Did you know that money accumulated in an HSA account can be used to pay Long Term Care (LTC) insurance premiums? That’s right! Money going into an HSA is free of taxes so the premiums for an LTC are paid tax free. Then, when it comes time for the policy to begin paying for those expenses, the benefit is also tax free. What a country!
For more help with your planning, we can be a real asset. And remember, it is never too early to create a plan for your future health care needs. Staying in denial is not a good plan.