Thank you, Bill! You read between my words for 80% of the issue. Let me try to get you the next 10%.
We should have thought of this at least one year earlier, due to the difference in our annual enrollment cycles. Now that turbulences in the economy force us to quickly learn and digest all this technical legal info, we have to find how we can get to a workable plan for our future health expenses.
1. I am receiving SSA distribution somewhere in April 2026, an unmovable event. This December open Enroll, I would sign up for Aetna HDHP, so I can open an HSA. But I cannot count on the following year contributions, because I might not have a job after that and am now being restricted for being under Medicare. Unless I keep my job, surviving through a couple more years in this new economy.
2. My wife has not had any health plan since having been covered through my FSA all along. But her annual Open Enrollment is in August, so we'll be paying extra a few months once her HDHP starts then. Her SSA future is at least 6 years away.
3. Is there any requirement for an IRA, to be opened/owned properly so it can be used for funding each HSA? my wife has a SEP and a Contributory (regular) one, but I have only a Deferred Income plan 457b at that point.
So, anything else you come up for that last 10% of my puzzle would be very welcomed!
Thank you again,
-Willis
