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Werewolfdad t1_iy6nuqp wrote

>or am i missing something that blows a hole in the theory?

> When I left that role, it allowed me to start using the funds for health insurance payments and other medical reasons.

What does the medical account cover? It sounds like "other coverage" that could potentially disqualify you from contributing to an HSA

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solepropquestion OP t1_iy6vbnh wrote

Covers medical, prescriptions, dental, vision premiums. also covers co pays, deductibles, coinsurance. it does not provide coverage, only a banked pool of money to reimburse medical expenses from

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Werewolfdad t1_iy6vr97 wrote

> tibles, coinsurance. it does not provide coverage, only a banked pool of money to reimburse medical expenses from

That’s essentially what an fsa does, and an fsa restricts your ability to contribute to an hsa.

I’d really consider consulting with a cpa or other professional before enrolling in an HDHP

Edit: This is a 401(h) plan right? I can’t find an answer either way but would really suggest consulting with a professional

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solepropquestion OP t1_iy8bxx8 wrote

as handymanpat referenced, i'm thinking this is an HRA.. though my side keeps calling it a RMA and saying they are not the same.

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