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Instead, he recommended treating your HSA like a retirement account by investing your funds in a low-cost, broad-market index fund long term. “This is how some people are able to have hundreds ...
But do your best to go beyond simply throwing your funds into a random investment. Instead, intentionally choose to invest your HSA contributions into an asset that suits your investment goals ...
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 ...
Consider investing at least a portion of your HSA to keep pace or beat inflation,” Thomas said. “HSAs can invest in many options such as mutual funds or exchange traded funds (ETFs).
By contributing to your HSA throughout your working years, you can accumulate funds that can be used tax-free for qualified medical expenses in retirement, including Medicare premiums, long-term ...
Remember that this money is first intended to help with the costs you’ll pay because of your high-deductible health plan, so taking on too much risk with your investments could mean that the ...
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Health savings accounts aren't nearly as popular as their more well-known counterparts like IRAs and 401(k) plans. Although their stated purposes are different -- an HSA is supposed to help you pay...