219639

Can I deduct payments to my post-tax Retirement Medical Savings Account

I pay (post-tax) into a retirement medical savings account, are any of these payments deductible?

posted

Connect with an expert

1 Best answer

Accepted Solutions

No, RMSAs use post tax money and are not deductible, but they do grow tax free, like a ROTH IRA.

1 Reply

No, RMSAs use post tax money and are not deductible, but they do grow tax free, like a ROTH IRA.

Still have questions?

Questions are answered within a few hours on average.

*Must create login to post

Unlock tailored help options in your account.