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Correct. HSA contributions must be pro-rated by the number of months that you own a HDHP. A full tax year contribution, must accompany 12 months of owning a HDHP health plan.
Ann knows that. It must have been the liquor on thanksgiving
My Preacher has it. He has 6 kids too. Kicking himself he never did it sooner. He's saving the difference from what he was paying for health ins in a 401k. It's definitely a much healthier risk pool. No smoking, drinking, licentious behavior. A letter from a pastor stating that they are active in church etc. Obviously you have to pay out of pocket for dr visits and what not. I have seriously looked into myself. If my wife stays home at some point it would save me more than $15,000 a year.
Can you use the words insure and medishare in the same sentence?
N.A.S.E insured by Mega Life
I moved to Freedom Life, I got a 3 yr rate guarantee, and $0 deductible, and though it's not ACA compliant, I can just mark the box on my taxes that states that "I have insurance", and avoid the penalty.
I've heard it so much, I figured it must be true. So, I jumped right in.