What you need to know about health savings accounts as you near retirement
Because of the “triple tax advantage” that HSAs offer, it is highly recommended people contribute the maximum every year. An HSA not only gives you a medical emergency fund, but you are gaining money through the tax benefits you experience. However, if you are nearing retirement age, you need to be aware of some of the rules that will affect you. Sarah O’Brien reviews the key things you need to know about health savings accounts as you near retirement. To read Ms. O’Brien’s article, click here…
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