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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.
Your employer may contribute a set amount to your HSA or even match your contributions, similar to a 401(k) match. You can increase your HSA balance with what Kim said is “free money ...
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 ...
Some employers will provide an annual tax-free contribution to help fund your HSA — indeed, three-quarters of employers make HSA contributions and 60% offer investment options for HSAs ...
Invest Your HSA Funds Since most individuals and families are unlikely to use all their HSA money on medical costs in their early years, it makes sense to invest the cash so it can grow, tax-free.
With the rise of the high-deductible health plans, we have seen health savings accounts (HSAs) enter the marketplace to aid employees with covering their benefits costs with a tax advantage for ...
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