A Health Savings Account (HSA) is a triple-tax-advantaged account: contributions are pre-tax, growth is tax-free, and qualified medical withdrawals are tax-free. Available only with High-Deductible Health Plans (HDHP — $1,650/$3,300 minimum deductible for 2026). Contribution limits: $4,400 single / $8,750 family, plus $1,000 catch-up at age 55+. Unused balances roll over indefinitely. Best wealth strategy: pay current medical expenses out-of-pocket while letting HSA invest and grow for decades, then reimburse yourself decades later. After age 65, withdrawals for non-medical expenses are taxed as ordinary income (no penalty) — equivalent to a Traditional IRA.
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HSA
August 22, 2026 · Aditya Gupta
Investing
Related terms
401(k)
A 401(k) is an employer-sponsored retirement plan where employees contribute pre-tax salary that grows tax-deferred until withdrawal. The…
Active Management
Active management is the attempt to outperform a benchmark through stock selection, sector rotation, market timing, or any…
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