If you're hoping to build retirement wealth in a health savings account, it helps to have a game plan.
There's growing buzz and excitement around health savings accounts, or HSAs, Peter Stahl, a certified financial planner and president of Bedrock Business Results, told advisors last week at Schwab IMPACT 2017 in Chicago.
No wonder: HSAs have a triple tax advantage. Contributions are tax-deductible, typically grow tax-free and can be withdrawn without incurring taxes so long as you use them for qualified medical expenses. To use an HSA, you must be enrolled in a qualifying high-deductible health insurance plan.