If You're Doing This With Your HSA, You're Making a Huge Mistake

In fact, if you're able to, a good bet is to fund an HSA during your working years but save your entire balance for ...
planadviser.com

HSA Withdrawals Increased by 13% in 2024

Benefits provider Lively found its customers spent an average of 80% of their health care account assets in 2024, reflecting rising health care costs. While health savings accounts are becoming more ...

3 signs you aren't making the most of your HSA

Don't blow a big opportunity.
AOL

My $40k HSA Withdrawal Strategy: How Should I Use It Before Retirement?

One of the more underrated retirement strategies you can consider today is the Health Savings Account. Essentially, a tax-advantaged savings account that can help you pay for medical expenses like ...
The Vindicator

What happens to your HSA account while in retirement?

Health savings accounts can be valuable components of individuals’ savings toolkits, especially for those who can afford to pay their actual health care expenses out of pocket while leaving their ...
Orlando Sentinel

The Savings Game: Using your HSA like a Roth account

In IRA expert Ed Slott’s recent monthly newsletter, Ryan McKeown, CPA, CFP, a senior vice president and financial adviser with Wealth Enhancement, wrote an excellent article summarizing the advantages ...
Hosted on MSN

How to Make Your HSA Work Harder for You After Retirement

Health savings accounts (HSAs) have become an essential financial tool for many Americans, offering a tax-advantaged way to save for medical expenses. While these accounts are primarily designed to ...
AOL

This Often-Forgotten Account Can Grow Tax-Free, Allows Some Withdrawals Tax-Free, and Avoids RMDs

Health savings accounts are underrated by many people. They let you accumulate a lot of money for healthcare expenses. What you don't spend can remain and grow until you tap the account in retirement.

HSAs Are Growing Up But Beware Of Estate Tax Pitfalls

HSAs are great vehicles for retirement health care costs but come with challenging estate planning tax issues.
Opinion

Your Retirement Savings Roadmap: The Right Order For Every Dollar

Everyone's finances have wrinkles. Debt with very high interest (credit cards with fees of 15-25%) may simply reduce savings at a faster rate than investments increase. Settlement of a high-interest ...
Nasdaq

This Often-Forgotten Account Can Grow Tax-Free, Allows Some Withdrawals Tax-Free, and Avoids RMDs

Health savings accounts are underrated by many people. They let you accumulate a lot of money for healthcare expenses. What if I told you that you might be able to make use of a financial account that ...
Newsday

What happens to your HSA in retirement?

Health savings accounts can be valuable components of individuals’ savings toolkits, especially for those who can afford to pay their actual healthcare expenses out of pocket while leaving their ...