IRA and 401K limits increase for 2019

Discussion in 'Finance, Investments, and Careers' started by Zeno, Nov 3, 2018.

  1. Ouchie-Z-Clown

    Ouchie-Z-Clown I'm better than Mulli!

    Age:
    49
    Posts:
    18,899
    Likes Received:
    4,610
    Joined:
    Sep 16, 2002
    Location:
    SoCal
    It’s better than an IRA if you eventually take a distribution in retirement for medical reasons - you’ll have never paid taxes!!!
     
  2. iLLmatiC

    iLLmatiC Drive-by Poster

    Age:
    36
    Posts:
    4,307
    Likes Received:
    2,053
    Joined:
    Jul 4, 2004
    Location:
    Gilbert, AZ
    Yeah I've just started using my HSA account as another investment tool.
     
  3. Ouchie-Z-Clown

    Ouchie-Z-Clown I'm better than Mulli!

    Age:
    49
    Posts:
    18,899
    Likes Received:
    4,610
    Joined:
    Sep 16, 2002
    Location:
    SoCal
    And you’re still ahead of likely 98-99% of Americans in doing so.
     
  4. AZCB34

    AZCB34 Registered User

    Age:
    51
    Posts:
    8,824
    Likes Received:
    542
    Joined:
    Sep 23, 2002
    Location:
    Mesa, AZ
    If only a person didn't need a high deductible plan to use one...
     
  5. puckhead

    puckhead Waxing Gibbous Contributor

    Posts:
    6,922
    Likes Received:
    2,516
    Joined:
    Jun 15, 2005
    Location:
    Moment, AZ
    Is there a reason why that is?
     
  6. Ouchie-Z-Clown

    Ouchie-Z-Clown I'm better than Mulli!

    Age:
    49
    Posts:
    18,899
    Likes Received:
    4,610
    Joined:
    Sep 16, 2002
    Location:
    SoCal
    The law. It’s a dumb law imo
     
  7. puckhead

    puckhead Waxing Gibbous Contributor

    Posts:
    6,922
    Likes Received:
    2,516
    Joined:
    Jun 15, 2005
    Location:
    Moment, AZ
    :lol: Thank you. I was trying to figure out why they were attached to each other, if there was a reason the policy was designed that way.
     

Share This Page