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To: Kansas58
... I can roll the balance to an IRA, under current law- You can also, under current law, pay for Long Term Care insurance, I believe, out of an HSA.

this part I didn't know.

6 posted on 10/29/2009 10:26:22 AM PDT by WOBBLY BOB (ACORN:American Corruption for Obama Right Now)
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To: WOBBLY BOB
Double check on that one, please, but I do know people who are doing it.
I am not telling you it is ok, I am telling you that I have seen no prohibition.
However, you can NOT pay for Medicare Parts A, B, C or D out of an HSA.
Also, you can NOT pay for a Medicare Supplement out of an HSA.
Someone who should know told me that you COULD pay for LTC insurance, but I never got the paperwork documentation on the issue.
8 posted on 10/29/2009 11:09:30 AM PDT by Kansas58
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