EPISODE · Oct 10, 2023 · 16 MIN
5 Ways to Use a HSA in Retirement
from Retirement Answers · host Jacob Duke, CFP®
The Health Savings Account (HSA) is the only account you can contribute to that receives triple-tax advantages.Tax-deductible contributionsTax-deferred growthTax-free distributions (for qualified medical expenses)And having a funded HSA in retirement comes with it's advantages:Use for more frequent healthcare costsBridge gap until Medicare ageHelps pay for long-term careCan be used for anything after age 65 without penalty***Help me make the show better in 2024. Fill out this quick survey!Want help with your retirement plan?👇🏼☎️ Book a call with me: https://calendly.com/jacobduke/intro✉️ Email me: [email protected] your question here: [email protected]: https://www.youtube.com/@retirementanswers#retirement #howmuchtoretire #retirementplanning #rothira #rothconversion #investing #401k #socialsecurity
What this episode covers
The Health Savings Account (HSA) is the only account you can contribute to that receives triple-tax advantages.Tax-deductible contributionsTax-deferred growthTax-free distributions (for qualified medical expenses)And having a funded HSA in retirement comes with it's advantages:Use for more frequent healthcare costsBridge gap until Medicare ageHelps pay for long-term careCan be used for anything after age 65 without penalty***Help me make the show better in 2024. Fill out this quick survey!Want help with your retirement plan?👇🏼☎️ Book a call with me: https://calendly.com/jacobduke/intro✉️ Email me: [email protected] your question here: [email protected]: https://www.youtube.com/@retirementanswers#retirement #howmuchtoretire #retirementplanning #rothira #rothconversion #investing #401k #socialsecurity
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5 Ways to Use a HSA in Retirement
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