Health Savings Accounts: The Best Retirement Savings Vehicle Ever!

Is a Health Savings Account (HSA) right for you and your family?

The number of HSA accounts has grown steadily since their origination in 2003, topping 31 million in 2020. Yet, only 1.7 million accounts were investing a portion of their HSA dollars as of last year.

While the HSA's rise in popularity is primarily due to utilizing pre-tax dollars for qualified medical expenses, most people are not aware you can use your HSA savings as retirement money.

However, there are rules. Watch this presentation to learn more about HSAs, qualification requirements, benefits, and disadvantages. After the presentation, you might agree that an HSA is the best retirement vehicle ever!

About the Speaker: Gordon Nesbit, CFP®, CIMA®, RMA®, CRPS®, CPFA is a financial advisor at Hurlow Wealth Management Group. As a Fee-Only investment advisor, Gordon helps a select group of individuals, families, and businesses manage their financial affairs. By taking a customized approach to wealth management and developing financial strategies, he helps his clients build, manage, preserve, and transition their wealth.

Hurlow Wealth Management Group, Inc. is a Registered Investment Adviser. Advisory services are only offered to clients or prospective clients where Hurlow Wealth Management Group, Inc. and its representatives are properly licensed or exempt from licensure. This presentation is solely for informational purposes. Past performance is no guarantee of future returns. Investing involves risk and possible loss of principal capital. No advice may be rendered by Hurlow Wealth Management Group, Inc. unless a client service agreement is in place. Hurlow Wealth Management Group, Inc. does not provide tax or accounting advice, legal advice, trust/ estate planning advice or insurance advice; Please consult your other professional advisors with questions about your specific situation.