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Inherited IRA Distribution + HSA Contribution = No Taxes?
I inherited a traditional IRA from my grandmother with a few thousand dollars last November. My plan is to make a withdrawal from the Inherited IRA and immediately deposit the proceeds in my HSA. I figure this way I can avoid paying taxes on the distribution, but have it available for HSA-eligible expenses if needed. Does this makes sense?
‎December 8, 2019
6:17 PM