I often recommend using your Health Savings Account (HSA) as another retirement account with tax benefits. This is different than the way most people approach the HSA because it starts with the word “Health” and you can pay for medical expenses. But you can invest the money for the far future allowing it to grow and compound tax-free. The best part is that you can even pay yourself back for medical expenses that you are incurring now!
Listen as Julie and I discuss how to actually use this account including:
How to choose the right health plan for you
Who contributes money to your HSA and when
How to pay for current medical expenses and what to track
How to invest your HSA for the future
How the HSA can be used as an emergency fund!
Find out more about Mike athttps://www.mortonfinancialadvice.com/ ( https://www.mortonfinancialadvice.com) and connect athttps://www.linkedin.com/in/mwsmorton/ ( https://www.linkedin.com/in/mwsmorton/)