Category Archives: HSA (Health Savings Account)

Put Your Health Savings Account on Steroids through Self-Direction

We’ve written before about the benefits of having a self-directed health savings account (HSA) as another way to enjoy tax-advantaged retirement savings and help you cover out-of-pocket medical expenses. As an investment account, you might find—especially if it’s self-directed—that you can build up a healthy retirement nest egg with an HSA. If you participate in…
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Staying Fit in Retirement Could Mean a Healthier IRA Future

An article on Bloomberg.com recently cited that Fidelity Investments has estimated a 65-year-old couple who retired in 2014 would need, on average, $220,000 to cover out-of-pocket medical costs over the course of their retirement. This figure assumed there is Medicare insurance but no (additional) retiree health-care insurance through a former employer. (Add to that figure another…
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Don’t Trip Yourself Up on the Road to Retirement Savings

Baby boomers who are reaching or have reached retirement age can look forward to about 20 years (or more) in retirement. According to the Social Security Administration, one quarter of Americans who are age 65 today will reach age 90, and 10 percent will live past age 95. That’s a lot of time for enjoying…
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Retirement Never Looked so Healthy

How can a 13-year-old help you have a healthy retirement? If it’s a Health Savings Account (HSA), it is relatively easy. What are HSAs? This year marks the 13th anniversary of HSAs. These accounts were created in 2003 to allow individuals covered by high-deductible health plans (HDHP) to receive tax-preferred treatment of money saved for…
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How To Set Up A Self Directed IRA

Looking to estabish a Self Directed IRA, Self Directed Retirement Plan, or Real Estate IRA? Next Generation Trust Services, a self directed IRA administrator based out of Northern New Jersey, presents the basic steps to filling out the application paperwork to get your self-directed retirement account open! Control Your Future, Today!
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