LTCi and the HSA...


1000 Post Club
Has anyone used the HSA to aid in funding the LTCi Premium? You walk in and the person wants to know how you can help in finding money to pay the LTCi Premium. They have a standard MM Policy at a price tag of 450 dollars monthly, you suggest a HSA with a large deductible and lower it by nearly half at 250 dollars a month, the 200$$$ you found goes into the HSA which in turns help pays for the LTC tax free. Add in the tax advantage of having the LTCi Policy and you have greatly reduce the actual cost of LTCi.