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How an HSA can help you save for expenses now and in retirement
A recent survey by the HSA Bank Health & Wealth Index found “83 percent of consumers over 65 worried about current or future medical bills and of those consumers, more than a third reported they rarely save money for future health care expenses.” So, how do you go about saving for future health care expenses? Health Savings Account (HSA) is a personal savings accounts that help you save on current and future health care expenses. HSAs offer savings and tax advantages and the funds in your HSA stay with you no matter if you are still working or are retired. Ed Seaver, senior vice president at HSA Bank, explains how a health savings account can help save for expenses now and in retirement. To read Mr. Seaver’s article click here…
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