Timothy Sumer

Do you have a tax-efficient retirement income strategy that all tax-saving strategies available to you like an HSA? You can schedule an appointment with one of our Retirement Experts to look at your situation and help you plan for your future. Call us at (920) 544-0576 or go to An HSA is your most tax-advantaged account in retirement due to its triple tax advantage. If used properly, the money in an HSA can completely avoid taxes altogether. But as tax-advantaged as this account is while you're alive, it's quite tax disadvantaged after death. Health Savings Accounts can be passed to other persons or entities in one of five ways. An inherited HSA in many cases becomes fully taxable in the year of death. For instance, a non-spouse inheriting this account will have to withdraw the full HSA and pay income taxes on the full amount. This can drive any heir into higher brackets pretty quickly. So what can a retiree do? First, fully utilize the HSA while stil...

Do you have a tax-efficient retirement income strategy that maximizes your after-tax wealth? HSA accounts can be an important part of this strategy. You can schedule an appointment with one of our Retirement Experts to look at your situation and help you plan for your future. Call us at (920) 544-0576 or go to Are you utilizing the most tax-advantaged retirement account currently available? This account is called a Health Savings Account (otherwise known as an HSA). HSAs can offer retirees triple tax savings. 1. Tax Deduction on a Contribution 2. Tax Free Growth 3. Tax Free Withdrawals if used for qualified expenses 1, 2, 3 - Triple Tax Advantage Right now, no other account can offer this to retirees! In this video, we discuss all things Health Savings Accounts. We will talk through: ✅ What is an HSA and what are HSA benefits? ✅ How do the Triple Tax Savings work? ✅ What are HSA qualified expenses? ✅ What are the HSA rules and what is...