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Title	MSA investment recommendation

Question	Who are your top 3 picks for an MSA investment account? Why? Please answer in context of the following information... I am self-employed and investing for myself only. I use "Medical Savings Insurance" for my insurance policy. I live in California. My expectations are: - freedom of choice in investment tools (very important) - top ROI potential...after accounting for investment tools, account fees, and the government's MSA contribution restrictions (very important) - low hassle contributions/withdrawals (less important, but a factor) In respect and appreciation for your knowledge, Michelle
Category	Business & Finance / Finance and Investment (complete subcategory list)
Date Submitted	4/12/2000
Original Bid Amount	$50.00
Submitted by	Anonymous
No. of Responses to Date	2

Answer	American Health Value LLC, [AHV]in Boise, ID does a fifty state business acting as a custodian form Medical Savings Accounts. After a certain minimum level of deposit is attained, Funds may be deposited in a mutual fund managed by Delaware Funds. The account that I generally use for illustration in the Delaware Funds group has a ten year average annual yield of 11.01%. Delaware Funds has 23 different funds available. Minimum deposit required to open or add to a MSA at AHV is $30.00. AHV provides account holder with a VISA Debit Card drawing against the account, for ease of payment of allowable medical expenses. Assuming you are an individual (that is, that you are not maintaining a family plan)tax year 2000 parameter is an aggregate calendar year deductible of $1,550, with a maximum allowable annual contribution to the MSA of $1,007.50. The maximum allowable contribution may be broken down to maximum allowable monthly contributions of $83.96 for each month the savings account is open during tax year 2000. Hence, for each month, you could deposit between $30.00 and $83.96 into the MSA and remain within IRS requirements for pretax contributions. I will be pleased to provide you more details at your request if you accept my answer, and assist you in opening your account with AHV.
Date Submitted	4/13/2000
Final Bid Price	$50.00
Answered By	Bill Gill
Rating	not rated
Comments from Questioner	We recommend this answer. It addresses all your expectations that you outlined in your question.