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Asked 11/7/2007

How much should I contribute to my HSA?

Its open enrollment and I'm doing a high-deductible w/ HSA. Generally, should one max that out or is there a certain amount that would be best to use as an election? I am single and relatively healthy.

Thanks!

 
 
 
 
 
 
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Answer 1/1 - Submitted 11/7/2007

If you have the money and the return on the investment options is reasonable, you might as well max out. HSA money is not lost if unused. You can keep the account after you leave the job or the insurance. You have your whole life to run up enough health care bills to use the money in the HSA.

 
 
 
 

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