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Comment by bingidingi | Hacker News Reader

Holy shit, $500 a year for health insurance? I pay twice that a month and don't even get an HSA option.

Seems weird to put so much into retirement funds if your plan is to retire in your 30s, the penalties of touching that before 60 are pretty substantial.

I suspect there's some sort of inheritance of property or something they're not disclosing.

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No, It's $500 + $6,450 so $580 a month plus an unspecified employer contribution. Because it is a HDHP with an HSA though they are incentivized to keep their costs in check and anything they don't spend of the $6k gets rolled over to the next year and once you hit retirement if you have a surplus at retirement age you can use the money like an IRA.

Wow... maybe I should find a different job with better insurance. I pay ~$12,000 a year for premiums, have an $8k deductible, and don't get an HSA.

If that's a PPO, yeah that's kinda atrocious.

As long as Congress, in its great wisdom, makes health benefits correlated to employment, then yes, job shopping for better health plans is a thing.

Not sure where you live but that is a rip off. You can get a better plan than that in the private market in my state.

I'm assuming he's planning on getting the money out of the 401k via a backdoor Roth IRA ladder. It's fairly common for people doing FIRE.

HSA has nothing to do with the quality of the insurance plan btw. HSAs are only available in conjunction with HDHP (High Deductible Health Plan). Typically, HDHPs are Bronze level plans that don’t provide a good coverage (which is why HSAs are allowed to supplement such plans).

I guess I'm just lucky; my plan has a high premium, high deductible, and no HSA.

The author is a federal employee which does help a lot

if the author were a federal employee, they would have a thrift savings plan; not a 401k and a 457. I'm surprised they have a 401k vs a 403b.

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