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Show Notes
The Health Savings Account (HSA) is the only account you can contribute to that receives triple-tax advantages.
- Tax-deductible contributions
- Tax-deferred growth
- Tax-free distributions (for qualified medical expenses)
And having a funded HSA in retirement comes with it's advantages:
- Use for more frequent healthcare costs
- Bridge gap until Medicare age
- Helps pay for long-term care
- Can be used for anything after age 65 without penalty
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