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In a YouTube video, personal finance expert Tae Kim of Financial Tortoise likened a health savings account (HSA) to the ultimate retirement account. You can access this triple-tax-advantaged ...
The tax advantages of a health savings account (HSA) are unbeatable — better than a 401(k), traditional IRA, Roth IRA or 529 savings plan. It can be used like a checking account to pay for ...
Health savings accounts (HSAs) are one of the least-known retirement tools available but they can make a big difference in preparing for what can be the biggest concern in retirement – covering ...
Most programs work toward paying off your debt in three to five years. Credit scores often improve as balances decrease. The downside is that most programs require closing credit cards and paying ...
A health savings account (HSA) is a tax-advantaged account designed to help you save for future medical costs. If you have access to this type of account, it’s a good idea to make the most of ...
3. Max out your retirement accounts. After paying off high-interest debt and establishing an emergency fund, it’s time to think about the future — specifically, your retirement.
Invest Your HSA Funds Since most individuals and families are unlikely to use all their HSA money on medical costs in their early years, it makes sense to invest the cash so it can grow, tax-free.
"The HSA was created when high-deductible (insurance) plans came about," explains Joseph Conroy, author of "Decades & Decisions: Financial Planning at Any Age," and a financial advisor with ...
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