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I'm an independent, which means I debate issues, not ideologies. You're free to place me anywhere you want on the political spectrum. Makes no difference to me.
When the issue is health care this is not about ideology for me. It is about my money. That is the point I am debating and it is the reason why Petch and others like myself get angry.
So couple of things, I think I see why you have a problem, You both aren't under the same family coverage anymore you both went with separate plans correct? Most likely through employers at a guess. Or you thought this would be cheaper. This was your mistake. Seriously if this is significant money you should not have separated out your health care coverage to individual plans.
Yes when you do your insurance this way thats the issue, the HSA's need to be separate when the insurance is seperate, this is true for everyone. Nothing to do with Obamacare, you're bitching about a regular fact of life.
What prevents you from taking a distribution from the currently joint HSA, and then immediately putting it in your HSA as a rollover?
First, it is not through an employer. Second, since our deductibles doubled under Obamacare it made sense to split into separate accounts, just the way it is written and if one gets sick how the deductible is met. So I did ask if I could move my contribution over to a new HSA which I was told yes but just ASSumed that I could "roll" my contribution over to my HSA without it being considered a distribution. That turns out to be wrong. As I said, if I move it, it's a distribution and in my account it's a contribution. So either I take the distribution and forfeit being able to contribute to my own HSA account this year or I start out at $0.00
Quote:
Originally Posted by greywar
What prevents you from taking a distribution from the currently joint HSA, and then immediately putting it in your HSA as a rollover?
Yes you would think huh? and this was the plan. But nope, in all those pages they didn't put a roll over clause in there allowing this.
My ins hasnt gone up nearly as much since ACA through my employer. I pay about $120 per month as a healthy 30 year old.
How about you hold republicans responsible for fixing healthcare and immigration since they seem to have a strong opinion on both. Or you merely satisfied complaining on an anonymous forum?
The Republicans are not the party responsible for passing Obamacare. And I will happily vote in anyone who can fix this monstrosity. And I was under the impression that we are all anonymously commenting on this forum.
When the issue is health care this is not about ideology for me. It is about my money. That is the point I am debating and it is the reason why Petch and others like myself get angry.
So, you think I should care about your money? Is that what you're asking? And I should also care about your anger issues?
Wasn't there a mid term recently where republicans did well? They can't use that momentum to enact changes......?
The Republicans couldn't find their butts with both hands if you gave them a mirror. And President Obama made it very clear he isn't interested in how the voters voted, only the ones who didn't vote have his ear or some such nonsense.
So, you think I should care about your money? Is that what you're asking? And I should also care about your anger issues?
For someone who claims to be an Independent???? and said they want to debate????? You act more like a bot, who jumps to defend it rather than understand "what was in it" or in this case "what wasn't in it'. Hey at least graywar finally understood the problem but like me thought I could just roll my contributions over.
There's going to be a lot of people who (try to plan for the future) who might have to do this in the future and they are in for a surprise.
So, you think I should care about your money? Is that what you're asking? And I should also care about your anger issues?
No, why should you care about my money? Oh wait...except when it helps pays for some pet project like Obamacare. Anger issues? Did you ever actually debate in college? Or maybe you had trouble in Psychology? Being angry about a particular issue does not denote anger issues.
Last edited by toryturner; 03-31-2015 at 02:22 PM..
For someone who claims to be an Independent???? and said they want to debate?????
Nothing personal, but I find little to debate in this thread. I've debated with you in the past, petch. On one occasion, we were discussing economics, but every other post of yours was a slam on Obama. Not much to debate when the topic is, "I hate Obama."
Quote:
You act more like a bot, who jumps to defend it rather than understand "what was in it" or in this case "what wasn't in it'. Hey at least graywar finally understood the problem but like me thought I could just roll my contributions over.
There's going to be a lot of people who (try to plan for the future) who might have to do this in the future and they are in for a surprise.
First, it is not through an employer. Second, since our deductibles doubled under Obamacare it made sense to split into separate accounts, just the way it is written and if one gets sick how the deductible is met. So I did ask if I could move my contribution over to a new HSA which I was told yes but just ASSumed that I could "roll" my contribution over to my HSA without it being considered a distribution. That turns out to be wrong. As I said, if I move it, it's a distribution and in my account it's a contribution. So either I take the distribution and forfeit being able to contribute to my own HSA account this year or I start out at $0.00
Yes you would think huh? and this was the plan. But nope, in all those pages they didn't put a roll over clause in there allowing this.
Yeah you assumed it, but its not a unreasonable assumption in my opinion. So your problem isn't Obamacare- these laws were in place way way before Obamacare.
Suggestion-ask them about taking a taxable distribution of 2K (or whatever the max yearly contribution is), then within 60 days placing that into your own HSA. You wont start at 0, but rather at the max for the year, and can rebalance that way. Ask them specifically about if that would avoid being taxed on it. I believe it would be, but you should always consult with a professional beforehand.
Also my apologies, this was more complex then I had first assumed.
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