Oh sh!t never mind. I guess you have to be in a plan with a high deductible for you to qualify.
“An HSA qualified health plan is a health insurance plan with a minimum deductible of $1,150 (single coverage), or $2,300 (family coverage). Maximum annual in-network out-of-pocket expenses are $5,800 (single coverage) or $11,600 (family coverage).”
Second question…Anyone know what happens if you originally qualified because you were in a high deductible plan and than were able to obtain health coverage that wasn’t considered “high”? What happens to your HSA account.
Just trying to do some retirement planning in about 30 years from today. 🙂
This sort of sucks. I wish the U.S. had some tax-advantaged ways to accumulate $$$ for future medical expenses that you could carry around regardless of which employer(s) you are at.
