Save With an HSA Now, Thank Yourself Later
A Health Savings Account (HSA) is a smart way to set yourself up for success. If you participate in the HSA medical plan but are not contributing to an HSA, you’re missing out on triple tax savings. You can use it to pay for expenses now or have a leg up on future costs if you don’t use all your HSA money by the end of the plan year.
According to Fidelity, the tax treatment of HSAs provides the potential for more significant investment growth and higher after-tax balance accumulation versus other retirement or health care savings options. Assuming you use HSA funds to pay for qualified medical expenses, you do not pay any federal taxes. That’s why it’s at the top of the list for tax-efficient investment options for your retirement. Read More
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Disclaimer
Disclaimer:
The content on this site includes links to tools and information that are not the property of BMC Software, and BMC Software is not responsible for their accuracy, completeness or continued availability. Some of the material contained in this site is based on official plan documents. It is not, nor is it intended to be, the legal plan document or a contract between the company and any employee or contractor. Every effort has been made to ensure the accuracy of this material. In the unlikely event that there is a discrepancy between the site and the official plan documents, the official plan documents will control. BMC Software reserves the right to amend or terminate the plan(s) or program(s) at any time. If you believe the benefits do not describe those available to you, contact the Benefits Center at 877-BMC-4849.
Copyright © BMC Software. All Rights Reserved
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