How much do you think, on average, a couple will need to save for healthcare costs in retirement? According to Fidelity, a whopping $315,000 after taxes. And that’s in today’s dollars. Now, what if you could save for current medical expenses and for retirement in a TRIPLE tax advantaged way? This is one of the most powerful investment vehicles in the tax code, and is often underutilized, misunderstood, and not fully taken advantage of. The health savings account, or HSA.
In this episode, Grace shares what an HSA is, who qualifies, and how to leverage its triple tax advantaged benefits.
Let’s get to it…