree to this because he doesn’t agree with her daughter getting so many things and everyone else having to help pay for it. I would have to do it without his knowledge, I don’t really want to do this but my Aunty is actually encouraging it with seemingly no regard for my state of health or the potential damage this could do to my relationship.

My brother (20 years old) and I (25 years old) have gone through a very difficult time loosing our Mother and other family memebers, raising ourselves practically from the ages of 18 and 14. I don’t think my brother deserves this kind of ‘ I won’t speak to you again if this doesn’t work out,’ treatment. What should I do?

I have to add that we all have our suspision that she has her own savings in an account but doesn’t like to use it because she wants people to think she is ‘down and out’. If she does have her own money this will infuriate me greatly.

Lilli Roche

crazyladyandfuntimes asked:


i’m in massage school FT & graduate in a month. my uncle owns half of an exclusive health club & said i could work there when i finish, but i have 2 rent the space out for $400 a month, cuz that’s what everyone else has 2 pay. i even have 2 buy my own sheets!!!

i need some money. i only have a little over 2k in my trust account & i only get $20 a week from my grandparents 4 gas money.

i live with my mom. dad’s paying 4 my school & said he’d pay my car insurance to help out. THAT’S IT!!!! I’m only 18 & he told me that life’s hard, that I can make things work. I told him I have a $400 gas card bill that’s overdue & going to ruin my credit (went on a trip w/my BF & he can’t pay me back). Then my dad asked how i could afford to go to a concert this weekend…. like i’m not supposed to have any fun. he also told me that i could use my trust fund 4 this, when he knows i’m saving it 4 something special. i work PT, go 2 school FT, & do massages on t/side. What can I do?Y is he so mean?

Lisa

A asked:


I’m 19 years old and live with my parents, who have money. They are paying for my car, my education, and my health insurance. But they are the most abusive people in the world…mentally and physically, and I need to get out. I’m running away but need to plan this the right way or it will completely blow up in my face. I need suggestions and I’m scared.

They like to have control over me so have forbid that I go away to any college…I have to commute from home. So my plan right now is to take on more summer hours at work, save money in a a secret bank account, then buy a 1-way ticket to California and attend a community college and get an apartment.

But I’m really sick…I have a life-threatening disease that I’m battling and need constant medical care. I know this sounds crazy but it’s all true. Now I’m terrified that when I run away I wont be able to afford my own healthcare.

I’m terrified of leaving but I can’t stay here…I need to put my foot down and stop taking abuse. Any suggestions would be so great

Allen Lessly

?kittylover? asked:


Hey guys i’m 16 and my dad has been an alcoholic for many years. He always promises me and my brother that he will stop drinking but, he always BREAKS HIS PROMISES. He always come home with his eyes red and he yells at us. Alcohol is very bad for him because he has hypertension. I keep on telling him that it’s very bad for his health and that he can get a heart attack plus he gets high blood pressure.

another thing is that he spends too much money. we’re not that rich so we have to save money. my mom works hard and everything and she tries to save money and since she and my dad have a bank account together he gets money out of there and spends it on crap! i’m sick and tired of my dad he yells too much, he’s always mad, last year he left us and came back after six months not to mention he used to abuse us. I feel like he only cares about himself and my mom said that he was always like this, no wonder. Now that we’re getting our income tax he wants half of the money for himself! seriously? he doesn’t think about us? HIS CHILDREN!

I really don’t know what to do. my mom is crying right now because my dad left with his friends to go out drinking to the club wasting all his money. she’s crying because she thinks he doesn’t pay attetion to us(his kids). What can i do to make my dad change his ways? to get it through his head to become a responsible father?

Brendan

LK asked:


My cousin Ryan got married last year. Eight months into his marriage, my other cousin; Ryan’s brother Jess, moved into Ryan’s apartment with Ryan and his wife because Jess didn’t get along with their step mom and he was just going to live with Ryan until he got on his feet and saved up enough money to get a place of his own (only for two and a half months).

Anyway, this happened a couple months ago. So the question is…Ryan’s wife seemed to be flirting with Jess the whole time he lived with them. Ryan came out of their bedroom where he was playing a computer game and he saw his wife with her head on Jess’ chest and Jess’ arm was around her. As soon as Jess saw Ryan come out, he kind of shrugged Ryan’s wife off of his chest really fast. Another time, Ryan and his wife got in a fight and his wife went to Jess for comfort and Jess would give her a hug and stuff. Also, Ryan said that his wife giggles alot when Jess says something and when Jess moved out and got a place of his own, whenever Jess would call, Ryan would talk to him but all of a sudden his wife would want to talk to him. Ryan said that one time, his wife and Jess were talking on the phone; or more that his wife was talking and Jess was listening; and it had no subject at all. They were basically talking about nothing. His wife was telling Jess about her health and then about her life when she was in high school and after awhile they had been talking for two hours!

Anyway, so that’s basically it. And also; Jess had a girlfriend the whole time he was living with Ryan (he doesn’t have a girlfriend anymore he broke up with her because she cheated on him).

So my question is:
Do you think Ryan’s wife has a thing for Jess?
Do you think Jess kind of likes her? He had a girlfriend at the time and was a lot more cuddly with his girlfriend when she was over so that’s what makes me think he just being nice to Ryan’s wife. But I’m not sure, what do you think?

What’s going on?

Cornell Kondratowicz

jessica s asked:


i havent lived with my parents for nearly two years. im seventeen. since i was a minor at 15, my savings account that i was putting the money from my 3 jobs was legally under my fathers name. he withdrew all $600 and refuses to give it back to me. that was about a year ago. now even though im still under their health issurance and legally still their daughter, i pay for my own expenses, from food, clothing, school supplies, car insurance and payments, to medication and doctors apt.s not covered. while i lived there, they used to kick me out frequently but always begged me to come back. they even tried to sign off custody of me once. money is always an issue for me, im not even going to prom because of it. i receive no money from my parents. do they legally have to give me money to make it on my own? also, with the tax rebate coming up my father will get back at least $300 for having me as his daughter but shouldnt that be mine? is he legally allowed to keep it since im not 18?

Tania Vettel

Adelaido asked:


I’m Mexican, I’m 23 years old and live with my mom who is in her 40′s. We escaped from Mexico to America because my father wanted to kill us because he discovered that We(my mother and I) had a love affair. Before leaving we stole all the money from his savings accounts and we have been supported of that along these years. Here we have decided to live openly as a couple because nobody know us. We are now illegal, but we are struggling to change our identity and obtain U.S. citizenship. Now I have problems with my mom because since I suggested that we should live as a couple asked her children. At firstShe didn’t wanted it because she said me that our children could be born bad but I tried to convince her and She agreed. The first child was born healthy so we decided to have a second child. When our second child was born, the doctors told us that many of his organs had defectus. I don’t know how but my mom is keep him alive. The money of my father is runnig out for this reason. My first child is 5 years old and the second child 3 years old. My mother and me have been suffered a lot about his health. I’ve worked hardly doing anything to keep him alive. But I haven’t been able to keep a job for long time. My mom studied Accounting but She didn’t finish her studies because she had to care about me that’s the reason because she keep her current job and she is almost to obtain the U.S. citizenship.
Before having my second child she and I spent beautiful moments but since my second child was born and We discovered that he is sick and is almost to die anythings are doing very tense and she threatened me that if I don’t get a good job soon she is going to leave me for another and she told me that she is going to throw me out of home because since we have this lifestyle she is no longer considered herself as my mother. She’s still beautiful and many guys who are after her. She has already brought one of their boyfriends to make me jealous. Sometimes I wish never having seduced my mother. I was afraid of going back to mexico because my father I have already asked for help to my father he told me that whereever he meet me he is going to kill me. I don’t want to miss my children even If I miss my mother. Maybe I wish my second son were dead because I don’t believe he’s going to have a normal life and I don’t see that threatment makes him feel better. She is worried about him as me but she desperate and doing her best to make he survive. Sorry because my grammar my mother sometimes is teaching me but I’m a bad student. What do you recommend?

Andreas Rossel