5 Savings Accounts That Give You Big Tax Breaks

5 Savings Accounts That Give You Big Tax Breaks

Six in 10 Americans were worried about paying for their healthcare costs in 2016, while 64% of Americans said retirement savings was a top concern, according to a Gallup poll .  Concern about these costs is definitely understandable, as Americans are woefully behind on putting enough aside for retirement, and healthcare costs have continued to steadily rise. 

Retirement savings.

There is a bit of good news, though: There are accounts you can use to get tax breaks to pay for healthcare expenditures, retirement, and also a college education for your kids. In fact, here are five key savings accounts you can take advantage of to get generous tax breaks. 

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Source: Fool.com