How to Turn Your HSA Into a Tax-Free Retirement Fund
How to Turn Your HSA Into a Tax-Free Retirement Fund  
Podcast: Small Business Tax Savings Podcast
Published On: Wed May 07 2025
Description: Send us a text🚀 Book your free demo call today! Click here or visit: https://taxelm.com/demo/ Most people think an HSA is just for doctor visits—but it’s actually one of the most powerful retirement tools available. In this episode, Mike breaks down how to use your Health Savings Account to save on taxes, grow your money, and even invest for the future. If used right, it’s like a secret weapon for building wealth.Chapters:(00:32) What is an HSA?Mike explains how an HSA works, what makes it different from an FSA, and what medical expenses qualify.(01:35) The Triple Tax BenefitYou get a deduction when you put money in, tax-free growth, and tax-free withdrawals if used right.(03:50) HSA Contribution Limits for 2025Learn how much you can contribute depending on whether you have an individual or family plan.(05:04) HSA Eligibility RulesMike walks through what qualifies as a high-deductible health plan and other requirements you must meet.(07:23) How to Use an HSA for RetirementThis part explains how to grow your HSA like a retirement fund by investing and saving receipts.(10:05) Avoid the Withdrawal PenaltyIf you withdraw funds the wrong way, you’ll pay penalties—unless you follow these simple rules.Podcast Host:Mike Jesowshek, CPA – Founder and Host of Small Business Tax Savings PodcastJoin TaxElm: https://taxelm.com🚀 Visit:  https://www.TaxSavingsPodcast.com 🚀 Check Out TaxElm: https://taxelm.com/🚀 Join our Free Facebook Group: https://www.facebook.com/groups/taxsavings/🚀 YouTube: www.TaxSavingsTV.com👋🏼 GET IN TOUCHYou can Tweet @MJesowshek with any feedback, ideas, or thoughts about the lessons you've learned from the episodes. We want to thank you personally for tuning in 🙏🙏 LEAVE A REVIEWIf you enjoy the podcast, please leave a 5-star review on Apple Podcasts or Spotify—it helps more business owners find the show ⭐🎙 ABOUT THE PODCASTThe Small Business Tax Savings Podcast is your go-to resource for cutting-edge tax strategies to help entrepreneurs legally slash their tax bills. Hosted by Mike Jesowshek, CPA, this show breaks down complex tax topics into clear, no-fluff insights so you can keep more of your hard-earned money.