There’s a common misconception among many Americans that Medicare has them covered for all health-related costs in retirement. But long-term care is a pricey—and often overlooked—retirement expense not covered by Medicare. This article covers long-term care and how an HSA can help offset the cost.
If you’re a registered investment advisor coaching clients who have retirement on the brain, you can encourage employees to leverage their HSA in a greater capacity to save for those inevitable medical costs later down the line. This post will do a deep dive into IRAs and HSAs, so your clients can build up their health to wealth strategy and be prepared for retirement.
In this post, we demystify HSAs and how they intersect with Social Security and Medicare, so you can help your clients make educated decisions for retirement—from age 65 and beyond.