Hi. Thanks! Just so we're all clear, I made a ledger about how I would expect Martin's proposal to play out and attached it.
Sincerely, Ryan Mulligan On Mon, Nov 16, 2020 at 10:41 AM Martin Blais <[email protected]> wrote: > Yes. I was going to suggest something very similar, using a fake commodity > and some level of discipline. Basically, when you spend on health care, > decrease A / increase B some other pair of accounts, and when you withdraw > from the HSA, decrease B / increase C. B tracks how much $ you should be > allowed to withdraw from the account at any time. > > A: Expenses:Healthcare:Spent > B: Assets:BalanceClearedToWithdraw (choose a better name) > C: Expenses:Healthcare:Withdrawn > > Commodity: HSAUSD ("HSA withdrawal dollars") > > > > > > > On Mon, Nov 16, 2020 at 11:14 AM Aaron Lindsay <[email protected]> wrote: > >> Why does the cost basis of the investment in your HSA matter in terms of >> tracking the amount you can withdraw? >> >> My understanding is that the amount you are allowed to withdraw is >> accounted using the cash value you withdraw *at the time you make the >> withdrawal*. If my understanding is correct, you would not need to account >> the cost basis of your investments in the HSA any differently than any >> other brokerage. The accounting of how much you are allowed to withdraw >> could be done independently. >> >> What if you setup two accounts like: >> Expenses:Medical:HSA-Qualified >> Expenses:Medical:HSA-Withdrawn >> >> And whenever you incurred a qualified medical expense, book it against >> 'Expenses:Medical:HSA-Qualified'. Then, whenever you pull money out of your >> HSA, move that same amount to 'HSA-Withdrawn'? It would probably be >> preferable to come up with some way to tie the two events together, but I >> haven't conceived of a simple way to do so. >> >> -Aaron >> >> On Sunday, November 15, 2020 at 6:56:26 PM UTC-5 Ryan Mulligan wrote: >> >>> Hi. >>> >>> In the USA, you can fund a Health Savings Account (HSA) with pretax >>> dollars that you can invest. If you incur a qualified medical expense, you >>> are allowed to withdraw money from the HSA account tax free. As long as you >>> properly record them, you can withdraw money equal to these expenses at any >>> later date tax free. >>> >>> In my particular case, almost 100% of my HSA balance is invested in a >>> stock market ETF. >>> >>> How would you set up accounts to track the amount you can withdraw from >>> the HSA account tax free? It seems like maybe it has to do with setting the >>> cost basis of the ETF in the HSA, but I wouldn't be surprised if that was >>> overly complicating things. >>> >>> Sincerely, >>> Ryan Mulligan >>> >> -- >> You received this message because you are subscribed to the Google Groups >> "Beancount" group. >> To unsubscribe from this group and stop receiving emails from it, send an >> email to [email protected]. >> To view this discussion on the web visit >> https://groups.google.com/d/msgid/beancount/619d082d-f719-44a5-b5da-82af5aab7083n%40googlegroups.com >> <https://groups.google.com/d/msgid/beancount/619d082d-f719-44a5-b5da-82af5aab7083n%40googlegroups.com?utm_medium=email&utm_source=footer> >> . >> > -- > You received this message because you are subscribed to a topic in the > Google Groups "Beancount" group. > To unsubscribe from this topic, visit > https://groups.google.com/d/topic/beancount/FtV-1YJ17GA/unsubscribe. > To unsubscribe from this group and all its topics, send an email to > [email protected]. > To view this discussion on the web visit > https://groups.google.com/d/msgid/beancount/CAK21%2BhPDOnjG3S9AEHpyNbj9Qpc%2BbRxJ6Gk1cfqAN3gF4wT%2Bnw%40mail.gmail.com > <https://groups.google.com/d/msgid/beancount/CAK21%2BhPDOnjG3S9AEHpyNbj9Qpc%2BbRxJ6Gk1cfqAN3gF4wT%2Bnw%40mail.gmail.com?utm_medium=email&utm_source=footer> > . > -- You received this message because you are subscribed to the Google Groups "Beancount" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. To view this discussion on the web visit https://groups.google.com/d/msgid/beancount/CA%2B56x29_pFXZ5EibEuEvd6z8%3D5o2oap-D6gXSR6%2B%2B0PTDqpA%3DQ%40mail.gmail.com.
ledger.beancount
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