We all know how much David loves a Roth IRA, so when he said in a previous podcast that an HSA was even better, this caught a few people by surprise. When you contribute to an HSA or health savings account, you get a tax-free account with a tax deduction for putting money into. This account is only available if you have a high deductible healthcare plan though. David shares what you need to know about this account in response to a listener question.
Here are the listener questions David answers on today’s podcast:
- Mailbag: What makes an HSA better than my Roth IRA?
- Mailbag: Following Silicon Valley Bank, should I be worried about investing at my bank?
- Mailbag: Will my late husband’s stretch IRA pass on to me as a stretch IRA as well?
For additional resources or to contact David, visit us online at http://coveryourassetskc.com or call 913-317-1414.
Version: 20240731
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