ComplianceMnthlyRecap MH 5.16.22

Vicki Randall

Compliance Specialist at Compliancedashboard, a UBA Certified Solution

Recent Posts

Using Your Health Savings Account

Posted by: Vicki Randall    Jun 14, 2018 12:49:18 PM

coins-currency-investment-insurance-128867According to recent estimates by Fidelity Investments, a couple will incur an estimated $280,000 worth of medical expenses after turning 65 years of age. They estimate this cost every year and when they publish it, I can’t help but have an anxiety spike as I ponder the reality of that number. Even if they are off and have over-estimated by 50%, the remaining number is still very hard for me to swallow. And, as anxiety has habit of doing, it sends me into panic mode and I scramble to reevaluate my retirement planning in an attempt to ward off the eventual doom and gloom that has settled on the far horizon of my life.

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Topics: retirement savings, health savings account, HSA