I’m assuming you’re talking about non-employee sponsored HSA accounts in #5, right? The one I have with my employer is use it or lose it. But you mentioned that you could build up this savings over your lifetime.
You are probably thinking of FSA (Flexible Spending Accounts). Those are use it or lose it. HSA (Health Savings Accounts) can be carried over and invested.
Guys you can have all the accounts your heart desires but if you don’t have any cash in them you don’t get any benefits. You’ll prob be charged with account and bank fees if you don’t read carefully.
Great video Rich!!!! Glad to see you back putting videos in rotation again.
Thanks Big Sean!! Appreciate it!
Thank you for uploading such awesome videos
Thank you!!
Well I got 4/5, not to bad.
Which one u missing the HSA?
Same. I’m missing the high yield savings
I’m assuming you’re talking about non-employee sponsored HSA accounts in #5, right? The one I have with my employer is use it or lose it. But you mentioned that you could build up this savings over your lifetime.
You are probably thinking of FSA (Flexible Spending Accounts). Those are use it or lose it. HSA (Health Savings Accounts) can be carried over and invested.
@@SchoolofPersonalFinance Got it. Thanks.
Yo man love your videos how can i connect with you?
Rich@schoolofpersonalfinance.com
@@SchoolofPersonalFinance dropped you a mail now waiting for your reply
Guys you can have all the accounts your heart desires but if you don’t have any cash in them you don’t get any benefits. You’ll prob be charged with account and bank fees if you don’t read carefully.
Why would anyone open an account if they don’t have any money to fund it? Did I say they should do so?