- Apr 5, 2002
- 24,326
- 68
- 91
My old employer had High Deductible Health Plan, so they had us set up Health Savings Accounts.
I have $2000 in there, but no longer work for that employer.
I just checked my account and they have been charging me a $3/mo service fee.
They charge $3/mo for balances under $5000!
Since my new employer has regular health insurance, it's not considered a HDHP, so I am not eligible to contribute to a Health Savings Account anymore.
So I am basically forced to use the money on medical expenses (I have none), let it sit and incur $3/mo fee, or withdraw it and take a 20% hit.
</firstworldproblems>
I have $2000 in there, but no longer work for that employer.
I just checked my account and they have been charging me a $3/mo service fee.
They charge $3/mo for balances under $5000!
Since my new employer has regular health insurance, it's not considered a HDHP, so I am not eligible to contribute to a Health Savings Account anymore.
So I am basically forced to use the money on medical expenses (I have none), let it sit and incur $3/mo fee, or withdraw it and take a 20% hit.
</firstworldproblems>