In this course you will learn the huge potential for savings, building wealth, and providing your family protection by utilizing health savings accounts (HSA). These magic accounts help accelerate savings and protection, reduce tax burden every year that you have one, and enable you to retire early. These funds never fall into "use or lose" and can be invested for maximum savings potential. At a certain point, the funds no longer need to be used on health expenses! Learn how to afford healthcare for chronic conditions or sudden large costs (unexpected bill, surgery, injury, IVF, etc.) by front-loading savings, trustee-to-trustee transfers, or a once in a lifetime IRA rollover. Learn what qualifies you to have an HSA, FSA (Flex Savings Account), or how to pair an HSA with a LPFSA (Limited Purpose Flex Saving Account). Learn how to compare HSA provider/bank options and what documentation you need to keep. See the potential with real-life examples.
The basics of health and life insurance will be discussed, as well as their purposes and importance. What should you do if you've been denied life or other insurance coverage? There are plenty of options, and a great one is opening an HSA. There is a medical expense tracking log included in the materials, and LOTS of tips and tricks on saving money along the way.
Learn how HSAs integrate perfectly into costs we all will face later in life, whether related to health care, long-term care, Medicare premiums, medications, or even over the counter treatments. Learn how, and why, HSAs should be integrated into your retirement and wealth building plans.