July 27, 2017

REFORM, NOT REPEAL:

Will Health Savings Accounts Be the New 401(k)? (Mark Miller, July 22, 2017, Fiscal Times)

Will health savings accounts be the new 401(k)?

Boosters of health savings accounts (HSAs) in the financial services industry and in the U.S. Congress think so. They argue that the tax advantages of health savings accounts (HSAs) make them a superior option for saving - especially to cover the rising cost of healthcare in retirement. And expansion of access to HSAs and contribution limits have been a centerpiece of most Republican health reform plans ricocheting around Washington this year.

Congress would use its time better by tweaking and figuring out how to fund HSAs.

Posted by at July 27, 2017 7:12 AM

  

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