{"id":12809,"date":"2019-03-12T10:20:12","date_gmt":"2019-03-12T14:20:12","guid":{"rendered":"https:\/\/medicarereport.org\/?p=12809"},"modified":"2019-03-12T10:20:12","modified_gmt":"2019-03-12T14:20:12","slug":"after-age-of-65-the-rules-change-for-hsa-withdrawals","status":"publish","type":"post","link":"https:\/\/medicarereport.org\/?p=12809","title":{"rendered":"After age of 65, the rules change for HSA withdrawals"},"content":{"rendered":"<p>You may be tempted to withdraw money from your health savings account for non-medical expenses before the age of 65, but you will have to pay a 20 percent penalty plus income taxes. However, after age 65, the penalty disappears, and you\u2019ll just have to pay taxes on the withdrawal if you use the money for anything other than eligible medical expenses. Read attached \u201cAsk Kim\u201d column to find out more about making the most of your HSA. <a href=\"https:\/\/www.kiplinger.com\/article\/retirement\/T037-C001-S003-making-the-most-of-a-health-savings-account-age-65.html\">Click here\u2026<\/a><\/p>\n<p><a href=\"https:\/\/medicarereport.org\/wp-content\/uploads\/2017\/10\/dreamstime_m_63354325hsa-health-savings-account-medical-700x464.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-8394\" src=\"https:\/\/medicarereport.org\/wp-content\/uploads\/2017\/10\/dreamstime_m_63354325hsa-health-savings-account-medical-700x464-300x199.jpg\" alt=\"\" width=\"300\" height=\"199\" srcset=\"https:\/\/medicarereport.org\/wp-content\/uploads\/2017\/10\/dreamstime_m_63354325hsa-health-savings-account-medical-700x464-300x199.jpg 300w, https:\/\/medicarereport.org\/wp-content\/uploads\/2017\/10\/dreamstime_m_63354325hsa-health-savings-account-medical-700x464.jpg 700w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<pre>Notice: The link provided above connects readers to the full content of the posted article. The URL (internet address) for this link is valid on the posted date; medicarereport.org cannot guarantee the duration of the link\u2019s validity. Also, the opinions expressed in these postings are the viewpoints of the original source and are not explicitly endorsed by AMAC, Inc.; the AMAC Foundation, Inc.; or medicarereport.org.<\/pre>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>You may be tempted to withdraw money from your health savings account for non-medical expenses before the age of 65,<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18,29],"tags":[],"class_list":["post-12809","post","type-post","status-publish","format-standard","hentry","category-aging","category-hras"],"_links":{"self":[{"href":"https:\/\/medicarereport.org\/index.php?rest_route=\/wp\/v2\/posts\/12809","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/medicarereport.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/medicarereport.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/medicarereport.org\/index.php?rest_route=\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/medicarereport.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12809"}],"version-history":[{"count":1,"href":"https:\/\/medicarereport.org\/index.php?rest_route=\/wp\/v2\/posts\/12809\/revisions"}],"predecessor-version":[{"id":12810,"href":"https:\/\/medicarereport.org\/index.php?rest_route=\/wp\/v2\/posts\/12809\/revisions\/12810"}],"wp:attachment":[{"href":"https:\/\/medicarereport.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12809"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/medicarereport.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12809"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/medicarereport.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12809"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}