Estimated reading time: 0 minutes, 20 seconds

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.

Read 4396 times
Rate this item
(0 votes)

Visit other PMG Sites:

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.