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solepropquestion OP t1_iy6vbnh wrote

Reply to comment by Werewolfdad in HSA arbitrage opportunity by solepropquestion

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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