Here's What You Need to Know About Medicare If You're Saving In an HSA for Retirement
There are different tools you can use to save money for retirement. Workers commonly contribute to IRAs or 401(k)s in the course of setting themselves up for the future. But if you're eligible for a health savings account, or HSA, then it pays to take advantage of that option.
An HSA is technically not a retirement savings plan like a 401(k) or IRA. That's because you can take an HSA withdrawal at any time to cover qualified healthcare expenses.
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Source Fool.com