Monday, April 5, 2010

Using Health Savings Accounts to Save for Retirement

Source: Employee Benefit Research Institute

'The Use of Health Savings Accounts for Health Care in Retirement,' and 'Tax Expenditures and Employee Benefits: Estimates from the FY 2011 Budget'

April 2010, Vol. 31, No. 4
Paperback, 12 pp.
PDF, 371 kb
Employee Benefit Research Institute, 2010

Download Notes PDF pdf

This research shows that while HSAs can be used to save for health care expenses in retirement, the maximum savings that can be accumulated in an HSA will be far from sufficient to fully cover the savings needed in retirement for insurance premiums and out-of-pocket expenses.

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