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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 ...
A health savings account (HSA) is a tax-advantaged account designed to help you save for future medical costs. ... Although investing your HSA contributions can make a big difference to your ...
And you can invest the money in your HSA for long-term growth, just like an IRA or brokerage account. Here are a few reasons why HSAs can be an especially good deal for women. Women tend to need ...
A health savings account (HSA) is a tax-advantaged medical savings account available to U.S. taxpayers enrolled in a high-deductible health plan (HDHP). The primary purpose of an HSA is to assist ...
However, once you feel you have saved enough to cover likely expenses for a few years, you can treat your HSA similarly to other retirement accounts. You can build a portfolio of stocks and bonds ...
The post Fidelity Says This Is How to Get More Out of Your HSA appeared first on SmartReads CMS - SmartAsset. Health savings accounts (HSAs) are one of the least-known retirement tools available ...
"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 ...
Figuring out what sort of investment accounts to save in for retirement can be a little puzzling. Most financial experts will recommend tax-advantaged accounts like 401(k)s and traditional IRAs ...