With its triple-tax benefits, the humble HSA emerges as a retirement savings powerhouse

by John Russell | Originally posted on Indianapolis Business Journal

Over the past two decades, HSAs have grown into a huge industry, surpassing $100 billion in assets in 2022, as more Americans have taken advantage of the plans. Increasingly, benefits brokers and personal-finance experts are advising people to consider using cash to pay for health care and investing the HSA funds for decades. Why? Because investing HSA funds for the long term can leverage so-called “triple-tax” benefits, which can stretch money even further.