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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).
This allows the HSA to function similarly to traditional retirement plans like 401(k)s and IRAs and can give your portfolio an extra boost toward achieving your retirement 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 ...
"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 ...
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 the ...
Take Advantage of a Health Savings Account (HSA) ... and just sit back and let your money grow tax free. If you’re over age 55, you can contribute an additional $1,000 catch-up contribution each ...
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...
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 ...