HSAs: Cover Medical Costs While Saving for Retirement?
For those who already have a high-deductible health plan and can afford to put the maximum amount into an Health Savings Account (HSA) each year, using an HSA as a retirement account could be a smart option.
Read the LA Times article: Using a Health Savings Account for Medical Costs — and Retirement
Using a Health Savings Account for Medical Costs — and Retirement
HSAs can be used to pay for many medical expenses, including some drugstore items
By Lisa Zamosky | July 24, 2015
When AT&T switched his health plan several years back, project manager Dave Eis says he found himself with only one option — a high-deductible plan. Today, he sees it as a good thing.
“Cost-wise I didn’t perceive it as negative, because it lowered my premiums. My monthly premiums probably went at the time from $250 down to $60 per month,” he says.
Original Post By: LA Times