Dad’s company has sent out details to the health plans for next year. We had to select the HRA plan this year because we were already under an FSA plan when we had to switch from my company’s benefits to his. But, this year, the HSA plan is the only option. The company contributes $2250 for a family plan and we’ll contribute the rest of the allowed maximum – one of the few things that is deductible on PA state taxes. They also lowered the employee contribution prices of their health plans. We’ll be paying $77 less per bi-weekly pay period starting in 2015 (about $166/mth).
We rarely go to the doctor except for preventative appointments (and the random blood test for medicine maintenance), so I don’t foresee that we’ll use a lot of the HSA money – but we’ll be able to keep it from year to year.
I’m also playing with our portfolio goals spreadsheet in Google Sheets – and we *might* be able to contribute a total of 75k (including company contributions and matches) in 2015. I don’t want to say for sure since I can only guesstimate our mortgage and utility payments as of now. But, I think I’m going to be shooting for a 60k contribution goal, which might change as we settle into our new house.
The last bit of good news is that Dad’s company no longer has a vesting schedule. He will be 100% vested in his 403(b) as of January 1, 2015. I still have to wait 3 years until I’m vested in my employer’s contribution, but that’s not a big deal.
Here’s to hoping that in 10 years, we’ll be financially independent!