Health Savings Accounts, also known as HSAs, are powerful, triple-tax-advantaged savings tools. Contributions to HSAs are tax deductible, grow tax-free, and can be withdrawn tax-free as long as they are used for qualified medical expenses as defined by the IRS. It doesn’t get much better than that!
There are many valid concerns people have about talking with a financial advisor. Chances are if you aren’t having these concerns now, one of these thoughts has at least crossed your mind in the past. Maybe you’ve heard about negative experiences from friends or family, or maybe you’ve worked with an advisor that led you to think a certain way about all financial planners. Instead of ignoring it, let’s talk through each reason you may not want to talk with a financial advisor.