This Key Retirement Savings Plan Is Getting a Boost for 2023
Healthcare is a major expense for a lot of people during their working years. And often, it becomes an even more burdensome expense during retirement.
That's why it's so important to set funds aside for future healthcare costs. And health savings accounts (HSAs) are a great bet in that regard.
HSAs allow you to set aside money for near- and long-term medical costs. Unlike flexible spending accounts (FSAs), HSA funds never expire, which is why HSAs are often regarded as a retirement-savings tool -- even though you can access money in one of these accounts well ahead of retirement.
Source Fool.com
