Reported about 16 hours ago
Health Savings Accounts (HSAs) can potentially accumulate up to $1 million by retirement through maximum contributions and smart investments over decades. Starting early and avoiding withdrawals for medical expenses is key to reaching this goal, as HSAs offer tax advantages and can be beneficial for managing healthcare costs in retirement. However, many people use their HSAs for immediate expenses rather than long-term growth, highlighting a need for better investment awareness among account holders.
Source: YAHOO