Catching Up to FI Maximizing HSAs Part 2: Devising Drawdowns, Badass Scenarios & Listener Questions | Jeff York | 99
In the second episode of this special two-part series we continue with our deep dive conversation about Health Savings Accounts (HSAs) with Bill and Jackie, and guest co-host, Jeff York (also known as the Wealthy Custodian from episode 74 & 76). We break down in-depth scenarios, including unique contribution rules for domestic partners and adult children, investment strategies, drawdown plans and estate planning considerations. We answer listener questions and share our wish list for HSAs in the future.
For this episode we are providing a formal presentation here:
Thank you to our sponsors:
Abundo Wealth: Advice-Only Financial Planning for Everyone
DeleteMe: Your personal data is yours again
Personal Finance Club: Use code CUTOFI to get $30 OFF any course or PFC investing course only
Nectarine: Advice-Only Financial Advisors (Catching Up to FI will be compensated by Nectarine if you use our affiliate link, which creates an incentive and conflict of interest. We are not current clients or employees of Nectarine.)
Boston Institute of Finance Personal Growth Track: Enter code catchingup to get 5% off any “Personal Growth Track” course or package
Resources mentioned on the show: (As an Amazon Associate, I earn from qualifying purchases.)
HSA Rules and Regulations (IRS Pub#969)
Qualified Medical/Dental/Vision Expenses (IRS Pub#502)
Preventive Care and Chronic Conditions (IRS Notice)
Morningstar / Best HSA Providers
Kitces / HSA ‘Deathbed Drawdown’
Wex Health / HDHP with HSA vs. traditional health plan calculator
Consumer Friendly List of HSA-Eligible expenses
🕒 Time stamps:
00:00 Introduction to HSA Series Part Two
00:23 Maximizing HSA Contributions for Families
02:34 Drawdown Strategies for Health Savings Accounts
06:59 Planning for HSA Beneficiaries
14:55 Case Study: Domestic Partners and HSA Contributions
20:06 Q&A Session: HSA Myths, Tips, and Tricks
28:17 Evaluating HSA Options for Chronic Conditions
28:53 Financial Considerations for High Deductible Plans
29:54 Using Calculators to Compare Health Plans
31:25 HSA Contributions and Family Plans
33:18 Maximizing HSA Benefits and Investment Strategies
43:54 Legislative Changes and Future of HSAs
47:57 HSAs for Late Starters in Financial Independence
53:01 Conclusion and Final Thoughts
Disclaimer: Our content is for general education and information purposes only. We are not providing financial, legal, or tax advice. Always do your own research or consult a professional before making important decisions.