Add account types for Health Savings Accounts (HSA)

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R1456
R1456 Quicken Mac Subscription Member ✭✭✭

Need to add two account types: 1. HSA Health Savings Account which is tax-advantaged savings account. and 2. HSA Investment account which is tax-advantaged similar to an IRA.

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  • HAFMAC
    HAFMAC Quicken Mac Subscription Mac Beta Beta
    edited June 24

    Can we have a workflow built for Health Savings Accounts. These need to be investment accounts with cash balances. A real key would be able to enter health expenses in the account with a click box for "reimbursed". I'm envisioning an account where I could make deposits and buy/sell securities but also record a health expense even if I'm not receiving a reimbursement this year. I'd like to be able to record the reimbursement date, transaction date, payee, attachment to a scan of the bill, link to the actual payment in another quicken account (say a credit card where I paid the bill). These would be subtotaled and if no reimbursement date listed they would be grouped at the bottom as "future transactions". Then when I request reimbursement I fill in the "reimbursement date and the fall into the "register" like a normal transaction.

    This allows tracking (with scans for any IRS audit) for using HSA's as a long term savings account but also recording all the health expenses in real time.