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Feature Article July 26, 2010
Build Your Retirement Savings With Your Health Care Savings Account
- July 26, 2010, 2:12 pm
Health Savings Accounts are an excellent way to build a second retirement account. These tax-favored accounts, which have only been available since January of 2004, can be opened by anyone with a qualifying high-deductible health insurance plan. Once you open an HSA account, you can place tax-deductible contributions into it, which grow tax-deferred like an IRA. You may withdraw money tax-free to pay for medical expenses at anyFeature News
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