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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 ...
In 2025, for example, those with a qualifying individual plan will be able to contribute up to $4,300 while those with a family plan are allowed to invest up to $8,550. Don't miss
Many HSAs allow you to invest your contributions, which can potentially allow you to grow your savings dramatically over time. Although investing your HSA contributions can make a big difference ...
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 ...
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 ...
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