Achieve financial success with a smart HSA strategy

Summary:

Learn how to make the most of your HSA—not just for healthcare expenses today, but for long-term financial growth. With the right approach, your HSA can help you save on taxes, cover medical costs and even build lasting wealth.

When setting out to plan for financial success, remember your HSA as a starting point for your strategy. An HSA isn’t just for managing out-of-pocket health care expenses. It’s a strategic, tax-advantaged savings vehicle that can play a major role in your long-term financial success. In fact, it offers a unique trifecta of benefits that make it one of the most effective savings tools available today.

Let’s take a closer look at why an HSA deserves a prime spot in your financial playbook.

Tax-favored savings

Your HSA’s power lies in its unmatched, triple-tax benefits—contributions go in tax-free, the money grows tax-free and withdrawals are tax-free when used for qualified medical expenses. Very few financial tools offer this kind of tax efficiency making it a win-win-win for tax-conscious savers.

It’s your money, right away

One of the most empowering features of an HSA is that you’re 100% vested immediately. That means every dollar contributed—whether from you or your employer—is yours from day one. Even if you change jobs, switch insurance plans or take a career break, your HSA stays with you. No waiting periods, no strings attached.

Access funds when you need them

Life doesn’t wait for the perfect financial moment. So, it’s comforting to know you can use your HSA funds at any time to pay for eligible medical expenses—now or in the future. You have full control of how the money is spent at all times during unexpected illness or injury.

No age limits or required withdrawals

Unlike traditional retirement accounts, HSAs don’t lock your money away until you hit a certain age. There’s no minimum age for distributions and no required minimum withdrawals down the road. That means you can use your HSA strategically—now, in retirement or whenever it makes the most financial sense for you.

Make your HSA a key part of your financial strategy

An HSA is more than just a health care account—it’s a smart, flexible and tax-efficient way to build wealth and protect yourself from unexpected expenses. Whether you're looking to save on taxes, grow your money or gain peace of mind about future health costs, an HSA is a powerful piece of the puzzle.

If you’re not already making the most of your HSA, now’s the time to start. Financial success isn’t just about how much you earn—it’s about how wisely you plan. And few tools offer the kind of planning power that an HSA does.

Speaking of tools, you can play out various scenarios using an online calculator to estimate how much you could save with an HSA.

Looking for more ways to maximize the value of your HSA? Our experienced HSA team can help you tap into the right options for you. Download our how-to guide on planning for financial success with an HSA for more information on smart saving strategies.

For additional support, contact Participant Services at 800-270-7719 or email ParticipantServices@AssociatedBank.com.

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HSA cash balances are FDIC insured up to the Standard Maximum Deposit Insurance Amount (SMDIA). Deposit products are offered by Associated Bank, N.A. Member FDIC. (1437)