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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 ...
A 65-year-old “can expect to spend an average of $157,500 in healthcare and medical expenses throughout retirement,” stated Fidelity Investment’s annual Retiree Health Care Cost Estimate for ...
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
Your HSA account will cover qualified medical expenses for your spouse and children. Investment Opportunity. You are allowed to make investments through your HSA. Those investment options include ...