Strategies for lowering your health care costs in retirement
According to the experts at Fidelity, you will need about $300,000 to cover your health care costs, that’s even with
Read moreHRAs/HSAs
A look at the differences between FSAs and HSAs
Although both flexible spending accounts and health savings accounts let you save your pretax money to spend later on medical
Read moreHow to cover those costs when you retire
According to a recent Edward Jones and Age Wave study, healthcare costs is the top money-related concerns for individuals retiring. The
Read moreWhat is an HSA and can everyone have one?
You have heard about health savings account (HSAs), but you don’t know if it is right for you? Or even
Read moreWhat is a health savings account?
At the end of 2020, there were more than 30 million HSAs with a combined total amount of $82.2 billion,
Read moreCongress should ease HSA rules
James Gelfand, senior vice president for health policy at The ERISA Industry Committee, spoke at the House Education and Labor
Read moreAmericans are underestimating their healthcare costs in retirement
According to a recent Fidelity survey reveals 37 percent of Americans think the average senior couple will spend $50,000 to
Read moreHow an HSA can help you save for expenses now and in retirement
A recent survey by the HSA Bank Health & Wealth Index found “83 percent of consumers over 65 worried about
Read moreDoctor visits were down in 2020 but HSA spending was up
Although the doctor and hospital visits were down in 2020, there were significant increases in health savings account spending. According
Read moreHealth savings accounts represent one of the most efficient ways to squirrel away money for retirement
Many people are often confused by the difference between health savings accounts (HSAs) and flexible spending accounts (FSAs). HSAs have
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