Category: Retirement Planning

To have a health saving account (HSA), you generally must be covered by a high-deductible health plan (HDHP) at work. HDHPs have become popular in recent years as employers have struggled to keep health benefit costs down.

Compounding of earnings and starting to save early have a tremendously positive effect on how much you accumulate for retirement. But to make the most of compounding, you also need to be smart about taxes.