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2767: The Health Savings Account Strategy That Not Enough People Are Talking About by Rynda Chappell-Wilk with Financial Finesse
Manage episode 424520594 series 2359086
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
2841 episodes
2767: The Health Savings Account Strategy That Not Enough People Are Talking About by Rynda Chappell-Wilk with Financial Finesse
Optimal Finance Daily - Financial Independence & Money Advice
Manage episode 424520594 series 2359086
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
2841 episodes
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