Comments on: The Question is Contributions to Health Savings Account (HSA)

By: MYMILLIONSITE

MYMILLIONSITE — Sat, 20 Mar 2010 17:46:29 +0000

THIS IS A PETITION TO THE UNITED STATED FEDERAL GOVERNMENT
FOR A INDIVIDUAL OPT OUT REQUEST FOR HEALTH CARE
We The Undersigned Wish To Convey By Their Signatures Below That They Wish To Have The Same Rights Under The Current Health Care Legislation. That Allows The Individual States That If This Would Place An Economic Burden On That State They Have The Option To Opt Out Of This Mandate.
Currently Over 35 Of The 50 States Have Or Will File A Legal Action Against Washington To Claim This Is An Unconstitutional Bill.
If The States Are At 35 against and 15 Not Yet Heard From, It Would Seem That
“We The People” Are More That 51% Against This Health Care Bill.
THIS WOULD BE A CLEAR STATEMENT THAT IF AN UP OR DOWN VOTE WAS HELD TODAY BY THE GENERAL POPULATION OF REGISTERED AMERICAN VOTERS THIS BILL WOULD NOT EVEN SEE THE LIGHT OF DAY AND ANY LEGAL ACTION FILED BY THE INDIVUDAL STATES WOULD NOT EVEN BE REQUIRED.
IF THIS BILL WOULD Place A ADDITIONAL ECONOMIC BURDEN ON THE STATE,
If Would Seem Logical That It Should Also Be AVAILABLE TO THE INDIVIDUAL PERSON AS WELL.
We the Undersigned Wish To Opt Out Of The Average
$12,000.00 Per Year Price Tag
The Current System We Have In Place by Law Already Mandates That Any Hospital Cannot Refuse Medical Treatment to Anyone That Is In Need Currently Any One Who Asks For Help Will Receive It
This Bill Will Be Imposed By A Federal Mandate On Each Man, Woman, Child, And Even Unborn Children That Live In This The United States If This Bill Passes.
That This Mandate Is Actually an Unconstitutional Bill in Many Ways
The Federal Government Does Not Have the Right to Mandate that it’s Citizens Will Have to Purchase a Product Such As Health Insurance Policy.
To Mandate That An Unborn Child Will Have To Purchase This As Well Is The Same Taxation Without Representation.
We As Citizens Are Now Already Over Taxed the Federal Government It Takes the First 4 Months of Our Income
The States Take Another Two Months Of Our Income.
If You Live You Pay Sales Tax on All Purchase’s And Even More On Other Taxes Such As Property Taxes, City Taxes, Cigarettes, Alcohol, Death Taxes, And Soon Even A Carbon Tax On Breathing.
At The Present Time With All Of The Visible Taxes And The Taxes That Are Hidden In Every Item That Is Purchased We Are Taxed At If Not More Than 50% Of Our Income’s An Additional $1000.00 Per Month $12,000.00 For A Federal Health Care Product That Once Implemented Will Only Cover 60% Of Medical Expenses After An Already High Deductable This Will Place A Large Burden On Any If Not All United States Citizen’s.
WE CITIZENS OF THE UNITED STATE RESPECTFULLY REQUEST TO OPT OUT OF THE CURRENT HEALTH CARE BILL
PLEASE COPY THIS AND EMAIL TO ALL OF YOUR CONTACTS THEN ON SUNDAY SEND THIS TO
THE SPEAKER OF THE HOUSE AT: http://www.speaker.gov/contact
THE SENATE ADDRESS PAGE IS AT: http://www.senate.gov/general/contact_information/senators_cfm.cfm
AND THE WHITEHOUSE AT http://www.whitehouse.gov/contact
HTTP://MYMILLIONSITE.COM

By: Donald

Donald — Fri, 13 Mar 2009 16:52:25 +0000

I did a one time IRA to HSA funding in Dec 2008. I am finding the tax reporting for this transfer to be extremely tedious and confusing. The 1099-R from my IRA custodian lists the transfer as a premature distribution (There is no code for a custodian to custodian transfer on the 1099-R). How do you report this without being liable for taxes on the HSA contribution?

By: Travis

Travis — Mon, 09 Feb 2009 18:32:22 +0000

When must an employer fund an employee’s contribution to an HSA. For example; employee payrol deduction occur on the 15th/30th… when must those deductions be funded to the employee’s HSA.

By: Health Talks

Health Talks — Thu, 24 Jul 2008 02:40:36 +0000

Very helpful infos.

-Greg

By: Mike T

Mike T — Tue, 05 Feb 2008 19:41:59 +0000

I agree with Bob. Medical expenses will be much lower if the individuals pay directly to the doctors and hospitals; probably it would cost less than half of what we spend today. Employers may fund HSAs at least partially.

By: Retired

Retired — Tue, 05 Feb 2008 01:39:39 +0000

Good info

By: Bob

Bob — Mon, 02 Apr 2007 18:35:04 +0000

Over a period of time, if medical expenses are low and contributions are made to the HSA, the account can accumulate significant assets that can be used for health care tax free or used for retirement on a tax deferred basis

By: JIM

JIM — Mon, 26 Feb 2007 03:30:07 +0000

Contribution Deadlines
HSA contributions must be made for a specific year on or before the due date (without extensions) for filing tax returns for that year. So, for 2007, contributions must be made on or before April 15, 2008.

THE DEADLINE IS ACTUALLY 4/17/2007