Why 2026 Could Be the Biggest Year Yet for Health Savings Accounts
Health Savings Accounts (HSAs) have been around for years, but major changes arriving in 2026 could make them more important than ever for retirement planning and long-term tax savings.
For many Americans, HSAs have traditionally been viewed as simple accounts used to pay doctor bills or pharmacy expenses. But financial professionals increasingly see them as something much bigger: a powerful long-term wealth-building tool with unique tax advantages that no other retirement account can fully match.
In fact, some financial planners now describe the HSA as one of the most tax-efficient accounts available under the IRS tax code.
So why is 2026 being called “the year of the HSA”?
The answer comes down to expanded eligibility rules, growing healthcare costs, and increased awareness of how HSAs can fit into a broader retirement strategy.
What Is a Health Savings Account (HSA)?
A Health Savings Account is a tax-advantaged savings account designed to help individuals pay for qualified medical expenses.
To contribute to an HSA, you generally must be enrolled in a qualified high deductible health plan (HDHP). The account belongs to you personally, not your employer, which means it remains portable even if you change jobs or retire.
Unlike flexible spending accounts (FSAs), HSA funds do not expire at the end of the year. Any unused money rolls over indefinitely and can continue growing over time.
That rollover feature is one reason HSAs have become increasingly attractive for long-term retirement planning.
The Triple Tax Advantage of an HSA
One of the biggest reasons HSAs have gained popularity is their unique “triple tax advantage.”
Here’s how it works:
- Contributions may be tax-deductible – Money contributed to an HSA can reduce taxable income.
- Growth is tax-free – Interest, dividends, and investment gains inside the account grow tax-deferred.
- Qualified withdrawals are tax-free – Funds used for eligible medical expenses are not taxed when withdrawn.
That combination is rare.
Traditional IRAs and 401(k)s provide upfront tax deductions, but withdrawals are taxable later. Roth IRAs provide tax-free withdrawals, but contributions are made with after-tax dollars.
An HSA potentially offers both benefits simultaneously when used correctly for healthcare expenses.
Could HSAs Actually Offer a Fourth Tax Benefit?
Some financial professionals argue HSAs may provide a “quadruple” tax advantage under certain circumstances.
If contributions are made through payroll deductions at work, those dollars may also avoid payroll taxes such as Social Security and Medicare taxes.
That means HSA contributions through an employer plan could potentially reduce:
- Federal income taxes
- State income taxes (in many states)
- Taxes on investment growth
- Payroll taxes
Few financial accounts offer that combination of tax efficiency.
Why 2026 Is Being Called “The Year of the HSA”
Several legislative and regulatory changes are expected to expand HSA accessibility in 2026.
One of the most significant changes affects people enrolled in Bronze-level and catastrophic health insurance plans.
Historically, not every Bronze plan qualified for HSA eligibility. Consumers often had to carefully search for plans specifically labeled as “HSA-compatible.”
Beginning in 2026, broader eligibility rules are expected to allow many more Bronze and catastrophic plans to qualify.
This matters because millions of Americans already choose these lower-premium health insurance plans.
As healthcare premiums continue rising nationwide, more individuals and families have shifted toward high deductible plans simply to keep monthly costs manageable.
The expanded HSA eligibility rules could now allow many of those households to finally access the tax benefits of an HSA.
Why Younger Workers May Benefit the Most
Younger individuals often overlook HSAs because they focus primarily on immediate healthcare expenses instead of long-term retirement planning.
However, younger savers may actually benefit the most from opening and funding an HSA early.
Why?
Because time allows compound growth to work.
If someone contributes consistently to an HSA over 20 or 30 years and invests those funds rather than spending them immediately, the account may grow substantially before retirement.
That growth could later be used tax-free for qualified medical expenses during retirement.
Considering healthcare costs continue increasing, having a dedicated tax-free medical fund may become increasingly valuable.
The Rising Cost of Healthcare in Retirement
Healthcare is one of the largest expenses many retirees face.
Industry estimates often suggest that a retired couple age 65 and older may spend hundreds of thousands of dollars out-of-pocket on healthcare throughout retirement.
Even with Medicare, retirees still face expenses such as:
- Premiums
- Deductibles
- Copays
- Prescription medications
- Dental care
- Vision care
- Long-term care expenses
This is one reason financial planners increasingly view HSAs as a supplemental retirement account specifically designed for future healthcare spending.
Should You Spend Your HSA or Invest It?
One of the most debated HSA strategies involves whether account holders should spend HSA funds immediately or allow them to remain invested.
Many people use their HSA like a checking account for current medical expenses. While that approach still provides tax benefits, some planners prefer a different strategy:
- Maximize annual HSA contributions
- Invest the HSA funds for long-term growth
- Pay current healthcare expenses out-of-pocket if possible
- Allow the HSA balance to compound over time
The goal is to create a sizable tax-free healthcare reserve later in retirement.
Of course, this strategy depends heavily on personal cash flow, emergency savings, and overall financial stability. Not every household can comfortably pay current medical expenses separately while also funding an HSA.
But for those who can, the long-term tax benefits may be substantial.
How HSA Rules Compare to Flexible Spending Accounts (FSAs)
Many people confuse HSAs with FSAs, but the accounts operate very differently.
Flexible Spending Accounts (FSAs)
- Typically employer-owned
- Often subject to “use it or lose it” rules
- Funds may expire annually
- Limited portability
Health Savings Accounts (HSAs)
- Personally owned
- Funds roll over indefinitely
- Portable between jobs
- Can potentially be invested
- Long-term growth potential
That portability and rollover flexibility make HSAs more attractive for retirement-focused savers.
What Happens to an HSA at Retirement?
Once you reach retirement age, HSA funds can continue being used for qualified healthcare expenses tax-free.
Many retirees use HSAs to help pay for:
- Medicare premiums
- Prescription medications
- Doctor visits
- Hospital expenses
- Dental and vision care
However, there are important rules to understand.
Generally, once enrolled in Medicare, individuals can no longer contribute new money to an HSA. Existing balances can still be used, but contributions typically stop.
That means many people may want to maximize HSA contributions during their working years before Medicare enrollment begins.
What Counts as a Qualified Medical Expense?
The IRS maintains detailed guidelines regarding eligible HSA expenses.
Common qualified expenses may include:
- Doctor visits
- Hospital services
- Prescription drugs
- Dental treatment
- Vision care
- Hearing aids
- Certain over-the-counter medications
- Mental health services
Rules surrounding eligible expenses can evolve over time, so reviewing current IRS guidance or consulting a financial professional is important.
And while podcast humor may suggest buying vinyl records with HSA dollars, most purchases still must meet legitimate qualified medical expense standards under IRS rules.
How Direct Primary Care and Telemedicine Fit In
Another important development discussed for 2026 involves direct primary care (DPC) arrangements and telemedicine services.
Direct primary care models often allow patients to pay a monthly membership fee for easier physician access and more predictable care costs.
Historically, certain DPC arrangements created complications for HSA eligibility.
Recent rule changes may make it easier for individuals using direct primary care or telehealth services to remain HSA-eligible.
As healthcare delivery evolves, these changes could make HSAs even more practical for modern consumers.
Potential Drawbacks of HSAs
Despite their advantages, HSAs are not perfect for everyone.
Potential drawbacks include:
- Requirement to enroll in a high deductible health plan
- Higher upfront out-of-pocket medical costs
- Contribution limits
- Penalties for non-qualified withdrawals before age requirements
- Complex IRS rules
For families with extensive medical needs, a traditional lower-deductible insurance plan may still make more financial sense.
Choosing between healthcare plans always requires careful evaluation of:
- Monthly premiums
- Deductibles
- Expected medical usage
- Prescription costs
- Employer contributions
- Long-term financial goals
2026 HSA Contribution Limits
Contribution limits generally adjust annually for inflation.
For 2026, discussed limits include:
- Individual coverage: $4,400
- Family coverage: $8,750
- Catch-up contribution age 55+: Additional $1,000
Married couples age 55 or older may need separate HSAs to maximize both catch-up contributions, depending on how their plans are structured.
Because contribution rules can change, reviewing annual IRS guidance is important before funding an account.
Why HSAs Are Becoming a Bigger Retirement Planning Conversation
Retirement planning today involves much more than simply building investment accounts.
Future retirees must also prepare for:
- Rising healthcare costs
- Longer life expectancies
- Tax-efficient income strategies
- Inflation
- Potential Medicare gaps
HSAs increasingly sit at the intersection of all those concerns.
For some savers, an HSA may function almost like a supplemental retirement account dedicated specifically to healthcare costs.
And because healthcare is one of the few retirement expenses almost everyone will face eventually, planning ahead matters.
Final Thoughts on HSAs and Retirement Planning
Health Savings Accounts are no longer just niche healthcare tools.
As rules evolve and awareness grows, HSAs are becoming a larger part of retirement and tax-planning discussions nationwide.
The combination of tax deductions, tax-free growth, and tax-free medical withdrawals makes them uniquely attractive for many savers.
And with expanded eligibility changes arriving in 2026, millions more Americans may soon gain access to these benefits.
Whether you are already contributing to an HSA or considering one for the first time, understanding how it fits into your long-term retirement strategy can be an important step toward building financial flexibility for the future.
Before making decisions regarding HSAs, health insurance coverage, or retirement planning strategies, consider speaking with qualified financial and tax professionals who can evaluate your specific situation and goals.
Daniel Wendol
Full Transcript
00:00:02
Today we’re going to talk about health savings accounts and how 2026 is going to be the year of the HSA. I want to talk to you about why I think you’re going to get one or if you already have one, I’m going to talk to you about how you should be using it. And I want to talk about this with my friend Tony Shore. Tony, welcome to the show. We’re going to talk about 2026, the year of the HSA. Isn’t that was this past year was the year of the dragon I think and then next year’s year of the
00:00:33
HSA >> and then >> the year of the cat Al Stewart’s song year of the cat. Do you remember that song? >> Yes. The year of the cat. >> Anytime anybody says the year of it’s the year of that’s the only thing I think of is Al Stewart’s song in the year the cat. >> Yeah. >> Do you have that on uh vinyl? >> I actually do. I actually like >> Yeah. He had he had another song called Midnight Rocks. I I like that one even better from a couple years later. But
00:01:02
yeah. Yeah. Al Stewart, a little Al Stewart goes a long way. But I I do like his hits. So yeah. >> So by the end of the show, Tony, I want to talk I want people to be really excited about getting an HSA. And to do that, I think I’m going to teach you how you can buy vinyl or multiple vinyl with an HSA. Oh my gosh. Oh my gosh. Wow. Let’s go. So, >> so [laughter] sounds good. Well, uh I you I always poo pooed. I’ll be honest. I was down on HSAs and I was always negative because
00:01:40
that high deductible. Uh I thought, well, this is just a scam from the insurance company and and my and my employer because uh they pay less, I pay more. I have to use my own money to pay for a 100% of my expenses until I hit this high deductible and put it in an HSA. So, from an actual health insurance standpoint for certain like young families, if they have a lot of health needs or uh if you have a lot of health needs may not make sense depending on your income. So, I was a little down on them until I met you and
00:02:13
we did that show and then I’m like, “Oh, wow. the tax advantages and especially if you have the money to put into them. Uh I mean that account is that’s huge. It’s the only the HSA is the only account in the US tax code or the IRS allows uh the only account designation where you get a triple tax benefit. Right. >> I’m gonna call quadruple to really blow your mind. But yes, >> quadruple. And you did mention, you know, there is some negative to the requirements to
00:02:47
owning to be able to contribute to an HSA, right, regarding the health, but that’s changed too for 26, which is why I’m saying the year the HSA. >> Wow. >> So, real quick, key benefits. Tony mentioned a triple tax benefit. You get to deduct top-of-the-line deduction of whatever you put in the HSA. So if you put a th000 in, it comes off of taxable income before everything else. >> So for that year, you you’re going to it’s just like putting money into a Yeah. into
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>> an IRA. >> Yeah. Or >> it’s like putting money into an IRA >> or traditional 401k. >> Um but it’s also whatever it grows, if you don’t touch it, if it grows gets interest, that growth is taxree. So that’s like a WTH, which is nice. Additionally, whatever you take out of it, when you do take money out of it, it’s taxree like a Roth. >> That’s the kicker. But that’s the kicker. Comes out taxree. You get the tax break at the front up front and a
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tax break when you take it out. So, you’re not ever paying taxes on that money, unlike all other IRS designated accounts like uh an IRA, a 401k, or even a Wroth. Because Roth money, you have to pay taxes. >> You don’t get a tax break on the money before you put it in or that you put in there. You have to pay taxes on it up front. >> You either have to pay taxes on money up front or or when you take it out on the principal and the growth. Uh the IRS wants their money. That’s why an HSA is
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so amazing because the IRS doesn’t get their money. It’s not a joint account with Uncle Sam. >> They don’t. And there’s talk in December 2025 of getting more and more HSA or giving people money in an HSA account. Congress is debating it, but right now it’s available and you said there’s triple. So you the money gets deducted going in, that’s one. Tax-free growth is two. Tax-free withdrawals is three. And I said four. If you have an employer plan and you’re putting tax um you’re
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putting payroll in or the company’s matching into an HSA, which would be really great. [snorts] You’re not paying payroll tax on that money going in. So, that’s the fourth taxation. >> Oh, I never thought of that. So, you don’t pay you don’t pay pay any of the payroll taxes on money you put into an HSA, >> correct? Ever. Right. >> Wow. >> So, the other benefits are this rolls over. So if you don’t spend it that year, unlike an FSA, it continues. And
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so you can put money in an HSA into another benefit. Another benefit >> and then not touch it for 10 years. It stays with you and it grows >> and you get compounding interest. It grows and it all comes out taxree. Now the the hitch there, people say, “Well, I have to spend it only for health care, right?” >> Correct. You have to have med qualified medical expenses. Um, and we’ll get to how that vinyl can be included in there in a moment, but I got to keep you interested.
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>> But there’s a lot that’s included. I mean, pretty much anything you can buy in a pharmacy like aspirin or I mean, anything, >> even some diet medications, the the HSAs and Flex will cover um uh that you you get outside of the normal realm. Um, yeah, it’s amazing what it does cover. And then you can still use it for other things, but you’ll have to pay taxes. It’s just works like an IRA then. Right. >> Right. And you can’t contribute to an HSA. There’s some stipulations which
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have changed. But one of the big ones is you can’t contribute to an HSA if you’re on Medicare. They they were trying to eliminate that if you were on part A. It was in Congress in one of the bills that did not pass, >> but um that hasn’t. So, but it is portable. So when you leave your job or you move to a different company from year to year, you it’s yours. You don’t lose >> no matter what. You don’t lose it. And that’s the that’s the difference. And some people don’t understand that that
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they can let it grow like a 401k or an IRA and you’re not going to lose that. Um right if you if you you know flex it’s from year to year. It it resets after 12 months and if you haven’t spent everything in it, you lose it. So yeah. And so there are limits though and there are some downsides. Obviously downside is you have to use it for medical which we’ll get to and but you also um there’s a penalty if you use it for non-medical. It if you pass away it could go to a spouse but if it goes it doesn’t go to
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children or anyone else tax-free. >> So that’s not great. It’s not a good passing generational wealth or not using it. So you’re going to want to use it while you’re alive. But there’s also limits as to what you can put into it. So contribution limits in 2026 are 4,400 for an individual and 87.50 uh for a family. But if you’re over 55 or 55 and older, you get an extra,000. Quick note about that, Tony. Say, so you and your wife are both over 55. You can contribute for the family 8750 if you’re
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both on the same plan. Um well, then you say, “Well, then I could actually do 10,750 because we can each do an extra,000.” Yes, that’s true. But you if if the plan is in your name, you would put the extra thousand in it for you and then your spouse would have to open up a separate HSA and just put a thousand in. So, there’s a little trick there, >> but okay. So, let’s get to the changes. >> I know the limits are a bummer and it and it’s too bad when there’s limits,
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but all these types of accounts have limits like what you can contribute to an IRA or a Roth or a 401k, they all have limits. So, that doesn’t surprise me. I don’t hear people complaining about that too much. What what I hear uh the complaints about is that you have to in order to be able to participate in an HSA or have one, you have to be part of this high deductible health insurance plan. So, you have to have >> offered a high deductible uh health plan and be part of that or participate in
00:09:04
that and use that as your health insurance in order to access an HSA. Is that correct? >> Correct. And that hasn’t changed yet. Part of it has changed, >> but it’s getting better, right? They’re lowering. >> It’s getting better. >> Yeah. >> So, you’re right. That’s a drawback is you have to couple it with a high deductible plan. And there are limits. This is the the government says this is what the deductible has to be, a minimum, maximum, so on. But that has
00:09:32
changed and that change is part of the one big beautiful bill. I’ll put the link here for anyone that wants to read the IRS. This is just this came out in December >> just for some light readings. The IRS guidance. I don’t think there’s a day that goes by, Dan, where I don’t say, “You know what? I’m kind of bored. I want to check out the IRS guidance for something today.” >> You know, and a lot of people will have when they go on to the internet, their home screen is Google for a lot of
00:09:59
people. I know yours is Yes. You know, the ban Yes. in the current news. Mine is the IRS websites because as soon as I log in, I just look what’s going on with the IRS. You know, I love them. >> You and Ed are there’s two people in this country organization. There’s two people in this country that their homepage is the IRS uh homepage and uh main page and that is Ed Slott who’s considered the the US’s foremost expert on taxes and uh tax uh minimizing tax burdens and Dan Wendell the two experts
00:10:35
in this country Dan Wendell and Ed Slott and I know both of them I feel fortunate enough to have done radio shows with both >> and I think I didn’t wear my uh ban, you know, taxation is theft shirt. So, I’ll just say [laughter] I love taxes and and paying the minimal the minimal amount that I need to pay. >> Doesn’t your mother work for the IRS or didn’t she at one point? >> She did work for the in audits of all things. So, >> let’s talk about the change that I think
00:11:05
for the HSA which is going to wake a lot of people up to the ability to actually contribute. There are a lot of >> year right >> 2026. >> Yeah, >> there are going to be there are I’m going to say it’s a year of the HSA because I think more people are going to join HSA at least is my hope >> than any other year in our lifetime. I think this is going to be the one unless they you know make some rules, >> right? So the bronze on health insurance plans are put into categories of metals,
00:11:39
right? So, we did a show on this. You can watch it. There was bronze, silver, gold, >> and we even talked about copper, which is is is a colloquialism for the the catastrophic plans. >> And there were only certain of the bronze, there was only HSA compatible plans. So, if you typed in your zip code and you said, “I want an HSA compatible plan,” you’ll have one choice typically per company. What the one big beautiful bill, beautiful bill, it’s beautiful, Tony. what it did
00:12:08
>> huge huge >> huge it’s huge it says now that anybody on any bronze plan or catastrophic plan so I’m looking at you young people anyone [snorts] that’s on those plans are considered eligible for an HSA so you don’t have to worry about well what’s my deductible so if it says bronze or if it’s catastrophic you can get an HSA that is new in 2026. So, there are millions of people that are on bronze plans because they’re the cheapest. And I know you you don’t like
00:12:45
the the fact that you have to you have to have a huge deductible, Tony. But in reality, if you’re not getting employer coverage, you are struggling to pay for any coverage at this point. Even the cheap copper plans, the nickel plans or whatever they are exponentially copper, >> right? Right. the penny is the no because Nicholas there’s got to be something you know the dirt plans we’ll call them the dirt level plans >> um the iron plans um they you got the eligibility for an HSA now so if you’re
00:13:23
if you’re not eligible right now if you’re watching the show you’re like what about retirement what about me what about through my employer see if your employer offers a a cat um a bronze level type plan get on If your kids are on health insurance through the exchange, tell them to get an HSA because now they’re open to it. They’re able to do it. And we just went through the reasons why, right? And then I want to talk to you how to use it. But another change that has happened on one
00:13:54
big beautiful bill. There were so many, but only two made it. The other one that made it >> very bigly, very bigly >> bigly. The bigly one. This one’s not as bigly. um DPC’s direct primary care service agreements. So this is like Tony I don’t you don’t have this it’s con maybe call concierge it’s not really it’s if you are on a high deductible plan and it’s like costing so much to actually use it right it’s more like a high deductible plan is catastrophic
00:14:21
coverage if I get if I have to go to the hospital for a major thing at least I got that insurance so I don’t go bankrupt but what if I want to just go see the doctor I don’t want to have to pay so much you know I like my $20 co-ay those are gone with high deductible plans people are buying DPCs which allow allow them to pay a monthly fee and then go and talk to the doctor whenever, you know. So, it might it might be a hundred bucks a month and that gets you access to the doctor so you can call them up on
00:14:48
the phone like old school, you know, hey, you walk in, you know, get priority appointments when you need it, when you’re sick. >> That’s great. And I I wasn’t familiar with that, but I that’s my beef with these high deductible HSA plans cuz they’re like, “Well, we’re giving you this triple tax benefit for so you put your own money in there and then use that to pay.” Uh but then you look at I want I’m so used to $25 or $50 co-pay. But but with the high deductible plans,
00:15:18
there are no co-pays. There’s no coverage until you’ve met that deductible. Then they cover 80% of everything. Right. Right. And >> so, so until you hit this high deductible, which if you’re not going to hit it, you’re paying it for 100. >> Our family of five, when my kids were at home, >> somebody was always going to the doctor for something. And that’s what 250 $300 for just a regular doctor’s visit. >> That would add up. And they’re like, well, you got your money. So, I’m using
00:15:48
my own money rather. So, I’m still It would be one thing if they said you don’t have to pay premiums, but you’re going to put it in this account and use all your own money up until this point. No, you still pay premiums, >> right? >> You You still have to be putting money in your HSA to use for medical, >> but then you pay for everything until you’ve hit this really high deductible. >> I agree. But the plans are thousands of dollars, sometimes multiple thousands of
00:16:14
dollars per month cheaper. So rather than pay that, so you have the luxury of a $20 co-ay, >> why pay $700 more per month for a $20 copay when you could just pay the full price when you go to the doctor, particularly if you’re younger or healthier. Use it a lot. You have to do the math. >> Yeah. If you’re young and single, makes sense because you’re not going to use >> a family, Tony. even with a family in their 60s, you know, with kids or just a retire pre-retirees that aren’t on not
00:16:44
pre-retirees, retirees that aren’t on Medicare. >> Sure. >> It a health savings account can still be really powerful and they can get something like the um the direct primary care agreement that can reduce the cost elsewhere. >> If you got that in the past, you weren’t allowed to get the that wouldn’t qualify for HSA, but now it does. And it tele medicine was now available. Oh, you do tele medicine then you can’t get a um HSA because you’re not allowed to have
00:17:13
co-pays on an HS. Well, no. You that is available now. So, so it’s broadening. I think 2026 I think what’s going to happen to fix healthcare is they’re going the government’s going to come up with some HSA for all type thing and they’re just g you know Trump wants to just give people money. That doesn’t work in my advantage. I would rather get a subsidy for $2,000 a month than give me 2,000 total for an HSA. >> Yeah, >> but again, um it’s it depends on income
00:17:44
and all that, but I think HSAs are going to be So, one last thing I want to make uh a point on is how to use this. So, now you have an HSA and you’re let’s say you you you just got it like, “Oh, now what?” A lot of people like that because they get a card that they can then swipe to use to pay for the medical services they go to. Or if they go to the over the counter, they need health, you know, toothpaste, soap, whatever, they could use the card. Uh a vinyl record that has some sort of medical some sort of
00:18:14
medical teachings. Maybe [laughter] a meditation vinyl. >> Sure, Tony. >> Sure. >> Can be swiped for an HSA. There it is. >> Yeah. I’m not I’m not telling you how I’m not an accountant. I’m not CPA. I’m not telling you the rules. But Tony, if you have some vinyl that really are medicinal purposes, >> sure, >> that new release really gives you >> music is the best medicine, they say, >> right? So, let’s let’s there’s a case we
00:18:44
can make on this. So, anyway, >> I suggest to people get the HSA, max fund it, get all those tax benefits we talked about, and don’t use it. Don’t use other money if you can if you can to pay for the medical expenses and let your HSA grow compound and then when you’re older in your 60s7s 80s you can use it because you’re going to have medical then that’s when you use it because it’s kind of grown tax-free. So, it’s a great way to save for retirement. And that’s why the younger you are,
00:19:22
the healthier you are, think ostensibly, and then you can add to the HSA. You have more time for the thing to grow. Don’t put it in HSA and use it right away. >> Yeah, >> it’s still good. It’s better than not doing it. But >> yeah, if you can be disciplined and use that as an investment account for your retirement years during your working years, >> uh because you’re going to have a lot of unexpected medical expenses in retirement, even with Medicare, >> you can use it to pay for your Medicare
00:19:51
premiums. You can use it to pay for anything, co-pays, premiums, anything that’s remotely, like you said, medical related. So, yeah. >> Right. And we did a show on how you can use previous year’s expenses later in life. So save those receipts. Watch that show if you want more on that. But Tony, I guess guess what it’s time for. >> Let’s [music] wrap this up. [laughter] >> You’ve always wanted to be able to tape my mouth shut, Dan, and you got your wish on that video.
00:20:25
>> Too bad it’s not permanent. No, I’m just kidding, Tony. Of course. My favorite co-host. So, the HSA number one retirement tool just got better. It’s getting better and it’s going to continue to get better, I hope. But 2026 is going to be the year that more and more people are are eligible. So, hopefully you’re aware. Now, if you’re not aware or if you already are aware and you have one and you just tout it, tell everyone about it. Um, if you don’t have one, but you and you can’t qualify,
00:20:53
tell your kids, tell your friends. HSA is the way to go. And if you’re going to open an an HSA, health savings account, consider using it as a retirement plan. Consider putting money in, letting it grow, and using it down the road. That’s the lesson for today. But if you really want more information, watch the video I did it, or go to the IRS website like Tony likes to and get your information there. >> What do you say, Tony? You going to get an HSA? You going to qualify for next year?
00:21:25
>> Oh, yeah. >> Probably not. >> Yeah. Yeah. Yeah. You got it. >> Oh, yeah. Oh, yeah. >> You’re going to max it out and not touch it. And >> Yeah. Now that they’re making some changes, making it a little better, I think we Yeah, that’s what our plan is. I mean, the average couple spends the average couple 65 and older spends uh $300,000 over their retirement years on healthcare out of pocket. So, yeah, >> you will find it. You will find a way.
00:21:48
And Tony, after the show, just stick around because I’m going to teach you how to actually use the card to buy that vinyl and uh real deal. button that’ll be offline. Thanks for a good show everyone. We’ll catch you all next week. >> All matters discussed in today’s show are forformational [music] purposes only. This show is not an investment advice. Dan Whittle nor Dolphin Financial Group are affiliated or endorsed by any government [music] agency. Investment advisory services are
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offered through Dolphin Wealth Management Inc. a registered [music] investment advisor in the state of Florida. Insurance products and services are offered through Dolphin Insurance Inc. Dolphin Wealth Management Inc. and Dolphin Insurance Inc. are affiliated companies doing businesses as Dolphin [music] Financial Group. You should talk to someone at Dolphin Financial Group before implementing [music] any of these strategies or ideas.