Designating a Health Savings Account (HSA) Beneficiary
In this article we’ll cover some of the basics of what an HSA beneficiary is and why it’s a good idea to designate one as part of a secure and well-rounded financial future.
In this article we’ll cover some of the basics of what an HSA beneficiary is and why it’s a good idea to designate one as part of a secure and well-rounded financial future.
These days, more people are opting for high-deductible health plans (HDHPs), which means more people are also opening health savings accounts (HSAs) to offset out-of-pocket spending. Whether you spend or save HSA dollars, you will still reap the rewards of these tax-advantaged accounts. It's a matter of saving now or saving later! Read about the types of HSA owners to see what category you fall into—spender, saver, or rainy day-er!
There is no such thing as too early or too late to start saving for retirement. As the cost of health care continues to rise year after year, health savings accounts (HSAs) are gaining steam as a necessary means to cover medical needs now and long-term care costs in retirement. If you are wondering what an HSA really does and how much should you contribute, our HSA Growth Estimator calculator* may help!
Maximize your retirement savings with both an HSA and 401(k). In this article, we'll highlight how these accounts work together in a health-to-wealth approach to help participants round out their retirement strategy.
We created this HSA investing article to cover the basics of how and why you might choose to invest HSA funds to grow your health care savings over time. By investing in your HSA, you are also investing in your health and well-being later in life!
Bringing “Health” and “Wealth” closer together through collaboration and integration: ConnectYourCare is excited to announce an integrated health savings account solution, together with T. Rowe Price Retirement Plan Services.