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Have an HSA? GIVE IT AN UPGRADE!

Do you make contributions to a plain old Health Savings Account??

Turn your HSA account into a Health Investment Account direct with either Fidelity or using Lively.com to access an Ameritrade self-directed brokerage account w/ access 13K Mutual Funds. HSA is a ROTH IRA on steroids with a Triple Tax Savings. Contributions are pre-tax, money gains grow tax free, and money is withdrawn tax free for qualified medical expenses.

HSA Investment Fact Sheet

  • 2021 Max Contribution Limits: $3,600 Individual $7,200 Family. Money rolls over every year

  • A growing number of Americans are now participating in HSAs---some 26.3 million, up from just 1.5 million in 2005

  • Only 6% of HSA accounts are being used to maximize their earnings potential

  • Contributions are 100% tax deductible for Federal; a 25% Income Tax Rate would save an individual $887 a year

  • Growth on gains @10 % in a mutual fund over 20 Years contributing annual max grows to $226,000 for an individual

  • Growth on gains @10 % in a mutual fund over 20 Years contributing annual max grows to $453,000 for a couple or family

  • Withdraw for Qualified Medical Expenses can be taken out anytime tax free

  • After 65 money can be withdrawn with no penalty for non-medical expenses; you will just pay ordinary income tax

  • After 65 use your money for a list of medical expenses including Medicare Premiums as well as Long Term Care tax free

  • Save medical receipts while on the HSA plan & let your contributions compound for max growth until you turn 65

If you or anyone you know needs help upgrading their HSA we have the experts for you! Contact us today!