Wednesday, November 22, 2017
HSAs -- Not Just For Healthcare
HSAs are a good tax-free way of saving. The money put into these plans are deducted from taxable earned income. Also, the growth from investing this money is tax-free. Unlike your traditional IRA and non-Roth 401(k) accounts, withdrawals are also tax-free when used for medical expenses, so it is a really tax-efficient way to accumulate money.
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