2767: The Health Savings Account Strategy That Not Enough People Are Talking About by Rynda Chappell-Wilk with Financial Finesse episode artwork

EPISODE · Jun 20, 2024 · 10 MIN

2767: The Health Savings Account Strategy That Not Enough People Are Talking About by Rynda Chappell-Wilk with Financial Finesse

from Optimal Finance Daily - Financial Independence and Money Advice · host Optimal Living Daily | Diania Merriam

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2767: Discover a little-known strategy for maximizing your Health Savings Account (HSA) with insights from Rynda Chappell-Wilk. Learn how to accumulate a substantial tax-free balance over the years and use it strategically during retirement to avoid higher taxes and preserve your other investments. Read along with the original article(s) here: https://www.financialfinesse.com/2017/10/17/the-health-savings-account-strategy-that-not-enough-people-are-talking-about/ Quotes to ponder: "Qualified HSA withdrawals do not have to be taken in the year in which the expense was incurred." "If you max out your HSA over a period of many years, you can build up quite a nice balance of tax-free money." "Assuming you can afford to pay your medical expenses out of pocket before you retire, accumulating funds in an HSA account can be a great option to consider!" Episode references: Affordable Care Act (ACA): https://www.healthcare.gov/ Learn more about your ad choices. Visit megaphone.fm/adchoices

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2767: The Health Savings Account Strategy That Not Enough People Are Talking About by Rynda Chappell-Wilk with Financial Finesse

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