2767: The Health Savings Account Strategy That Not Enough People Are Talking About By Rynda Chappell-Wilk With Financial Finesse Optimal Finance Daily podcast

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

2h ago 10:03

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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/

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