If you have an HSA (Health Savings Account), you know the great value is that you can use funds from the account Tax-Free to pay for medical expenses. Unfortunately like most government created financial instruments, there is a limit on how munch you can contribute to the account each year. But even with a contribution limit, Employee Benefit Research Institute (EBRI) reports that in 2017 only 13% of all HSA accounts were fully funded and 36% of HSA accounts were not funded at all. Typically, the reason accounts are not fully funded is the owner is either not educated on how the accounts work; or they do not have the cash flow/income to make the contribution. So, there is a strategy that most people do not know about, where you can take dollars from your IRA and move them to your HSA. And most importantly you pay no tax or penalty to do this. It is called a QHFD (Qualified ...
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