Frugal Babe

Yesterday we officially maxxed out our HSA for the year.  $5650 is the IRS limit on contributions for a family, and we hit that mark - a huge milestone for us.  It puts us well on our way to having enough money to pay for our baby’s birth and to meet our deductible on our health insurance to get my husband’s knee worked on next month.  And it’s a sweet tax deduction.  I think this is the first time we’ve ever maxxed out any contribution account.   We haven’t ever gotten there with our IRAs or my 457 plan at the library, so it’s nice to be at a point where we have an account finished for the year.  Next year, I’d like to max it out earlier in the year to give the money more time to grow.  I’m working on 2008 goals and I’ll post about them soon.