Health savings accounts (HSAs) provide a tax-advantaged way to pay for medical expenses. But once you enroll in Medicare, contributions must stop. You can still use existing funds in the account.

Health savings accounts (HSAs) are a valuable and highly tax-advantaged tool for covering medical expenses. When you transition to Medicare, which most Americans become eligible for at age 65, you can ...

MSAs and HSAs are tax-exempt savings accounts that can help lower your healthcare costs. HSAs come with non-Medicare private plans, whereas MSAs come with Medicare Advantage (Part C) plans. If you’re ...

Some people have high deductible health plans (HDHPs) that are generally accompanied by health savings accounts (HSAs). The funds in these accounts can go toward eligible medical expenses. When a ...

There’s an increasing dilemma for clients who choose to work even after they’ve reached retirement age, particularly after age 65. The issue is that these clients can no longer make tax-deductible ...

Caught at the intersection of two developing workplace trends is a little-known but critical issue for aging baby boomers: the impact of Medicare on health savings accounts. “Medicare and its impact ...

I’ll be 65 in a few months. I work full time, have a high-deductible health plan through my employer and contribute to a Health Savings Account (HSA). I recently learned you can’t continue ...

Preparing payments for health plans can be complicated, particularly if you are signing up to a new health plan for the first time. Medicare is treated as a health plan, and so you need to take into ...

The latest episode of "Ask the Hammer" featuring Jeffrey Levine from Buckingham tackles a complex question about Health Savings Account (HSA) contributions when one spouse enrolls in Medicare. Watch ...

Since Medicare won’t pay for all of your future healthcare needs, it’s a good idea to contribute to an HSA during your ...

We can say two things for sure about the American workforce and its health insurance. First, more Americans are working past the traditional retirement age of 65. Second, more are taking advantage of ...