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Using an HSA as an additional retirement plan. In addition to using an HSA for medical expenses, ... You can use your HSA to fund health care needs like COBRA premiums or Medicare Parts A ...
This rule provides flexibility to use your HSA funds for anything you need in retirement. However, there’s a big catch. HSAs allow tax-free withdrawals, but only if you’re using the money for ...
An HSA works similarly to a retirement account such as a 401(k), but the money can be withdrawn tax-free to pay for qualified medical expenses. HSAs are offered as part of high-deductible health ...
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...
You can use HSA funds now and in retirement. ... If you have a high-deductible health plan, getting a health savings account is a smart financial move. The tax benefits are big, and it’s a great ...
DEAR ALMOST: A health savings account, or HSA, is a fantastic financial tool that can help you build up a tax-free stash of money for medical expenses now and after you retire. But to qualify, you ...
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