Question; wondering if an HSA is right for me.
My situation:
I am paying a Covered Cal (state subsidized but for people with income above medicare) bronze health care plan (both a worse and more expensive plan than last year, thanks republicans). But I saw my current plan also is an HDHP, which led me to re-researching HSA's. I currently contribute to a traditional IRA plan and a regular taxable brokerage mostly in the usual index funds. The problem is I work in various contracted gigs and don't have some sort of 401k matching, health plans etc -- therefore my contributions to IRA's /etc have been more sporadic than i like -- credit card bills got out of control for a bit but they are now paid off. Emergency fund is taken care of, and I was able to max my IRA for last year. Taxable in the 30k range. 25k in retirement. age 32. No dependents but intend to park any future windfall for a kid/college fund down the line, god willing.
My question(s):
In a state where part of the draw of the triple tax benefit of using an HSA as a retirement vehicle is neutered -- as it is my understanding CA does not recognize an HSA in the tax code? -- and in a somewhat unstable (but working at present) income situation -- would I be remiss if I didn't begin contributing to an HSA?
Other concerns I had about an HSA:
I also do not know if there is risk with the financial regulations around HSA withdraw tax benefits in the future -- as it's my understanding IRA payout eligibility got changed, etc.
I've seen commenters refer to withdrawing from HSAs after 65+ using medical receipts they've saved for 30 years -- is this required to withdraw in a tax-beneficial way for every expense that isn't medical? this seems, uh, insane. I do not want to do this, my gut is saying my time is not worth that bit of money.
many thanks