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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 ...
You can invest your HSA money for retirement, just like an extra IRA account, and the money can be withdrawn tax free after age 65. Women are better at investing than men
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 ...
According to the Fidelity Retiree Health Care Cost Estimate, couples who retired at age 65 in 2021 could need roughly $300,000 in savings (after tax) to pay for healthcare expenses in their golden ...
Here’s an overview of how health savings accounts work and how you can open one.
HSAs were created in 2003 to help Americans manage and reduce the rising costs of healthcare.