Tag: Financial Independance Breaking News

Day job offers 401k. Maxed for ‘23. Salary is 70k. HSA and Roth maxed as well. Also have side business set up as a sole proprietorship in my name that will show $150kish in income. Life partner, unmarried, is full time employee of business - currently paid at $30k/yr. 150k is after her wages. Looks like income will be in that same range next year. She has also fully funded her Roth, but has no other retirement account. We’re looking to maximize retirement savings from this income and minimize tax liability. Doesn’t matter who it ends up with. So, considering options to set up a SEP IRA for both of us, put more on her W2, spend $, etc. but I’m definitely out of my depth for what is best move before year end. Are there tax strategies that I’m not thinking of? One better approach than another? How much can we genuinely expect to stash away with tax benefit? Any advice appreciated. Probably leaving out important info so happy to fill in any holes. Thanks! submitted by /u/pallrnkskkso [link] [comments]

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I'm trying to decide if I am in a position to be bold about moving to a new location without messing up my path to FI. I live and work in a VHCOL as an engineer making $133K. I live with my girlfriend who has a remote job. Neither of us particularly like the area and have a new location in mind. It is a great area for our favorite outdoor activities as well as the industry I'm in. Since she is remote, I'm the one that needs to find a new role. The problem is I'm having an extremely difficult time finding one. I've been applying to roles since April and have gotten two interviews, but no offers yet. It's really starting to weigh on us as we'd like to get going with our lives. She feels bad that I'm under pressure to find a new role, I feel bad for holding us back. It really feels like a waste of time to live where we are. It's getting tough to be patient. As we say on this subreddit, "Build the life you want, and then save for it". Well, I'm trying to build that life right now. How bold can I be? Do I ask to work remotely? Do I quit, move, and find a role there? I'm hoping the reddit hivemind can steer me in the right direction. Personal Stats (not including GF) Age: 29 M Salary: About $108 K post-tax ($133K Gross + $8000 (Match)) Investments: ~$180K across all accounts Cash: ~$20 K (trying to get to $30K or 1 year expenses) Expenses: ~$25-30K submitted by /u/graphing_calculator_ [link] [comments]

Join WSB's community voice chat, every day from 8:30am to whenever! Check out our Earnings Thread and Rules. DM the mod inbox submitted by /u/OPINION_IS_UNPOPULAR [link] [comments]

This post is about what happened the last week (3 days), hopefully you were active in the market, if not, this post won't be useful for you. The explanation of my trades is going to be short and concise, in this case an explanation is kinda necessary given the output of trades and how much long and short positions were intersect ps. I was actively commenting in the daily thread the whole week (as always), someone may remember PRE BATTLE As I've been warning days ago https://www.reddit.com/r/wallstreetbets/comments/16tgffz/comment/k2eym4g/?utm_source=share&utm_medium=web2x&context=3 market was preparing a set up for a pump, why? market depth, momentum and VIX https://preview.redd.it/7ojzvsuhwyrb1.png?width=1793&format=png&auto=webp&s=7d179298e34571717a208594a3d377da1c843e77 blue: SPY Orange: technical market depth = S&P 500 % Stocks above 50ma red: VVIX/VIX ratio white: VIX3m/VIX ratio so after being bearish since the top, I found a few interesting things and that changed my short-term market view, in brief: the market depth (50d) ended at approx 15%, same levels as the banking crisis and 2022 first legdown Apr-Jun, 200d is not showed in the chart but has similar paradigm both cases had bullish effect > big buyers stepping in (just short term effect, nothing to do with mid/long term market drivers) 2) VVIX/VIX ratio at same levels as the first correction from the top the implied Vol of Vix is compleley different compared to the 2022 legdowns, not just that, the structured donwtrend of the ratio itself. In my opinion that's a red flag: it signals a different type of legdown, eventually with more momentum rallies... which means we prob won't have a clear downtrend* the market is still overvalued on every total valuation metric, nothing changes my long term bearish view (gonna do a post about that) 3) VIX3m/VIX ratio extremely low approaching SVB crash and Jan levels: VIX always tends to have lower values than its 3 month version, any anomaly in the ratio does not last in normal market scenarios. this was my thesis, theory is easy but going long while the trend was still down is not easy in practice (when it comes to ultra leveraged positions) ​ THE BATTLE Nasdaq trades 27-29 sep pic 0 ps. Every red arrow = short, blue = long, better way to visualize the trades around 150 trades in 3 days, mostly Nasdaq but also /es and a few other tickets I'm not going to expose all trades of course, just the major ones that resulted in approx +120k the aforementioned operations are longs 1 closed at 2 and shorts 3 closed at 4 (pic 0) SEPTEMBER 27 /nq pic A As mentioned before my intention was to go long, also shorted DXY and went long on gold guess what happened: I timed perfecly wrong the first intraday top (1-2) and the market dumped I've opened several long position trying to time the market but at the same time I used every pump to open a hedge, in this case a 100% hedge bc I was already negative Nasdaq kept going down and I closed every long with limited losses (3) but at the same time the hedges became profitable positions, took profit at every level (4) after like 15 attempts to time the market, I did it and we had a crazy pump out of nothing (5) during the mid pump I've added a tranche of hedges to cover my long (6) used RSI 5m and high ADX values to scalp the downside I didn't close the major long position, I was expecting further pump the next day SEPTEMBER 28 /nq pic B GDP and Jobless claims day Nasdaq corrected from the overextension as expected, I used that opportunity to remove all downside hedges (1), also opened a few longs at (2) but closed as soon as Nasdaq reached intraday relative highs I didn't expect a 2nd straight line pump out of nothing 2 days in a row so I wasn't positionated intraday but I still had the major long positions from Sep 27, took profit on them at intraday highs after that, scalped the downside thanks to momentum and VIX chart SEPTEMBER 29 /nq pic C PCE day and JPM collar EU session pumped the US market to crazy levels, also, the market reacted positevely to PCE data Nasdaq ended at both high 1h and 4h RSI values, 4h was a solid level but not extremely overbought (>70 IMO) with that being said, we had an extreme SPX p/c open interest with high put OI SPX 0dte In my experience that means the pump was fake, not the first time this happens Just a few weeks ago we had several days with a set up like that: pump to mess up the unbalanced OI ratio since the majority of SPX options have AM expiration difference was the momentum, this time completely the opposite also, VIX was already -8% at open and despite the first AM pump it didn't move at all, extremely sus (1) It took me so many attempts and losses to build up a serious short at the top bc I was completely unhedged to the upside, which means I had to apply a strict Risk/Reward ratio the patience (and being cautious) always pays: the market dumped as expected, I added more shorts and at the same time hedges (2) (3) to protect the shorts from any JPM collar typical intraday pumps I had small losses on hedges and closed the major short (3) /es all trades I did similar trades on /es too, but smaller positions, reduced output and less bullish took multiple losses on gold and took profit on a few DXY shorts aswell TRADES Major symbols: US500 = SPX futures US100 = Nasdaq futures https://preview.redd.it/g1tvoqsvezrb1.jpg?width=805&format=pjpg&auto=webp&s=199bb55a2fd4d801e016d18f2381b775139243f6 trades in order open > closed https://preview.redd.it/ir8y1wuzzyrb1.jpg?width=1840&format=pjpg&auto=webp&s=da4019a8685300d029ac575fd18e7d3334cda396 ​ https://preview.redd.it/ch2nbb110zrb1.jpg?width=1831&format=pjpg&auto=webp&s=77acc9285484c32fe4fb1c59a64a80a535d3ec0d ​ https://preview.redd.it/0h37ik220zrb1.jpg?width=1833&format=pjpg&auto=webp&s=656e11f3044303e01784256a5905acab8e8a1483 ​ https://preview.redd.it/sb34npz20zrb1.jpg?width=1839&format=pjpg&auto=webp&s=3829033f66bcf10fed9a872243d31a44380f3901 ​ $233k tot ​ https://preview.redd.it/fcpxuq4z4zrb1.jpg?width=768&format=pjpg&auto=webp&s=1ea051cdee6b9cb42ca7e44da2ab94a351bdac16 submitted by /u/_Kenway [link] [comments]

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This just happened 15 minutes ago. $NVAX is now the third covid option and the only protein based vaccine (both Moderna and Pfizer are mRNA). If the US even orders close to the same percentages as Germany, then NVAX should hit prices of maybe $45-$55 within weeks. I'm in for 4000 shares and just bought 11/3 15c calls... I'm literally shaking right now. OMFG LETS GO. Remember this stock hit $250 before, it can easily go $50+ submitted by /u/CEO_VandalayInc [link] [comments]

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Hi community, I’m new to this thread. Thanks for the welcome and insights. Currently, I max out my 401K (Roth) contribution at $22,500 and invest 10% into my organizations ESPP. I have goal to raise this to 15% for my ESPP contribution (the max) during the next offering period. I live in the state of California, so taxes, etc. can be tough, but I’m blessed at 29 y/o with a $185K base, 20% annual bonus, and roughly $80K of RSUs paying out annually. Come a far way from only making $45K when I started working 8 years ago. Recently I learned about the mega backdoor roth (MBDR) and have been working to understand contributions. My organization DOES allow for “after-tax”. Does this have to come out of my paycheck, or can I manually throw money into after tax? In addition, we don’t have an auto trigger for the after tax to roll into the Roth, so it sounds like it would be a manual process for me to call Fidelity and do the rollover into Roth from After-Tax bi-weekly (to not pay any capital gains taxes - immediately transfer), but that I would be able to save the higher $66K annually, minus $22.5K and employer contributions. So an additional ~$30K. Should I be looking to do this given my high income bracket, and state taxes? As a note, I have a brokerage account and HYSA, each with roughly $100K, in addition to around $200K of unpaid rolling quarter RSUs. I’ve been building my brokerage and HYSA up, as I was unaware of the MBDR. Trying to maximize my tax benefits while also learning about FI/RE, which it seems I’ve been financially leaning towards without knowing it. Thanks for any insights! submitted by /u/blondetechboss [link] [comments]

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Look at this bullshit. First time using a stop loss in my life and the stock flys down to my sell price for 1 zepto second then goes back up. submitted by /u/El_HermanoPC [link] [comments]

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Don't be fooled - these big day dips are the big boys dumping. This will continue as some of you already know. submitted by /u/squiblib [link] [comments]

As stated above. I bought puts and they are printing crazy! Do I just take my gains since they will be the only ones I have? Or ride the wave? Its not a whole lot of money but what would you do! Positions are spy 412 put 10/20 submitted by /u/Minimum_Chemical_859 [link] [comments]

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All you need is: self belief waking up at 7AM having a plan sticking to plan not overtrading eat healthy (very important) feel the market, context is everything cut your losers short trend is your friend If you master these basics, you're 99% there submitted by /u/TheUltimateBallR [link] [comments]

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Lost $20k last week and need to make up my losses with this guaranteed play. HOUSE or Homeless this Friday Locked in. submitted by /u/LiquidatedAF [link] [comments]

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Please use this thread to have discussions which you don't feel warrant a new post to the sub. While the Rules for posting questions on the basics of personal finance/investing topics are relaxed a little bit here, the rules against memes/spam/self-promotion/excessive rudeness/politics still apply! Have a look at the FAQ for this subreddit before posting to see if your question is frequently asked. Since this post does tend to get busy, consider sorting the comments by "new" (instead of "best" or "top") to see the newest posts. submitted by /u/AutoModerator [link] [comments]

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My parents paid for both my education and my sister's education, but her college tuition was less than mine by over six figures because of scholarship. After college, I landed a nice job with an annual income of about 200k. A recent job switch will start earning me roughly half a mil before taxes. I have about 550k in networth right now in my mid to late 20s My sister wants to go back to school for a Master's and my parents were going to shoulder the responsibility of paying for her Master's, since she has no savings. After landing the latest job which will net me half a mil a year, I decided that I should help my parents pay for my sister's tuition too. They are not doing bad financially, but paying for her schooling would set back their retirement by a couple of years. As the elder sibling who 1) took more resources from my parents during college 2) am in a financial position to help, I offered to help. To other folks who are trying to reach FI: how should I rationalize something like what I just proposed? I want to contribute about 30k a year. How much am I setting myself back from FI by doing so? Ultimately, I think this is a meaningful enough guesture to my family that to me it's worth the cost, but it's good to put a "number" to that cost, maybe. submitted by /u/No-Philosopher-5522 [link] [comments]

This is your safe place for questions on financial careers, homework problems and finance in general. No question in the finance domain is unwelcome. Replies are expected to be constructive and civil. Any questions about your personal finances belong in r/PersonalFinance, and career-seekers are encouraged to also visit r/FinancialCareers. submitted by /u/AutoModerator [link] [comments]

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Hi! I only recently discovered FIRE and the variations thereof. I'd been adhering to FIRE principles for a long time before learning it had a name and a community behind it. Based on my liquid investments ~$600,000 and my yearly expenses ~$60,000, I expect that I could coast to retirement at age 55 (and perhaps earlier if I get historic market returns (7% real). I'm 30 and feeling good about my progress. That said, it feels like the gap between coastFIRE and full FIRE is big. I'm looking to set some milestones in between to keep me motivated and hitting my savings/investment goals. So I'm here to ask you all: What are the milestones you've created for yourself along the path to FIRE to keep yourself going? Thanks for your input! Edit: grammar and typos submitted by /u/BigLawThroAway [link] [comments]

Admittedly, I sought a sub like this to ask about high-interest savings options from an informed group of like-minded people. After reading a bit, I'm more interested in unbiased feedback on my plan in general. Backstory: I grew up lower class and then had a child in my teens. This made me into a major penny-pincher, i.e. I STILL get upset about grocery trips >$100/week. Found Dave Ramsey shortly after and have tried to follow FPU closely for ~12 years now. Partner and I bought a house and flipped it, now living in our "forever" home (mortgage ~3%). It came with a pole barn, which I transformed into an apartment with the help of a builder friend to do so cost-effectively. This was paid for via HELoan (~5%). That brings us current... Because of my difficult childhood and now watching both my parents (long divorced, both now single) struggle, my biggest goal is to pay off both mortgages as fast as possible. My thinking is such that, if I have no mortgage, my cost of living is very minimal and could be sustained almost indefinitely with just rental income (not the plan, just an option). We've managed to save up $40k since last year with goal #1 to pay off the HELoan. I'm saving the money in a plain old savings account at my bank for 2 reasons: first, partner and I both drive beater cars that are on their last leg. I don't expect either vehicle to last more than 3-5 years. I like the flexibility of knowing I could go get a used one with cash at a moment's notice. Second, my oldest will be driving soon and need a vehicle of their own, so that is ~1 year goal. This savings is also our emergency fund, but the idea was that once we have enough to pay off the HELoan ($60k) and then some, we would do so and then snowball that payment back into our savings and continue toward the mortgage. We're intermittently skipping IRA contributions to add more to savings just to get rid of the mortgage and HELoan. Admittedly, I KNOW this is a poor approach when I could be investing much more. This is an emotion-driven approach based on my lived experiences and I embrace that. Some figures down below...any and all feedback is welcome and appreciated. HELoan Balance: $60k Mortgage Balance: $130k Household NET income: $120k Total retirement savings: $200k + partner's pension (we don't know anything about the pension, details are hard to get from HR) Age: both mid-30's No non-mortgage debt Cash savings: $40k, adding $3-4k/month submitted by /u/throwaway84277 [link] [comments]

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Have any early retirees used a non-ACA healthcare plan? Philadelphia is the most common one I have seen, but I never got a clear idea of what they did and did not cover. I have a moderate use of mine (mainly physical therapy). I don't mind paying out of pocket if I am saving enough on a premium anyhow. Really, if I had to choose, I would get a healthcare plan that would just cover emergencies and unexpected big costs (cancer, car accident, etc) and leave me to cover the maintenance stuff. submitted by /u/Kidogo80 [link] [comments]

Here is 4.3 in light mode and 4.3 in dark mode Edit: 4.3 in light mode PNG and 4.3 in dark mode PNG Please read the flow chart entirely before commenting since some Redditors have been commenting or PMing of missing items; sometimes it’s just buried deep. Please provide constructive criticism where I will evaluate for the next version; please be as specific as you can (i.e., In section 4, after the X block, you should include…). If you provide details on what exactly you’d like changed and provide justification, that can be sufficient to persuade me. Please keep in mind that this is geared towards the United States. While I am aware that some other flow charts exist for other countries, I do not know where all of them are or what the latest ones. If there are folks that would like to make their own flow chart, I am happy to provide the template. Change Log In Section 1, I’ve highlighted “HYSA” with minor additional statements In Section 4, changed the income ranges and added a statement of where the ranges come from for future readers. In Section 4, I’ve also added a “beginners” box In Section 5, I’ve added USA SECURE 2.0 box In Section 5, I’ve added a special consideration for those that are unable to max out both employer tax advantage account and IRA pm Provided a Dark Mode as well Version History; for those interested. Version 1.0 Version 1.1 Version 1.2 Version 1.3 Version 2.0 Version 3.0 Version 3.1 Version 4.0 Version 4.1 Version 4.2 submitted by /u/happyasianpanda [link] [comments]

Please use this thread to have discussions which you don't feel warrant a new post to the sub. While the Rules for posting questions on the basics of personal finance/investing topics are relaxed a little bit here, the rules against memes/spam/self-promotion/excessive rudeness/politics still apply! Have a look at the FAQ for this subreddit before posting to see if your question is frequently asked. Since this post does tend to get busy, consider sorting the comments by "new" (instead of "best" or "top") to see the newest posts. submitted by /u/AutoModerator [link] [comments]

Someone FI related. If you as a couple make 300k would you use a 529 plan for kids college? Spouse thinks there is a better way to “hide” the $ so likes can get scholarships etc. TIA! submitted by /u/Canyoubeliezeit [link] [comments]

Hi, im pretty new to FIRE and finance. I was hoping for a financial check in. Im a 25 year old single female, living in the San Francisco Bay Area working as a nurse. I just recently got a new job with a base pay of $144,000 annually ($88.00 an hour). This number will go up with union negotiatons and any overtime I do. My job does offer a pension after 5 years, which I am planning on staying for that. Not sure what that number will be. All I know is the pension will improve the longer I stay. If I stay 15 years, they do offer free healthcare costs in retirement. My primary short-term goal right now is to buy a house. Long-term, I am hoping to go into a less stressful career that pays less and/or more ideally not work at all. I am currently renting for about $1,450/mo. What is the best way to buy a house at this time within 5-7 years? Save the money in cash or invest it? Houses here are over a million dollars which is discouraging. I have recently just starting putting most of my disposable income into a downpayment savings cash account. Currently I have: @ 52k in cash (16k is my down payment cash savings) @ 96k in a brokerage account (mainly invested in VOO) @ 20k in a Betterment General Investment account (not sure what to do with this money if anyone has any ideas, please let me know) @ 19k in a Roth IRA @ 33k in a Traditional Rollover IRA from previous employer @ 4k in a new Traditional 401k from my new job -no debt. I have maxed out my ROTH IRA for this year and am trying to max out my 401k for this year. Would appreciate any advice. Thank you so much for taking the time to read 😊 submitted by /u/Outrageous-Pickle696 [link] [comments]

Hi friends, My husband (39) works a remote job that is very flexible and comes with basically zero stress. He can work from anywhere. I (35) work an in-office job that is high stress. I make a lot of money (Base comp is great, and I receive stocks and bonuses 1-2x a year) and "enjoy" working but am looking forward to the idea of doing Barista FIRE in hopefully the next few years. We have a daughter (2.5 years) and may or may not have another child. We live in Austin, TX and are eager to move after I quit my current job. Our main motivation to move is that we want a different lifestyle--Austin isn't exactly the best city for those who wish to spend a lot of time outside year round. We have plenty of other reasons to move, which I won't go into here (BTW, Austin is a WONDERFUL city for a lot of people, I was born and raised here, it's just not "me" anymore). My question, is for those who have left the city you FIRE'd from, permanently or temporarily, what were all your considerations regarding where to go? I am making a spreadsheet and want it to be very robust to help us narrow down what feels like a very sizable list of cities and states. There are some things that are obvious for us, like...what is the weather like, how lush/green is it, what is the COL, are quality grocery stores available, etc. But there are things I know I am not thinking of, and I'd love to hear that from you. PS: Also open to hearing about cities you love, and why! That isn't the purpose of this post BUT I'm interested. TL;DR: What are all the things a young family of 3 should consider when moving to another place after FIRE-ing? submitted by /u/lanez0r [link] [comments]

I'm about to hit the last major milestone before I hit FI. Curious on how folks have celebrated their major milestones. Especially ones that delivered more value than expected. I do travel a good amount already so would be interested in unique travel experiences. So far I'm thinking of - 3 michelin star meal, or a lovely ceramic bowl from local artist. submitted by /u/JoshRTU [link] [comments]

Has anyone done the analysis of SWR based on portfolio earnings? For example, you can spend 75% of your portfolio's initial earnings adjusted for inflation. So if you have a $1mm portfolio with a PE of 25, the earnings are $40k, and the safe withdrawal level you can adjust for inflation is $30k. It seems like this would give more stable numbers compared to portfolio value especially if you use the 10 year CAPE to smooth out the earnings calculation. ​ submitted by /u/rjdevereux [link] [comments]

Please use this thread to have discussions which you don't feel warrant a new post to the sub. While the Rules for posting questions on the basics of personal finance/investing topics are relaxed a little bit here, the rules against memes/spam/self-promotion/excessive rudeness/politics still apply! Have a look at the FAQ for this subreddit before posting to see if your question is frequently asked. Since this post does tend to get busy, consider sorting the comments by "new" (instead of "best" or "top") to see the newest posts. submitted by /u/AutoModerator [link] [comments]

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Does anyone know how to find out approximately how much one should expect to be paid from Social Secuirty in the US? From their website they give me an estimate but it assumes I’ll work until 65. I’m trying to find out a better estimated assuming I only put in what I have up to this point. submitted by /u/jjmmzz [link] [comments]

I'm interested to hear how many people in this community, with kids, are working toward financial independence with a single income. Why did your family make this decision, how long have you been doing it, and how's it going? Happy to hear from those bringing in $250k per year, but I'm particularly interested to hear from those doing this on a more modest income. submitted by /u/InSalehWeTrust [link] [comments]

It occurs to me that the best tax strategy may be to change houses and "upsize" as soon as equity grows to $500k (or whatever the capital gains exclusion cap is). Of course, sounds like kind of a pain too. Anyone use this strategy? *Edit typo submitted by /u/TacomaGuy89 [link] [comments]

Does anybody actually care what economic grandma has to say anymore? submitted by /u/_mattske [link] [comments]

FYI, there's a bill that just passed a House Committee to pretty much double HSA contribution limits. If passed, would this change your investing calculus? ​ Changes in HSA Modernization Act (H.R. 5687) Contribution limit boosted. In what might be the most significant change from the two bills is a provision in H.R. 5687 to increase the HSA contribution limit to equal the sum of the annual deductible and out-of-pocket limitation permitted under a high deductible health plan (HDHP). For instance, in 2023, the basic limit on annual contributions that can be made to an HSA is $3,850 in the case of self-only coverage and $7,750 in the case of family coverage. Under the proposal, the basic limit for 2023 would be $7,500 for self-only coverage and $15,000 in the case of family coverage. In addition, as under present law, the basic contribution limit is increased by $1,000 for an eligible individual who has attained age 55 by the end of the tax year. The proposal would be effective for tax years beginning after 2025. The Joint Committee on Taxation estimates that this provision alone would cost an estimated $44 billion over 10 years. Spouses permitted to contribute “catch-up” funds into the same HSA. Another key provision in H.R. 5687 is to allow both spouses to make catch-up contributions to the same HSA. Under the proposal, if both spouses are eligible for catch-up contributions and either one has family coverage under a HDHP, the annual contribution limit that can be allocated between them includes the catch-up contribution amounts of both spouses. Thus, for example, the spouses may agree to have their combined basic and catch-up contribution amounts allocated to one spouse to be contributed to that spouse’s HSA. The proposal would also be effective for tax years beginning after 2025. Changes in Bipartisan HSA Improvement Act (H.R. 5688) Contributions permitted if spouse has health FSA. Under this change, contributions could be made to an HSA if the individual’s spouse also has a health flexible spending arrangement (FSA). As such, for purposes of determining whether an individual is eligible to contribute to an HSA, coverage under the employee’s spouse’s health FSA would be disregarded. To qualify, the aggregate reimbursements under the health FSA for the plan year must not exceed the aggregate expenses that would be eligible for reimbursement under the FSA if the expenses were determined without regard to any expenses paid or incurred with respect to the otherwise HSA-eligible individual. FSA and HRA conversions to fund HSAs. In addition, H.R. 5688 would permit certain amounts in a health FSA or health reimbursement arrangement (HRA) to be rolled over into an HSA. This provision apparently would resurrect a provision from the Health Opportunity Empowerment Act of 2006 that expired in 2012. Under the proposal, a distribution from an employee’s health FSA or HRA contributed directly to an employee’s HSA would be considered a “qualified HSA distribution” also provided certain conditions are met. The aggregate amount of qualified HSA distributions may not exceed the total annual limit on FSA contributions ($3,050 in 2023) or twice this amount in the case of an eligible individual who has family coverage under a high deductible health https://www.napa-net.org/news-info/daily-news/house-lawmakers-approve-legislation-dramatically-expand-hsa-limits submitted by /u/renegadecause [link] [comments]