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Ep. 57 The Power of the Health Savings Account - Triple Tax Benefits
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Ep. 57 The Power of the Health Savings Account - Triple Tax Benefits
In this episode of the Red Barn Financial podcast we talk about the power and benefits of Health Savings Accounts or HSAs.
They provide unique tax benefits:
- You get a tax deduction for the contribution if you qualify for an HSA
- The money grows tax deferred
- If you take it out for qualified medical purposes it is never taxed
If you have questions about this strategy or other financial planning topics, please reach out. Contact Sean Moran at smoran@redbarnfinancial.com call 615-619-6919 or learn more at www.redbarnfinancial.com
Disclaimer - The information provided is for educational purposes only and is not tax, legal or financial advice.
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