Just realized today I will add a new retirement account this weekend - how did I lose track of that? Actually I had it since the beginning of the year, it is my Health Savings Account (or HSA). However, I was not allowed to do any investing with it until it reached the $2,000 mark. Well... with my contribution this Friday I will cross that mark. Now that I can do investing, it makes it feel like a real investment account.
Yes, this is supposed to be used for health expenses, but if your expenses are minor you can just pay for them out of pocket and use the HSA as another retirement account, which is my current plan (Note its addition on the left). Yeah, as I am turning 55 this year (ugh) I won't ever get this account to a very high level, but still it helps with my taxes today (saves money on various taxes), and I don't have to worry about spending the money like I did with the Flexible Savings Account I was using previously. Plus, my employer contributes some to it (I got over $700 this year).
Its small, but adding a new account to my list of accounts is cool.
New Retirement Account - Ooooh Yeah
June 21st, 2017 at 08:56 pm
June 21st, 2017 at 11:05 pm 1498086332
June 22nd, 2017 at 10:50 am 1498128623
June 22nd, 2017 at 01:29 pm 1498138156
June 23rd, 2017 at 05:55 pm 1498240534
June 25th, 2017 at 09:06 pm 1498424809
June 25th, 2017 at 10:14 pm 1498428880