Why Most People Are Wasting Their HSA (And How to Fix It)

Get your customized planning started by scheduling a no-cost discovery call: Health Savings Accounts (HSAs) may be the most powerful tax-free retirement planning tool available, yet most people use them completely wrong. If you’re enrolled in a High Deductible Health Plan (HDHP), your HSA could offer triple tax-free growth and a strategic way to fund healthcare and Medicare costs in retirement. Tyler Emrick, CFA®, CFP®, breaks down how to turn your HSA from a simple medical spending account into a long-term, tax-efficient retirement asset. In this video, you’ll learn: HSA eligibility rules, 2026 contribution limits, catch-up contributions, and the December “last-month rule” How High Deductible Health Plans qualify you to contribute Why leaving your HSA in cash limits long-term growth How to invest your HSA using brokerage options The “invest now, reimburse later” strategy to build tax-free retirement liquidity How HSAs can cover Medicare premiums, COBRA coverage, long-term care premiums, and other retirement healthcare costs Have questions? Need help making sure your investments and retirement plan are on track? Click to schedule a free 20-minute call with one of True Wealth's CFP® Professionals. Our website: Phone: 855.TWD.PLAN Contact our team: Check out our other no-cost financial resources here: Watch the show now on YouTube:

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Why Most People Are Wasting Their HSA (And How to Fix It) is an episode from Retire Smarter by Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®.

This episode is 21:21 long.

This episode was published on Feb 26, 2026.

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