Everything You Never Thought You Needed to Know About Health Savings Accounts

In our latest installment of The Money Guy Show, we’re tackling the topic of Health Savings Accounts. Now, upon first hearing the words “health savings account” you might be thinking you don’t need one of those. Listen in, because Brian and Bo unpack this incredibly useful type of savings account and you won’t believe the benefits they reveal!

Knowing how much your financial well-being and financial independence is impacted by the rising cost of healthcare, Brian and Bo knew this topic was perfect to address before open enrollment in November.

In this episode, allow Brian and and Bo to be your tour guide on the (more interesting than you’d think) journey through the wild west of health savings accounts.

We talk about:

• What HSAs are and why we think it’s a great option to consider
• Why HSAs are good for saving for the future and building financial independence
• The triple tax advantage of HSAs
• How to put what you learn about HSAs today into action
• Big picture impact of health care costs over your lifetime

Resources We Mentioned On the Show

Here are the resources we shared on the show to help point you on the right direction for your research:

http://www.hsarates.com

https://www.hsasearch.com

For ease of use, convenience, low cost and decent yield:

Stanford Federal Credit Union – https://www.sfcu.org

Health Savings Administrators – http://healthsavings.com

HSA Bank – http://www.hsabank.com

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