EBRI Fast Facts
You Can Save $1 Million in Your Health Savings Account (HSA)
Summary
Saving enough for retirement can be a challenge for workers, especially
as health care costs can be considerable. Not only does Medicare not
cover health
care expenses in retirement in full, but
employers have been cutting back on retiree health benefits as well. As
a result, employees are increasingly
assuming responsibility for
out-of-pocket health care expenses that they may incur in retirement.
This
Fast Fact reviews findings from
a recent EBRI-authored report that
projected how individuals can save just over $1 million in their health
savings account.