How to Turn Your HSA Into a Shadow Roth IRA

The HSA “Shadow Roth IRA” Strategy: How to Turn Medical Receipts Into Future Tax-Free Income.

Health Savings Accounts (HSAs) are uniquely “triple tax advantaged” accounts. And there are more ways than one to ues them effectively. Today we'll walk through three levels of using an HSA and dive into an advanced planning strategy we're dubbing the "Shadow Roth IRA" (or "Level 3").

📌 RESOURCES

Visit our website to request a complimentary strategy assessment: https://www.abundancewm.com/contact

TIMESTAMPS

00:00 Introduction

02:15 Key Terminology

05:04 Level One: Spend As You Go

06:58 Level Two: Invest And Grow

11:31 Who Should Try Level Three

12:52 Level Three: Shadow Roth Receipt Strategy

16:25 Early Retirement Tax Planning

18:44 Documentation And Penalties

21:14 Wrap Up And Next Steps

Hosted on Acast. See acast.com/privacy for more information.