HSA written on wooden blocks with coins on top (Photo: Shutterstock)

With assets climbing to over $98 billion as of mid-year 2022, Health Savings Accounts (HSAs) have cemented their place as an important tool to help employees meet their health care spending needs. Their unique tax advantages and flexible withdrawal options also make them an integral retirement savings vehicle – one that, when used properly, can add a significant boost to an employee's retirement readiness.

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