5 Ways to Use a HSA in Retirement
The Health Savings Account (HSA) is the only account you can contribute to that receives triple-tax advantages.
- Tax-deductible contributions
- Tax-deferred growth
- Tax-free distributions (for qualified medical expenses)
And having a funded HSA in retirement comes with it's advantages:
- Use for more frequent healthcare costs
- Bridge gap until Medicare age
- Helps pay for long-term care
- Can be used for anything after age 65 without penalty
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Want help with your retirement plan?👇🏼
☎️ Book a call with me: https://calendly.com/jacobduke/intro
✉️ Email me: jacob.duke@appliedcapital.com
Submit your question here: jacob@retirementanswers.net
YouTube: https://www.youtube.com/@retirementanswers
#retirement #howmuchtoretire #retirementplanning #rothira #rothconversion #investing #401k #socialsecurity
