5 Savings Accounts That Give You Big Tax Breaks
Six in 10 Americans were worried about paying for their healthcare costs in 2016, while 64% of Americans said retirement savings was a top concern, according to a Gallup poll . Concern about these costs is definitely understandable, as Americans are woefully behind on putting enough aside for retirement, and healthcare costs have continued to steadily rise.
Retirement savings.
There is a bit of good news, though: There are accounts you can use to get tax breaks to pay for healthcare expenditures, retirement, and also a college education for your kids. In fact, here are five key savings accounts you can take advantage of to get generous tax breaks.
Source: Fool.com
