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Matt Breunig on HSA ＆ FSA: The Welfare System Stole $2k From Me (www.youtube.com)

submitted 1 year ago* (last edited 1 year ago) by [email protected] to c/[email protected]

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These US healthcare systems are effectively scams. Yes in theory they can save you money, however in theory there is no difference between theory and practice, while in practice there is.

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[–] [email protected] 6 points 1 year ago

this is ridiculous. hsa funds are used by people of modest means in the year it is taken out. If any is saved its in simple interest or very conservative investments. if you lucky enough to not have health care costs for enough years, then you can start investing like its an ira which it actually is. In retirment it can be used for any purpose.