Discussion:IRA transfer to HSA - more info?
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Discussion Forum Index --> Tax Questions --> IRA transfer to HSA - more info?
| 17 January 2007 | |
| Just read that for '07, a tax-free transfer from an IRA to an HSA is allowed - is anyone either well versed on this new ruling or know where I could find more information? Since I have both types of accounts, I'm curious what, if any, options I may have available. Thanks! | |
| 17 January 2007 | |
| heres a link to an article | |
| 17 January 2007 | |
| Tax Relief and Health Care Act of 2006. One time rollover. | |
Death&Taxes (talk|edits) said: | 17 January 2007 |
| I was just going to say, it is not a ruling, it is law! Thanks Solomon, I think this was mentioned several weeks ago just after the New Year turned. | |
| 17 January 2007 | |
| It was mentioned in Tax Hotline - thanks Kevin for the article - after reading, it makes no sense for me to take advantage of it - think I'm not alone in my decision either! | |
Taxguy1024 (talk|edits) said: | 17 January 2007 |
| If you have a new HSA....and you know you have large medical expenses coming up soon...and you need to jump start your funding into your HSA account....then it MIGHT make sense.....somewhat......if that is the ONLY way you could fund it... | |
Bottom Line (talk|edits) said: | 20 January 2007 |
| Kiplinger's Tax Letter is also saying generally no sense to take it. | |
| 1 October 2007 | |
| Reverse question: You can NOT rollover from an HSA to an IRA ? | |
Michaelstar (talk|edits) said: | 1 October 2007 |
| Beware - California does not currently conform to the Federal rules on HSA's. So there can not be a "tax free" transfer to HSA's for state purposes in CA. | |
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