Feds give guidance on health savings

Sharpie · 07-25-2004

I don't really know why they bothered! The critics complain that you have to have a !,000 or more deductible, health plan to qualify. That is all they are critisizing? Hell, mine is $2,500 deductible and still has been raised to $750 a month for just me - and it doesn't cover shit.

How wonderful, I can put $2,500 in the bank and my pitiful dab of interest is not taxable.... wow! I don't really know how much you can put into the plan, but the benefit is not worth tying up your money for, unless you can afford to put in a lot and leave it there for years. I certainly don't know how this helps low and middle income families. Looks more like another loop hole for the rich to stash some money away and not pay taxes on the interest. Can't figure out anything else????

Am I missing something here? Did I read the information wrong?

07-25-2004	#1
Sharpie Members Join Date: Oct 2002 Posts: 747	I don't really know why they bothered! The critics complain that you have to have a !,000 or more deductible, health plan to qualify. That is all they are critisizing? Hell, mine is $2,500 deductible and still has been raised to $750 a month for just me - and it doesn't cover shit. How wonderful, I can put $2,500 in the bank and my pitiful dab of interest is not taxable.... wow! I don't really know how much you can put into the plan, but the benefit is not worth tying up your money for, unless you can afford to put in a lot and leave it there for years. I certainly don't know how this helps low and middle income families. Looks more like another loop hole for the rich to stash some money away and not pay taxes on the interest. Can't figure out anything else???? Am I missing something here? Did I read the information wrong?