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My $40K HSA withdrawal strategy: How should I use it before retirement?
One of the more underrated retirement strategies you can consider today is the Health Savings Account. Essentially, a ...
In IRA expert Ed Slott’s recent monthly newsletter, Ryan McKeown, CPA, CFP, a senior vice president and financial adviser ...
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How to use an HSA to pay for COBRA
You can use money from a health savings account (HSA) to pay for COBRA health insurance, allowing you to cover premiums with tax-free withdrawals. COBRA premiums qualify as medical expenses under HSA ...
With that in mind, here are three HSA mistakes to avoid in the new year 1. Not contributing the maximum amount if you can ...
Many people underestimate their healthcare expenses in retirement. Having dedicated funds in an HSA could make those costs easier to manage. HSAs offer many tax breaks and are more flexible than you ...
HSAs appear preferable to other tax-advantaged savings vehicles, especially for investors expecting out-of-pocket healthcare ...
Forbes contributors publish independent expert analyses and insights. Danielle Seurkamp is CEO of Well Spent Wealth Planning in Cincinnati. Contributions are tax-deductible (or pre-tax if made through ...
Katie Reilly is a former Editor of Trading and Investing at Investopedia. She has a decade of experience in journalism, previously covering national news and education issues. She earned her ...
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