88 - HSA Hacks

Net Worth Hacks - A podcast by Ken Kaufman

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Ken expands upon the concepts he introduced in episode 85 – leveraging a high-deductible health plan with a Health Savings Account. Dollar contributions to HSA accounts are totally tax free, both deposited and withdrawn. The only stipulation is that the funds are reserved for medical expenses. This will be one of the most tax savvy tools in your toolbox during retirement. Ken walks you through this hack (paying out of pocket, leveraging receipts) and explains where people get tripped up.