32% of Americans Are Overlooking This Valuable Retirement Savings Tool
You're probably familiar with 401(k)s and IRAs even if you don't have these accounts. They're some of the best places to put away money for your retirement, but there's one other account that deserves a place among the top retirement savings vehicles, though it remains critically underutilized.
The health savings account (HSA) wasn't intentionally designed as a retirement savings account, but its tax advantages make it well suited to the task nonetheless. Approximately 77% of respondents in an August Charles Schwab survey said their employer offers an HSA, but only 45% report actually using theirs. If you've been ignoring your HSA up until now, here's a look at why you may want to reconsider that.
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Source Fool.com
