Which Healthcare Account Will Save You More Money? HSA vs HRA vs FSA
There are three different types of healthcare accounts that are designed specifically to give you dollars that will help you pay for healthcare expenses. The Health Savings Account (HSA) is amazing, but would a Health Reimbursement Arrangement (HRA) or a Flex Spending Account (FSA) actually work better for you? We cover the pros and cons of each account in this video so you can better decide which is right for you.
How Medicare and HSAs work (or don't work) together:
• WATCH OUT For These Medicare Mistakes...
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⏰ TIME CODES ⏰
0:00 Different Types of Accounts
0:54 HSA Pros
2:28 HSA Cons
5:22 HRA Cons
6:43 HRA Pros
7:56 FSA Cons
9:19 FSA Pros
10:12 Can You Have More Than One?
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#medicare #theretirementnerds #hsa #retirementnerds #finance
Federal Disclaimer:
We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all your options.
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