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Fin Plan Dec 2013 - "Tax Free HSA Transfers Provide for Savings"

Fin Plan Dec 2013 - "Tax Free HSA Transfers Provide for Savings"

Fin Plan Dec 2013 - "Tax Free HSA Transfers Provide for Savings"

Excerpt


Tax Free HSA Transfers Provide for Savings


The Health Savings Account (HSA) was originally created to offer a financial incentive for individuals enrolled in a high deductible health care plan (HDHP) to save and help pay for some of their own health care expenses. However, it also offers a tax advantage for retirees who would like to siphon off some of their saved retirement plan assets into an account designed specifically to pay for medical care.



 


 


 



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