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How Do I Know If I am On Track to Retire!? (Money Q&A)

The Personal Finance Podcast

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Optimizing HSA Contributions & Importance of Record-Keeping

This chapter explains the 2024 HSA contribution limits for individuals and families, emphasizing the need to stay within the family limit and suggesting strategies for efficient contributions. It stresses the importance of saving receipts for medical expenses to avoid taxes and penalties, highlighting the necessity of detailed documentation for tax-free withdrawals. The discussion also includes tips for navigating the investment choices available for HSAs, focusing on aligning investments with personal goals and risk tolerance.

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