Home » Blog » Retirement Planning » Your Guide to Health Savings Accounts

Your Guide to Health Savings Accounts

June 27, 2018

Health savings accounts can not only cover health care costs but also serve as a powerful tool for retirement planning.

This white paper has been updated to reflect changes to the program for 2019.

In a new white paper, Brighton Jones advisor Tim Amen, CFP® offers an in-depth look at both the mechanics and potential benefits of health savings accounts (HSA):

“As health insurance costs have continued to increase, more individuals and employers have shifted from co-pay health care plans to lower-premium, high-deductible health plans.

“Many of these plans have the advantage of allowing participants to offset the higher deductible cost with the ability to utilize a health savings account for pre-tax or tax-deductible contributions and tax-free withdrawals for qualified medical expenses.”

The guide covers a number of key questions and topics, including:

Who is eligible?
Contributions
Distributions
Beneficiaries
HSA for retirement planning

Explore the full white paper:
More Than Meets the Eye: Your Guide to Health Savings Accounts

Read more from our blog:

female business owner boutique shop qualified small business stock

Investment Advisory

How Can You Benefit From Investing in Qualified Small Business Stock?

If you invest in a local enterprise or family-owned firm, you can access tax benefits by purchasing shares of qualified small business stock..

August 4, 2021

cory clayville cook for your life bowl of vegetables

Compassion, Community, and Culture

Talent for Good Interview Series: Corry Clayville

Cory Clayville found the intersection where her skill set and passion could come together to support cancer patients and survivors.

July 26, 2021

Cash Management and Budgeting

Budgeting and Investing for Young Adults

Learning about finances is a key step in young adults developing life skills and starting to think about their own financial wellbeing.

July 1, 2021

IMPORTANT DISCLOSURE INFORMATION

Please remember that past performance may not be indicative of future results. Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment, investment strategy, or product (including the investments and/or investment strategies recommended or undertaken by Brighton Jones LLC), or any non-investment related content, made reference to directly or indirectly in this blog will be profitable, equal any corresponding indicated historical performance level(s), be suitable for your portfolio or individual situation, or prove successful. Due to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained on this blog serves as the receipt of, or as a substitute for, personalized investment advice from Brighton Jones LLC.

To the extent that a reader has any questions regarding the applicability of any specific issue discussed above to his/her individual situation, he/she is encouraged to consult with the professional advisor of his/her choosing. Brighton Jones LLC is neither a law firm nor a certified public accounting firm and no portion of the blog content should be construed as legal or accounting advice. A copy of the Brighton Jones LLC’s current written disclosure statement discussing our advisory services and fees is available for review upon request.

Brighton Jones is not affiliated with Facebook, Twitter, LinkedIn, Google+, YouTube or other social media websites and we have no control over how third-party sites use the information you share. Please remember that you should never communicate any personal or account information through social media and it is important to familiarize yourself with their respective privacy and security policies.