About this episode
James introduces the problem of saving for medical expenses in retirement and explains the concept of the Health Savings Account. In this brief episode, James lays out some of the basics of the HSA, including its framework and operation. James points out that the HSA is one of the easiest ways to save and accumulate money tax-free, whether saving for health expenses or not. He encourages listeners to consider an HSA for retirement spending needs because of its easy growth. He mentions that HSAs are only available to people who participate in a high-deductible health plan. Your decision to participate in a high-deductible plan is a separate conversation, though, so you could say this advice is for people with high-deductible plans only. LET'S CONNECT! Facebook LinkedIn Website ENJOY THE SHOW? Don't miss an episode, subscribe via Apple Podcasts , Stitcher , Spotify , or Google Play Have a question you want answered on a future episode? Submit it here Create Your Custom Strategy ⬇️ Get Started Here. Join the new Root Collective HERE!