- Feb 17, 2007
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Hi,
I was just researching HSA's (Health Spending Accounts) and can't find any down sides to them. Why isn't this mentioned alongside 401K's & Roth IRA's as a golden trio of accounts to save for retirement?
It gets a triple tax benefit & some have low-cost Vanguard funds to invest in; and once you retire, you can spend it on all your many health expenditures that I'm sure 65 year olds have.
The only requirement you need is to have a high deductible health plan, which I have.
Anyone have experience with this? I'm 36 now.
I was just researching HSA's (Health Spending Accounts) and can't find any down sides to them. Why isn't this mentioned alongside 401K's & Roth IRA's as a golden trio of accounts to save for retirement?
It gets a triple tax benefit & some have low-cost Vanguard funds to invest in; and once you retire, you can spend it on all your many health expenditures that I'm sure 65 year olds have.
The only requirement you need is to have a high deductible health plan, which I have.
Anyone have experience with this? I'm 36 now.