Health Savings Accounts: Helping Cover Medical Costs in Retirement

Healthcare and medical costs are the biggest expenses retirees pay into. And because of that, this week Dave brings on Roy Ramthun, Mr. HSA to discuss what exactly a health saving account is. As a sound tool for your retirement, Dave and Roy cover how you can qualify for HSAs and how you are able to contribute--even covering what you can use the money within your HSA for and its limitations. Tune in as Dave and Roy cover the impact of inflation on health care costs, how HSAs are a great strategy to use for retirement, and even how the account can be transferred should you pass away with funds left.