Answering all your questions about HSAs! I’ll talk through good, better, and potentially the best strategies to use to get the most out of an HSA.
Good – Making a yearly contribution and using it within the year or in following years to pay for medical expenses tax-free.
Better – Convert your HSA into a brokerage account and invest as you see fit.
Best – Pay for medical expenses out of pocket and convert your HSA into what is functionally a de facto retirement account. This allows you to withdraw funds after the age of 65 and use as you see fit.
