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HSA: the most underrated retirement account in America

Triple tax-free, no use-it-or-lose-it, and an investing powerhouse if used right.

6 min read
HSA: the most underrated retirement account in America

The HSA is the only account in the U.S. tax code that's tax-deductible going in, grows tax-free, AND comes out tax-free for qualified medical expenses. Nothing else does all three.

The stealth retirement strategy: max your HSA every year ($4,300 individual / $8,550 family in 2025). Pay current medical expenses out of pocket if you can. Invest the HSA balance for decades. Save your medical receipts forever — you can reimburse yourself any time, even 30 years later, completely tax-free.

After age 65, HSA funds can be used for any expense at ordinary income rates (just like a Traditional IRA), with no penalty.

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