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An HSA Can Also Be Used to Save for Retirement

August 19, 2024 by admin

An HSA Can Also Be Used to Save for Retirement

Health savings accounts (HSAs) were created as a savings vehicle to help people pay out-of-pocket medical expenses. If qualified, you can establish an HSA in much the same way you establish a traditional savings account or an individual retirement account. You can open one with a lump-sum payment or through regular contributions, usually through paycheck […]

Filed Under: Retirement

Clash of the Goals: Save for College or Retirement?

December 20, 2022 by admin

Retirement for you or college for your kids? Which financial goal should you focus on the most? Many parents feel conflicted because they want to help their kids get a good college education but know they need to save for their own retirement years. While it may not be easy to pull off, it’s important […]

Filed Under: Retirement

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