Otherwise known as HSAs, these tax-advantaged accounts are established for individuals and families to save for qualified health care expenses.

In order to contribute to an HSA, you must:
  • Have a current plan with a high deductible
  • Not have other healthcare coverage, including Medicare
  • Not be considered a dependent on another person’s tax return

The Benefits:

  • Tax-free earnings and withdrawals provided the funds are used for qualified medical expenses.
  • If you change health care plans, you do not lose your funds.
  • Funds in the account continue to accrue until they are needed; you are not required to take yearly distributions.

Self-directed health savings plans enable plan owners to acquire alternative investments using account funds — gaining the potential to increase the capital in the account. Alternative assets include real estate, precious metals, oil and gas options, and more.

Contact us today to learn more!