Quant research indicates a correlation between increasing HSA equity allocations and outperforming broader market benchmarks. June's 1.9% monthly gain underscores the compounding effect of tax-advantaged accounts like "HSA investing". If eligible, the playbook said HENRYs should maximize health savings account (HSA) contributions. According to Fidelity , an HSA is a tax-advantaged health savings account that can be used to pay for qualifying medical expenses. All contributions to traditional 401(k) and 403(b) plans are tax deferred , which means you’ll owe ordinary income tax on withdrawals you take in retirement (or early withdrawals). Market data from June 2024 reveals that nearly 37% of "HSA investing" balances are now in equity ETFs. This aligns with rising healthcare costs and a push to prioritize growth over liquidity in personal investment strategies.
