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The Real TRUTH About An HSA - Health Savings Account Insane Benefits

1.4M views· 25,746 likes· 20:09· Oct 31, 2022

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***Lively has started charging $24 or forces you to hold a minimum of $3,000 in their HSA. Due to this change, I do NOT recommend them any longer. Please do not use this company. A Fidelity HSA is currently free at this time*** Welcome to the guide on how an HSA can change your financial life forever. In this video, we're going to go over everything you need to know about a Health Savings Account so that you can turn it into the ultimate wealth-building machine. We'll be talking about what an HSA is, the contribution limits for an HSA, how to supercharge your health savings account, how to invest money within your HSA, a comparison of what it looks like if you invest your money vs. not investing your money, triple tax savings on investment income (interest), tips and tricks to maximize a health savings account, mistakes to avoid with an HSA, and much more! My Top ETFs to invest in: https://youtube.com/playlist?list=PLEegDrmYi305M0Oa3oo8_iAV99Tukixcc The 2 and 3 fund portfolios explained: https://youtube.com/playlist?list=PLEegDrmYi3060B8Y4i1fryKeDy5lQfVlH Check out My Recommendations (Purchasing anything here funds the free content on this channel): 📊 Personal Finance Bundle Wait List: https://bit.ly/4bpyTHT Work with an hourly fee financial planner here: https://bit.ly/48mrWaF 📝 Boldin - The retirement planning tool I use to make sure I'm on track with saving for retirement. It's perfect for "Do it yourself" investors https://bit.ly/3EAAhrJ 💬 Sign up for 1 on 1 coaching with me: https://bit.ly/4bAUpYT 📖 Free copy of my Spending Review Spreadsheet: https://bit.ly/48lMVZ1 Affiliate Disclaimer: Some of the above may be affiliate links. Support the channel by signing up or purchasing through those links at no additional cost to you. I appreciate you for helping me keep this channel running Disclaimer: This video is for entertainment purposes only. Everyone's situation is different so do your own research before making any decisions with your money. If you need help then contact a Certified Financial Fiduciary before trying anything that is mentioned in this video. I prefer a Fiduciary financial advisor that charges an hourly fee as opposed to an ongoing fee based on a % of your portfolio. Always remember that incentives determine the type of advice they give you so one that charges an hourly fee is less likely to be problematic.

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