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A retirement account with triple tax advantage
When you think of retirement savings accounts, you think of 401(k)s and IRAs, but did you know there is a better option; one that gives a triple tax advantage? Health savings accounts (HSA) contributions reduce your taxable income and allow you to make tax-free withdrawals for medical expenses at any age. However, if you plan to use HSA for retirement savings, it would be better to avoid withdrawing funds until you retire. Kailey Hagen explains why you should, if you qualify, add an HSA to your retirement planning. Read Ms. Hagen’s article here…