Published On Oct 17, 2023
A Health Savings Account is one of the best financial accounts out there. It's so great I have dreams about it. So in this video, I'm going to break down what's so special about an HSA and how you can maximize it.
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A Health Savings Account has been around for 20 years, but not a lot of people are aware of what they are and how they work. It's more than just a way to save for medical expenses, it can also be turned into another retirement account with more benefits than something like a 401k, 403b, 457, and Roth IRA.
We'll be cover topics like what an HSA is, the contribution limits for an HSA, how to supercharge your health savings account, how to make sure you're choosing the correct health insurance plan (high deductible health insurance plan), how to invest money within your HSA, a comparison of what it looks like if you invest your money vs. not investing your money, triple tax savings, tips and tricks to maximize a health savings account, mistakes to avoid with an HSA, and much more!
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Disclaimer: This video is for entertainment purposes only. Everyone's situation is different so do your own research before making any decisions with your money.
