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The Only Retirement Account that is Triple #Tax Advantaged!
A health savings account, or #HSA, has a unique triple #tax benefit. Your contributions reduce your taxable income, any investment growth within the account is tax-free, and qualified withdrawals are tax-free! As Peter with Richon Planning explains to Erin Kennedy, if you have a High Deductible Health Plan, or #HDHP, it's often worth taking advantage of the HSA.
Peter breaks down how to use the money in your account to pay medical bills and how to utilize it as an investment tool as well. He also breaks down common mistakes when creating and investing HSAs.
As you work to determine which health plan is right for you and your family in 2023, Peter would be happy to help you determine if a HDHP makes sense for your unique financial goals and priorities. Please feel free to reach out by calling (919) 300-5886 or by visiting www.RichonPlanning.com
#WealthManagement #Retirement #Healthcare
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The Only Retirement Account that is Triple #Tax Advantaged!
A health savings account, or #HSA, has a unique triple #tax benefit. Your contributions reduce your taxable income, any investment growth within the account is tax-free, and qualified withdrawals are tax-free! As Peter with Richon Planning explains to Erin Kennedy, if you have a High Deductible Health Plan, or #HDHP, it's often worth taking advantage of the HSA.
Peter breaks down how to use the money in your account to pay medical bills and how to utilize it as an investment tool as well. He also breaks down common mistakes when creating and investing HSAs.
As you work to determine which health plan is right for you and your family in 2023, Peter would be happy to help you determine if a HDHP makes sense for your unique financial goals and priorities. Please feel free to reach out by calling (919) 300-5886 or by visiting www.RichonPlanning.com
#WealthManagement #Retirement #Healthcare