The Secret Retirement Account MILLIONAIRES Use (HSA Explained) #investing #shorts

Most people focus only on 401(k)s or IRAs… but they’re missing one of the best retirement accounts out there: the HSA.

Here’s why it’s so powerful:
👉🏾 Contributions are tax-deductible
👉🏾 Growth is tax-free
👉🏾 Withdrawals for qualified medical expenses are tax-free
👉🏾 And after age 65, it works like a traditional IRA — so you can use it for any expense!

Used correctly, an HSA can grow into a six-figure account that saves you thousands in taxes and supercharges your FIRE journey.

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DISCLAIMER:
We are not financial advisors. Our videos are for educational purposes only and merely cite our own personal opinions. In order to make the best financial decision that suits your own needs, you must conduct your own research and seek the advice of a licensed financial advisor if necessary. Know that all investments involve some form of risk and there is no guarantee that you will be successful in making, saving, or investing money; nor is there any guarantee that you won't experience any loss when investing. Always remember to make smart decisions and do your own research!

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Видео The Secret Retirement Account MILLIONAIRES Use (HSA Explained) #investing #shorts канала Our Rich Journey