Talk of The Villages Florida - View Single Post - HSAs in Retirement- No Tax Advantage?- No Point?
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Old 11-18-2022, 09:19 PM
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Quote:
Originally Posted by retiredguy123 View Post
I am not an expert on HSA's, but it seems to me that you could deposit the money into a Fidelity Investment account, and buy CDs or bonds and let the money accumulate tax free. You don't need to spend it until you need it. And, as long as you eventually use the money for qualified medical expenses, the earnings would not be taxed. I would suggest calling Fidelity and asking them what investment options you would have with their HSAs accounts. They also have an office at Lake Sumter.
Fidelity is the best for HSAs (google Moringstar review of HSAs). Fidelity charges no fees for the HSA account, and offers some zero to low cost investment options.