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Benefits of Having an HSA

Health savings accounts offer a triple tax advantage.

By Motley Fool Retirement Team – Updated Dec 4, 2024 at 5:12PM

Key Points

  • HSAs offer triple tax advantages, distinguishing them from other retirement accounts.
  • You can use HSA funds anytime for eligible medical expenses, with no income limits.
  • At 65, you can withdraw HSA funds for any purpose penalty-free, enhancing retirement flexibility.
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