2 thoughts on “Utilizing A Health Savings Account (HSA) As A Health Care Cost Containment Play While Augmenting Retirement Savings

  1. Can a retired person using a non-corporate health insurance plan also qualify for a health savings account?

    1. Hi Richard

      If you're enrolled in Medicare and/or you're not utilizing a HDHP, you cannot contribute to an HSA, If you're retired and utilizing a HDHP and have an existing HSA, you can make contributions into the account. HSAs become much more complicated when entering into the retirement age and the interplay between Medicare, Social Security, employment status (whether or not you have access to an employer sponsored HSA) and the type of health plan can be tricky to navigate. Check out the AARP website for useful information regarding FSAs and retirement.

      Thanks for the comment, Noah

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