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Ask HTM - iPhone Upgrades, Burden of the Gift Tax, & A Potential HSA ‘Gotcha’ #835

How to Money

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Unlocking Retirement Potential with Health Savings Accounts

This chapter delves into the unique advantages of Health Savings Accounts (HSAs) as retirement accounts, focusing on tax-saving benefits, ownership flexibility, and the ability to use funds for future healthcare expenses. It also explores the implications of overfunding an HSA, emphasizing its long-term flexibility and the guidelines provided by the IRS for healthcare expense reimbursements.

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