Submitted by solepropquestion t3_z7hw91 in personalfinance
Werewolfdad t1_iy6vr97 wrote
Reply to comment by solepropquestion in HSA arbitrage opportunity by solepropquestion
> 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
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.
Werewolfdad t1_iy8cniq wrote
That's also a possibility. 401(h) is quite rare. Shoutout to /u/HandyManPat coming through clutch
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