"t s" <tosa68[at]hotmail.com> wrote in message
news:OYTN19qFGHA.2064[at]TK2MSFTNGP09.phx.gbl...
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The gummint's description is a little simpler, but if you the administrator
allows investments, create an investment account.

http://www.treasury.gov/offices/publ...ics.shtml#hsa4 :
How much does an HSA cost?
An HSA is not something you purchase; it’s a savings account into which you
can deposit money on a tax-preferred basis. The only product you purchase
with an HSA is a High Deductible Health Plan, an inexpensive plan that will
cover you should your medical expenses exceed the funds you have in your
HSA.

Thanks, Chris. I may well do that. That's just what I did for my FSA --
simple bank account. But the HSA has fund investment options, so I wanted (I
think) to be able to track that as well, thus my proposed complexity.

So, for investment growth (or un-growth) in the HSA, you'd just see that as
some kind of "value load" (from where?) in your regular account? Or do you
not track the investment portion at all?

BTW, I have three different web sites with three different logins to manage
this HSA (one for investment portion, one for claims on the HSA, one for
debit card), none of which have direct or web downloads into Money.

Thanks again,

-Tony

"Chris Cowles" <spam_magnet[at]remove-me-bellsouth.net> wrote in message
news:eAomjAmFGHA.1100[at]TK2MSFTNGP10.phx.gbl...
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"t s" <tosa68[at]hotmail.com> wrote in message
news:eqblHrhFGHA.916[at]TK2MSFTNGP10.phx.gbl...
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Just treat it like a bank account with deposits (pre-tax paycheck
withholding) and withdrawals (requests for reimbursements). That would be
much simpler. If the debit card provider supports online banking, all the
more reason.

Mine had a debit card but medical expense transactions had to be entered
manually in Money. (Dick and Steve are crying for me now.) Dependent care
reimbursements were direct-deposited to my checking account.
--
Chris Cowles
Gainesville, FL

I have the same issue. Just started an HSA and am wondering how best to set
that up in M06 Deluxe. I'm currently thinking of setting it up as an
investment account -- that's what it is after all. Investment accounts
already have an investment portion and a cash portion. Employer and my
pre-tax contributions flow into the cash portion of the investment account,
which would then result in investment transactions (i.e. buys). I'll need to
manually enter the buys, etc, from my online view of the account. Likewise,
for reimbursement from the HSA, I'd imagine I'll have a sell transaction
from HSA(investment) into HSA(cash), which I could then transfer to my
regular checking/savings account.

Since there is also a debit card associated with the account, I'm not yet
sure if I'll handle that simply through the cash portion of the investmetn
account, or make yet another HSA(debit) account for things to flow through.

But this is all just speculation on my part yet since I don't yet have
transactions to see how it really will be handled (other than my initial
employer contribution).

Any ideas from the experts out there?

-Tony

"Jeffrey A. Kirby" <Jeffrey A. Kirby[at]discussions.microsoft.com> wrote in
message news:1F34315C-0AF4-4791-AD11-771540127AA0[at]microsoft.com...
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"Jeffrey A. Kirby" <Jeffrey A. Kirby[at]discussions.microsoft.com> wrote in
message news:1F34315C-0AF4-4791-AD11-771540127AA0[at]microsoft.com...
- quote -

Assuming SB is sufficiently like Deluxe for this to apply, simply create a
bank account and put it in the budget. Transfer from your paycheck to the
HSA, before taxes. When you get reimbursements from your employer, deposit
them to checking as transfers from the HSA. If you get them on your
paycheck, categorize them as negative expenses on the after-tax tab.

If this is a medical FSA, you can make claims before you actually have
funds. Ignore the deficit. If you terminate with the employer before the end
of the year, you don't have to reimburse it. Record as income. Whether it's
taxable, I haven't a clue.

If you leave money on the table at the end of a tax year, expense it.
--
Chris Cowles
Gainesville, FL

What is the best way to track an HSA (Health Savings Account) in Microsoft
Money 2006 Small Business Edition. This is an account that I have with my
current employer and has the ability to be invested in 5-6 different types of
funds (of my choosing). Can I get someone's suggestion... because it is not
mentioned in the Help file or anywhere within a Google search. I was think
of just setting up a regular savings account, but how do I track employer
contributions as well as tracking the various types of funds (stocks, bonds,
etc) the account can be invested in?

Thank you in advance for your prompt response.