Health Savings Accounts
Health Savings Accounts (HSAs) are the greatest saving and investing accounts.
The Triple Tax Advantage
HSAs are the only way to get all three tax advantages.
*Must be eligible through a High Deductible Health Plan (HDHP). Limitations apply.
**Must be used for Qualified Medical Expenses.
Listen to the Health Savings Account Podcast Episode:
RetireMentorship Episode 39
Freeman Linde, CFP® | October 25, 2021
Health Super Accounts, technically known as Health Savings Accounts, are the best account to fund. Learn about these amazing accounts as we enter into Open Enrollment for many people.
Health Savings Account Withdrawals are Tax-FREE!*
*When used for Qualified Medical Expenses
HSA distributions that are used to pay for Qualified Medical Expenses are tax-free. What are those expenses? The list is quite long, and it is worth learning them and refreshing your memory annually. See the full list of qualified expenses and a short description of each.
HSAs are a Great Way to Reduce Taxes in Retirement
Reducing Taxes in Retirement Workshop
Taxes are the largest expense most people will pay. If you do nothing, you may end up paying tens or even hundreds of thousands of dollars in extra taxes in retirement. In this workshop you will learn:
- The Retirement Tax Bomb
- Strategies for Lowering Taxes
- How to Leave the IRS Weeping