Your HSA is a financial cheat code.

Most of my coworkers throw 5 or 10 bucks into this and keep it in cash.

This wrong.

Max that thing out every year you can.

Tax-free in, tax-free growth, tax-free out (for medical).

If you reach 65, you can w/d it like a normal IRA too

If you are single and healthy, you SHOULD be maxing this out through your work payroll.

Mine is ready to pay my out-of-pocket-max bills for 5+ years.

And I pay less tax every year because of the deduction. https://abs.twimg.com/emoji/v2/... draggable="false" alt="👇" title="Rückhand Zeigefinger nach unten" aria-label="Emoji: Rückhand Zeigefinger nach unten">

The other thing most people don& #39;t know is that you can have an HSA with multiple banks.

My payroll sends it to a bank checking account. I then periodically transfer it to another company where I can invest in VTSAX index funds.

This is how you grow the treasure trove. https://abs.twimg.com/emoji/v2/... draggable="false" alt="🪙" title="Coin" aria-label="Emoji: Coin"> https://abs.twimg.com/emoji/v2/... draggable="false" alt="👇" title="Rückhand Zeigefinger nach unten" aria-label="Emoji: Rückhand Zeigefinger nach unten">

To summarize:

DO:
- Practice a healthy lifestyle
- Max your HSA account via work payroll
- Keep in cash (checking/savings) what you need for out-of-pocket medical bills for one year max
- Invest surplus money

DON& #39;T:
- Assume you& #39;ll be healthy forever
- Ignore this tax loophole