Is HSA a retirement plan?

Answer An HSA, or health savings account, is not a retirement plan. Instead, an HSA is a way to save money for future medical expenses for people with a high-deductible health insurance plan.References:U.... Read More »

Top Q&A For: Is HSA a retirement plan

How to Plan Your Retirement?

Unfortunately, retiring these days is harder and harder with more expensive medical insurance and the possibility that social security will not exist or be severely watered down. Many hard working ... Read More »

Can you have both a 457 retirement plan& an IRA?

Yes. A 457(b) plan is an employer-sponsored retirement plan available to employees of state and local government organizations. You may contribute up to $5,000 into an IRA, as of 2010 IRS regulatio... Read More »

How much can I put into my 401(k) retirement plan?

As of 2010, the limitation for annual contributions for most employees to 401k planes is $16,500. An additional catch-up contribution of $5,500 is available for employees age 50 or older. Employe... Read More »

What is an 801 (k) retirement plan?

My understanding is that you are correctly referring to a little known investment vehicle called an 801(K). It involves companies who pay back very solid dividends to investors of the fund and that... Read More »