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Showing posts with the label hsainvestment

How to Self-Direct Your Health Savings Account (HSA): A Comprehensive Guide

Self-direct your HSA and invest in what you know. Listen as Mark shows how he uses his HSA to invest in owning Cows, Hay, Crypto Mining, and a rental in Chicago that he bought ten years ago. Mark explains how his rental in Chicago paid for his daughter's braces. Mat uses his HSA to invest in public stocks and crypto. Why an HSA? You get a tax deduction when you put money in and it comes out when you have medical tax-free at any age. This is the only deal out there where you get a tax deduction on the way in, tax-free growth, and it comes out tax-free for health care expenses. This is an essential strategy that should be used by both low and high-income investors as there are no income phaseouts. Articles and Videos referenced in the show: "Three Unique Benefits of Health Savings Accounts You Never Knew" "Last Chance to Write-off an HSA for 2020" "Back Door Roth IRA Rules and Steps" "The Coverdell ESA or Educational IRA: The Hid