Medical costs continue to spiral higher. Our firm works with clients on both sides of the employer/employee perspective. We see both frustrated by the high cost of medical benefits.
A Health Savings Account (HSA) is a rare type of account where you can get a tax deduction when you put the money in and then pay no tax when you take the money out for qualified medical expenses.
One of every 10 patients in the United States consumes 60% of the health-care costs. The other nine would benefit from an HSA.
Although we do not directly manage any Health Savings Accounts, we do provide consulting for clients who own them. We have a very robust understanding of how they work and can help our clients:
- Find a low-fee custodian
- Design an asset allocation from available funds
- Develop a contribution plan
- Switch to Medicare
HealthSavings Administrators HSA Investment Recommendation
A low cost timeless portfolio for your HSA with HealthSavings Administrators.
You Should Fund Your HSA for The Maximum
We recommend that you fund your Health Savings Account (HSA) to the maximum limit each year and that you keep funding it to the maximum as long as you can no matter how much money you have in the account.