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I'm on social security. I pay a lot for health insurance. can I pay health insurance in pre-tax dollars?



I'm on social security. I pay a lot for health insurance. can I pay health insurance in pre-tax dollars?

No, right now the tax laws aren't really generous about making individual coverage tax deductible. Some of the reforms proposed in Bush's state of the union address would help, but they are at least a year away.

HSA dollars go toward expenses (claims) when you have a qualified policy (with a high deductible). It's true that the second answerer doesn't know what I'm saying.
HSA programs are avaliable for pre-tax dollars. So I am not real sure what the first guy was saying. Go get a good insurance agent that can see if you are elgible for a pre-tax HSA.
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