Women face more challenges when it comes to savings and retirement. It is primarily because women encounter a wage gap that follows them into their retirement years. Women only have 70% of the overall income in retirement that men enjoy. Many in that age group have no retirement savings at all. In light of these facts, women need to plan for their retirement and consider health savings accounts (HSA) as a tool to help them achieve their goals and set themselves up to be financially secure.
The HSA and F.I.R.E. aim to help one retire decades before the customary retirement age. Learn how HSAs can help you reach your goals faster.
Taking your employees on a journey from spenders to savers to investors requires thinking about how you structure the plan itself—a quick look at the possibilities. Seed, Match, and Reward.
A Health Savings Account (HSA) or a Flexible Spending Account (FSA) allows people to contribute pretax dollars for qualified medical expenses such as copayments and deductibles.
A Health Savings Account, or HSA, is a tax-advantaged savings account. An HSA account holder can use it to pay for out-of-pocket qualified medical expenses for themselves and their dependents.