Health savings accounts could be a big help when it comes to setting aside money for retirement, but despite the length of time that HSAs have been around, they still don't draw substantial assets from most account owners, nor do they generally get used in a way that would pay off in retirement.

HSAs offer the much-vaunted triple tax advantage (tax-deductible contributions, assets grow tax free, not taxed on withdrawal if taken for legitimate medical expenses), and offer users the option to invest those contributions instead of just letting them sit there, but few workers do that.

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Marlene Satter

Marlene Y. Satter has worked in and written about the financial industry for decades.