How an HSA Can Help You Invest Now More Than Ever
Health savings accounts can save you a lot of money in the long run. There are some great tax benefits to putting in your own contributions as well. In this video from the Motley Fool Live Financial Planning series, longtime contributor and Director of Investment Planning Dan Caplinger discusses how you can make contributions to an HSA on top of what you put in as an employee via payroll deduction and some of the tax ramifications.
As Dan sees it, an HSA can be one of the best tax breaks available -- but not everyone qualifies, so be sure you do what you need to do in order to take advantage of HSAs if you can. In this clip, Dan responds to a Motley Fool member named Brian who asked, "If you are under 65 and you are retired, is it a good idea to contribute after-tax dollars to an existing HSA? Are there other options?"
Source Fool.com
