If you are approaching Medicare eligibility, pay close attention to your HSA contributions

Excluding the cost of long-term care, a 65-year-old couple who retired in 2019 can expect to spend $285,000 in healthcare and medical costs through retirement. So, having funds to offset some of that cost would be a good thing.  If you have a health savings account, you can put away up to $3,550 if have single coverage or $7,100 for family plans and another $1,000 if you are over age 55.  However, there is a catch if you plan on remaining in the workforce through your 60s, you need to be aware of these three potential pitfalls. Read article here…

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