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Liz joins this week's podcast, and we delve into the many reasons why HSAs, or Health Savings Accounts, are awesome! We explain what an HSA is, the requirement of a High-deductible health insurance plan (HDHP) to participate, and the annual limits the IRS sets. Additionally, we share four reasons why HSAs are an incredible financial tool and how to maximize their benefits. We explain the triple-tax advantages that HSAs provide and some often overlooked benefits and loopholes. Get the full show notes, show references, and more information here: https://www.insideoutmoney.org/023-4-reasons-hsas-are-awesome-and-how-to-maximize-the-benefits-of-health-savings-accounts/
By Maggie Tucker4.9
254254 ratings
Liz joins this week's podcast, and we delve into the many reasons why HSAs, or Health Savings Accounts, are awesome! We explain what an HSA is, the requirement of a High-deductible health insurance plan (HDHP) to participate, and the annual limits the IRS sets. Additionally, we share four reasons why HSAs are an incredible financial tool and how to maximize their benefits. We explain the triple-tax advantages that HSAs provide and some often overlooked benefits and loopholes. Get the full show notes, show references, and more information here: https://www.insideoutmoney.org/023-4-reasons-hsas-are-awesome-and-how-to-maximize-the-benefits-of-health-savings-accounts/

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