The theme this week on the Retirement Quick Tips Podcast is: Best Retirement Savings Accounts in 2022...And How To Fund Each One. I’m talking about which accounts you’ll want to save in first, which accounts should be lower on the priority list and in which order you’ll want to save in each one.

Today, I’m talking about the first account you’ll want to fund in 2022 - your health savings account.

• Why the HSA - triple tax benefit
• Don’t leave it in cash…max the growth potential with investing it
• Eligibility is dependent on a HDHP
• Minimum = fund up to the match
• Maximum = $3,650: Annual HSA contribution limit for individuals
• Those with family plans will be able to stash up to $7,300 in their health savings account in 2022
• Employees 55 and older can contribute an extra $1,000 to their health savings account in 2022

That’s it for today. Thanks for listening! My name is Ashley Micciche and this is the Retirement Quick Tips podcast.

Subscribe on Apple Podcasts: https://apple.co/2DI2LSP

Subscribe on Amazon Alexa: https://amzn.to/2xRKrCs

Visit the podcast page: https://truenorthra.com/podcast/

Tags: retirement, investing, money, finance, financial planning, retirement planning, saving money, personal finance