HSA Calculator

Calculate your Health Savings Account growth with the triple tax advantage: tax-deductible contributions, tax-free growth, and tax-free withdrawals for medical expenses.

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Triple Tax Benefit

The HSA Triple Tax Advantage

An HSA is the only account with three tax benefits: contributions are tax-deductible (like a Traditional IRA), investments grow tax-free (like a Roth IRA), and withdrawals for qualified medical expenses are tax-free. After age 65, you can withdraw for any purpose (taxed as income, like a Traditional IRA) — making it a stealth retirement account. The optimal strategy: contribute the max, invest the balance in index funds, pay medical expenses out-of-pocket now, and let the HSA grow for decades. At 65, use it for Medicare premiums and medical expenses tax-free, or as a supplemental retirement account. Compare with your 401K and Roth IRA.

2025 Contribution Limits

Self-only: $4,150. Family: $8,300. Age 55+ catch-up: additional $1,000.

Frequently Asked Questions

Is an HSA better than a Roth IRA?
For medical expenses, yes — HSA gets a tax deduction AND tax-free withdrawals. After maxing your 401K employer match, many advisors recommend maxing your HSA before your Roth IRA.
Can I invest my HSA balance?
Yes, most HSA providers allow you to invest in mutual funds and ETFs once your balance exceeds a threshold (typically $1,000-2,000). The invested portion grows tax-free.

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