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Retirement tax questions
- Skipped Medicare as I have health coverage under my current employer (more than 200 employees).
- There could be something behind their policy – I’ve reached out to my employer to get clarity. Note the HDHP in 2022 was very similar to the one I had in 2021 with the HSA, so if the 2021 plan was better than Medicare so would have been the 2022 plan. So again, clarity from my employer is needed.
- This seems to be the scenario, and answers to 3 and 4. So it looks as if my contributions were not allowed (whether from me or any other funds). Just interesting that my HSA provider never addressed this from the get-go.
- Will remove the funds from my HSA, since the account appears invalid.
I will also see if my company seems to have made an error, and might opt to allow a change in insurance to an HDHP, if not, then the HSA will be closed, funds removed, and not have to deal this issue in the future.
Appreciate what you have shared.
January 25, 2023
7:21 AM