How much cash savings should I start off with in a high yield savings? Are they FDIC insured?

For the fidelity ZERO fund, is there a certain target age I should do for my ROTH? How about the backdoor roth?

It boils down to what kind of timeline you hope/expect to have before needing to draw from that balance. Some people plan to grow their HSA balance all the way until retirement. Others use it more as a supplemental emergency fund (potential to draw earlier). Others have enough ongoing medical expenses that they keep their HSA primarily cash to cover those, getting only the "tax free on contribution / withdrawal" savings, skipping out on the "tax free growth".

The longer you intend to leave the funds invested, the more likely you are to ride out any downswings of more volatile (though often higher return) investments like stock funds. Over the long term, things like stock funds are somewhat expected to grow more than a conservative option like a CD.

So the answer is "whatever fits best with your financial situation and plans".

Yeah, and this is not a typical situation expected by someone looking for a Honda ownership experience.

Your plan doesn’t have an option for non-annuity based investments?

Check out 403bwise.org for potential options

CD is a known penalty for breaking. T-Bills either can't be broken or if bought through brokerage, sold on the secondary market. T-Bills avoid state income tax.

Oh I have like 7 accounts for various purposes. Mostly fzrox and fzilx

Are the student loans federal or private?

If i knew I was not responsible, I would not even response.

Yes, you can do that.

Open up an HSA at Fidelity (the only one of the big 3 brokerages that offers an HSA) and roll it over. My HSA provider sucks, so every quarter, I roll over my balance to an HSA at Fidelity. Just submitted my request this morning.

There’s a lot in there but I’ll double check, thanks.

Nice. Which fund is your money in?

HSA funds can be invested.

Yes, you can. Fidelity is a popular option.

https://www.nerdwallet.com/article/investing/how-to-invest-hsa

It’s the most tax advantaged account you can invest with.

Two questions needed from you to be sure;

• What's your federal and state marginal income tax bracket?
• How much do you plan to contribute personally to the HSA for the HDHP, or an FSA (if available) for the PPO?

Always talk to your insurance and let them deal with the other insurance company. Don’t say yes to anything so freely.

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That’s probably the case, I’ll wait until the funds are actually withdraw from my checking’s before trying it again

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If you’re insurance pays then your premiums go up or worst case you get cancelled.

Gotcha. That makes sense. I’ve never done anything like that and was curious. I just hate the fact that I was contributing to something with no growth potential and that money is just sitting there.

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Does your work allow you to rent out a house they’re providing to you? That’s kind of a big part of the plan, considering they’re letting you live there contingent to you working for them.

I would assume total medical bills between $10-15k for a healthy pregnancy and hospital birth with no significant complications. That gives you a starting point for calculating coinsurance costs. If your baby is born quite early or needs surgery, then your costs will be much, much higher and you'll almost certainly hit your out of pocket max. 10-15% of babies born in the US spend some amount of time in the NICU, so it's not very unlikely you'll have high costs due to a NICU stay or other complications.

If I assume your total healthcare costs are about $12k before insurance, then your total cost with the HSA plan is $6,680 for the year. If you go with the PPO plan, then it's $8,404 for the year.

If you have meaningfully higher costs due to complications, the HSA is the better pick because the out of pocket max is lower and the premiums are substantially lower.

I'd pick the HSA plan, and max out your HSA so you are spending tax-free dollars to pay your medical bills.

It’s fine to donate with tattoos just as long as they’re not new. I don’t have tattoos so not sure about timing but as long as it’s like 3-6 mos after it’s fine