2 Big Expenses Seniors Can Use an HSA For...and One Big One They Can't
People with health savings accounts (HSAs) are generally advised to do their best to keep that money invested during their working years and reserve the bulk of it for retirement. Doing so allows them to capitalize on tax-free growth.
Also, many people find that their healthcare costs end up rising a lot in retirement. So having money in an HSA can ease that burden at a time when seniors tend to shift over to a fixed income.
Image source: Getty Images.
Source Fool.com
