HSAs as a retirement savings vehicle
A health savings account is a type of savings account that lets you set aside money on a pre-tax basis to pay for qualified medical expenses. By using untaxed dollars in a Health Savings Account (HSA) to pay for deductibles, copayments, coinsurance, and some other expenses, you may be able to lower your overall health care costs. It is also an excellent retirement savings vehicle for you. How? Roger Wohlner explains how HSAs work, the triple tax advantage, and how HSAs are underutilized retirement savings account. Read Mr. Wohlner’s article here…
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