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Money Girl

HSA Hacks–How to Optimize Your Health Savings Account

Money Girl

Macmillan Holdings, LLC

Entrepreneurship, How To, Investing, Business, Education

4.61.8K Ratings

🗓️ 6 December 2023

⏱️ 16 minutes

🧾️ Download transcript

Summary

Understanding HSA rules and spending strategies can help you maximize their triple tax benefits.

 

Money Girl is hosted by Laura Adams. A transcript is available at Simplecast.

Have a money question? Send an email to money@quickanddirtytips.com or leave a voicemail at 302-365-0308.

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Transcript

Click on a timestamp to play from that location

0:00.0

Jack G says, hi Laura. I recently heard your podcast on HSA's thank you. I believe that

0:12.4

HSA's have a little known feature where I can purchase qualified

0:15.8

items with my money, save the receipts, and reimburse myself even many years later.

0:21.8

This strategy would allow me to grow my HSA dollars tax-free

0:26.1

and then take a distribution down the road. Would you please confirm or elaborate on this?

0:32.4

Jack, thank you for the great question.

0:34.0

I'm sure other money girl listeners and readers would like to know more about

0:38.0

optimizing a health savings account or HSA.

0:41.0

I'll answer your question, review which health plans qualify for an

0:45.4

HSA and discuss strategies to maximize their amazing tax benefits.

0:50.8

Hey everyone, thanks for joining me this week. I'm Laura Adams, a personal

0:55.1

finance expert who's been hosting the Money Girl podcast since 2008 with over

0:59.8

42 million downloads. I'm also a money speaker and work with select brands doing on

1:06.2

camera and writing work as a financial spokesperson and consumer advocate. Reach out

1:11.0

if you want to collaborate for a speaking event or a PR campaign.

1:15.0

As always, you can reach me using my contact page at Laura D Adams.com.

1:20.5

That's also where you can learn more about my work, books, and money courses.

1:24.4

If you've got an idea for a show topic or a specific question like Jack,

1:29.4

call 302-3640-O-8, and leave me a message.

1:35.8

If you're enjoying Money Girl,

1:36.9

before we get started, I would love for you

1:38.7

to take a moment to let us know that you're

...

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