Liz Weston

Okay, so you have to keep good records, but you generally don't have to worry about having a balance in an HSA at the end of the year.

Okay, so you have to keep good records, but you generally don't have to worry about having a balance in an HSA at the end of the year.

Okay, so you have to keep good records, but you generally don't have to worry about having a balance in an HSA at the end of the year.

Okay, good. Tina, thanks again for joining us. We really appreciate it.

Okay, good. Tina, thanks again for joining us. We really appreciate it.

Okay, good. Tina, thanks again for joining us. We really appreciate it.

So Sean, are you an HSA or an FSA kind of person?

So Sean, are you an HSA or an FSA kind of person?

So Sean, are you an HSA or an FSA kind of person?

I've been both, but our family occupies that middle ground where we use a fair amount of healthcare, but really not enough to where the math makes sense for a high deductible plan. I miss being able to stuff money into that triple tax advantaged account, but a lower deductible plan with an FSA really is a better fit for us.

I've been both, but our family occupies that middle ground where we use a fair amount of healthcare, but really not enough to where the math makes sense for a high deductible plan. I miss being able to stuff money into that triple tax advantaged account, but a lower deductible plan with an FSA really is a better fit for us.

I've been both, but our family occupies that middle ground where we use a fair amount of healthcare, but really not enough to where the math makes sense for a high deductible plan. I miss being able to stuff money into that triple tax advantaged account, but a lower deductible plan with an FSA really is a better fit for us.

Well, first of all, networks and plans change. If you don't review them, you may end up with something different, even though you assumed it would be the same. Covered drugs often change as well. And Sean, most of us don't have exactly the same lives we did a year ago.

Well, first of all, networks and plans change. If you don't review them, you may end up with something different, even though you assumed it would be the same. Covered drugs often change as well. And Sean, most of us don't have exactly the same lives we did a year ago.

Well, first of all, networks and plans change. If you don't review them, you may end up with something different, even though you assumed it would be the same. Covered drugs often change as well. And Sean, most of us don't have exactly the same lives we did a year ago.

Our health, our financial circumstances could be completely different or even just mildly different, but enough so that our current plans won't do what we need them to do. So take the time, review your options.

Our health, our financial circumstances could be completely different or even just mildly different, but enough so that our current plans won't do what we need them to do. So take the time, review your options.

Our health, our financial circumstances could be completely different or even just mildly different, but enough so that our current plans won't do what we need them to do. So take the time, review your options.

Then you get to do twice as much math, at least. Yay! Unfortunately, there's no one size fits all advice here either. Maybe one plan is clearly better. So you sign up for that. Or maybe you put the kids on your plan and your partner sticks with their own. Or maybe you don't have a lot of choice. If somebody is on Medicare, for example, they can't add a spouse or dependent.

Then you get to do twice as much math, at least. Yay! Unfortunately, there's no one size fits all advice here either. Maybe one plan is clearly better. So you sign up for that. Or maybe you put the kids on your plan and your partner sticks with their own. Or maybe you don't have a lot of choice. If somebody is on Medicare, for example, they can't add a spouse or dependent.