The Best Retirement Account You've Never Heard Of - by Matt Becker/ The Simple Dollar/ thesimpledollar.com
"It's the only account that offers a triple tax break if you use it properly.
If you’ve done any research into saving for retirement, you’ve almost certainly heard of the most commonly recommended retirement accounts: The 401(k). The traditional IRA. The Roth IRA. Or if you’re self-employed, maybe you’ve looked into the SEP IRA or solo 401(k).
That’s the standard lineup. And they’re all great retirement accounts. They offer big tax breaks that make it easier to save your money efficiently and reach your long-term goals sooner.
But there’s one account that’s missing from that list. One account that almost no one ever talks about, but that can actually be the most powerful of them all if you know how to use it. One account that allows you to save your money completely tax-free.
The best retirement account you’ve never heard of is the health savings account..."
Richard
"It's the only account that offers a triple tax break if you use it properly.
If you’ve done any research into saving for retirement, you’ve almost certainly heard of the most commonly recommended retirement accounts: The 401(k). The traditional IRA. The Roth IRA. Or if you’re self-employed, maybe you’ve looked into the SEP IRA or solo 401(k).
That’s the standard lineup. And they’re all great retirement accounts. They offer big tax breaks that make it easier to save your money efficiently and reach your long-term goals sooner.
But there’s one account that’s missing from that list. One account that almost no one ever talks about, but that can actually be the most powerful of them all if you know how to use it. One account that allows you to save your money completely tax-free.
The best retirement account you’ve never heard of is the health savings account..."
Richard
The Best Retirement Account You've Never Heard Of
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