Savvy Senior: The retirement benefits of a Health Savings Account

Dear Savvy Senior,

What can you tell me about health savings accounts? I’ve been reading that they are a great investment that can help with growing health care costs when I retire.

Planning Ahead

Dear Planning,

It’s true! A health savings account is a fantastic financial tool that can help you build up a tax-free stash of money for medical expenses now and after you retire – but there’s a catch....