Latest / Inflation and Your Money with Fexingo: Protecting Purchasing Power and Beating Inflation
Inflation Eats Your HSA Triple Tax Advantage
In this episode of Inflation and Your Money, Lucas and Luna explore how inflation can quietly erode the purchasing power of your Health Savings Account, despite its triple tax advantage. They break down the mechanics: contributions reduce taxable income, growth is tax-deferred, and qualified medical withdrawals are tax-free. But with the average HSA balance sitting at around $4,000 and many accounts holding cash earning next to nothing, inflation can chip away at that real value. They discuss the latest CPI data, which showed a slight cooling, and the ten-year breakeven inflation rate ticking…
The skinny
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