Older Americans Are Missing Out on This Valuable Retirement Savings Plan

·3-min read
Older Americans Are Missing Out on This Valuable Retirement Savings Plan

Many seniors find that once retirement kicks in, healthcare becomes their greatest monthly expense, surpassing even housing. The good news is that people who sock money away in a health savings account, or HSA, can access tax-free funds to cover medical care during retirement. The bad news, however, is that more than half of older Americans aren't taking advantage of the opportunity to fund an HSA.

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