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Financial + Investment + Retirement Blog

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What Are the Benefits of an HSA?

HSA plans offer triple tax-free benefits: money is deposited on a pre-tax basis, grows tax-free and can be withdrawn without paying taxes as long as the money is spent on health and medical expenses. In addition, an HSA does not require future Required Minimum Distributions (RMDs) at age 73 like IRAs and 401(k)s.

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