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Don’t Overlook Health Savings Accounts

Rather than maxing out 401(k) contributions, advisors’ clients may be better off fully funding health savings accounts due to the attractive tax benefits of the products. So reports CNBC.

A number of researchers have been touting HSAs because they can be funded on a pre-tax basis, they grow tax-free, and distributions aren’t taxed when the money is
used for qualified expenses.

Read the full article from CNBC.

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