Many workers take advantage of their tax-exempt status to slowly fund large medical expenses like LASIK, braces or unexpected emergencies. But for seniors in particular, there are more benefits to an HSA than meet the eye. After all, as Marc explains in this tell-all video... This is where the power of income investing kicks in... Even if you are lucky enough to not need to take advantage of your HSA's financial benefits for healthcare expenses this year, the money will roll over into next year. In the meantime, you can use the funds to help secure your health in retirement by holding them in income-generating investments, like Perpetual Dividend Raisers. Then, let compounding and dividend reinvestment work their magic. As long as you use the funds to take care of healthcare-related costs, they will never be taxed. Instead, you'll create a self-sustaining medical rainy day fund that could change the game in retirement when the healthcare costs start piling up. You can see why it's one of Marc's favorite strategies... Watch his latest video for all the details. Good investing, Mable P.S. For more of Marc's go-to strategies for saving on taxes and building income, take a look at his e-book "101 Ways to Grow and Protect Your Retirement Savings," which is available to all Wealthy Retirement readers. It's completely free and packed with no-nonsense tips for building the retirement you deserve. Check it out now. |
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