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22. Understanding the Role of HSAs in Long Term Financial Planning · Dime After Dime

• 0:00
  SPEAKER_01: This podcast is produced by Moran Wealth Management, an SEC registered investment advisor.
• 0:04
  SPEAKER_01: Nothing in this episode constitutes his personalized investment advice.
• 0:08
  SPEAKER_02: Most people have their HSA balance sitting in cash.
• 0:12
  SPEAKER_02: About 90% of folks have it sitting in cash.
• 0:15
  SPEAKER_02: So only 10% are actually investing.
• 0:17
  SPEAKER_02: Devenir research last year, I think it was$178 million was the HSA balance.
• 0:23
  SPEAKER_02: And of that, 10% is invested.
• 0:24
  SPEAKER_02: So the rest is just sitting in cash.
• 0:26
  SPEAKER_00: Sitting in cash.
• 0:41
  SPEAKER_01: With that, here's Tony.
• 0:45
  SPEAKER_00: You have a strong opinion on this topic.
• 0:48
  SPEAKER_00: People are using the best account for tax purposes for debit card purposes.
• 0:55
  SPEAKER_02: Just a regular old check-in account.
• 0:57
  SPEAKER_02: It's a super 401k if you want to think about triple tax savings.
• 1:02
  SPEAKER_02: This is the HSA.
• 1:04
  SPEAKER_02: This is the HSA.
• 1:06
  SPEAKER_00: So what is the number?
• 1:07
  SPEAKER_00: Tell me.
• 1:08
  SPEAKER_00: Most people have their HSA balance sitting in cash.
• 1:12
  SPEAKER_02: About 90% of folks have it sitting in cash.
• 1:15
  SPEAKER_02: So only 10% are actually investing.
• 1:18
  SPEAKER_02: And actually, it's so de uh Devenir Research last year, I think it was$178 million was the HSA balance.
• 1:26
  SPEAKER_02: And of that, 10% is invested.
• 1:28
  SPEAKER_02: So the rest is just sitting in cash.
• 1:30
  SPEAKER_02: Sitting in cash.
• 1:30
  SPEAKER_00: To whose advantage is that?
• 1:32
  SPEAKER_00: Who's at the client, right?
• 1:36
  SPEAKER_02: Not not yeah, not the people that are listening to the show earning what 1% money market rates.
• 1:42
  SPEAKER_02: Why do you think that is?
• 1:44
  SPEAKER_02: Um well, I think some of the reason is maybe just lack of the education, like knowing what's available to them.
• 1:51
  SPEAKER_02: Maybe it's sitting in a HSA account where the employer only has availability for a bank type product.
• 1:58
  SPEAKER_02: Uh, maybe the minimums on the account say maybe needs to get to$5,000 before they can start investing it.
• 2:05
  SPEAKER_02: But I think it's the maybe the hygiene of just thinking of it like a checkbook.
• 2:10
  SPEAKER_02: Like, hey, I'm gonna go, uh went to the doctor's office, there's a deductible, you know, medication, and they just kind of go right to that little debit card.
• 2:18
  SPEAKER_02: I think the best thing to do is probably just if they can, just chop that debit card up.
• 2:22
  SPEAKER_00: I love that.
• 2:22
  SPEAKER_00: Chop it up.
• 2:23
  SPEAKER_00: Um, so I I I'll give you an anecdote though.
• 2:26
  SPEAKER_00: I remember when I first opened up an HSA.
• 2:29
  SPEAKER_00: I'm not gonna pick on the bank or the employer that did it, but they literally said, All right, you're gonna deposit this money into this bank account and then you're gonna use it as you see fit.
• 2:39
  SPEAKER_00: And so it's exactly what I did until I did the research and figured out more about the value of an HSA.
• 2:46
  SPEAKER_00: So I think most people probably think they're doing what's right.
• 2:51
  SPEAKER_02: Absolutely.
• 2:51
  SPEAKER_02: I mean, it feels good just m some employers actually even have incentives where they'll maybe deposit up to a thousand dollars a year or some sort of matching program.
• 2:59
  SPEAKER_02: So you really feel like you're you know putting some money away, you're getting getting ahead a little bit, and you also have that checking account is the mindset to use for when you have those medical expenses.
• 3:11
  SPEAKER_00: So you mentioned before triple tax advantage, okay?
• 3:16
  SPEAKER_00: I need you to explain that to me like I'm five.
• 3:19
  SPEAKER_00: And what makes it different than say a 401k or an IRA?
• 3:24
  SPEAKER_00: So start with triple tax advantage and then tell me the difference between uh HSA and a 401k HSA versus an IRA.
• 3:31
  SPEAKER_02: All right, so triple tax advantage.
• 3:33
  SPEAKER_02: So when you're earning your income, you can make the contributions to an HSA account through your salary, you're and you get a deduction for that.
• 3:44
  SPEAKER_02: All right.
• 3:45
  SPEAKER_02: That money then grows, tax deferred, and then when that money comes out for a qualified expense, you're not taxed on it.
• 3:53
  SPEAKER_02: Three ways of saving money or saving taxes.
• 3:56
  SPEAKER_02: Now, a traditional 401k or a Roth account, 401k, they they've got similar abilities, but not triple.
• 4:05
  SPEAKER_02: So with a traditional IRA, you get the deduction, but then you're taxed on the back end of it.
• 4:10
  SPEAKER_02: On a Roth IRA, you are making the contribution paying the tax first, but then you never have to pay the tax later.
• 4:17
  SPEAKER_02: So you get two, not the three.
• 4:20
  SPEAKER_00: Sure.
• 4:20
  SPEAKER_00: That makes sense.
• 4:21
  SPEAKER_00: That makes perfect sense.
• 4:22
  SPEAKER_00: So I bet you half our audience thinks they're not eligible for an HSA.
• 4:26
  SPEAKER_00: Who's eligible for an HSA?
• 4:28
  SPEAKER_02: Anyone who's part of a high deductible plan.
• 4:31
  SPEAKER_02: Okay.
• 4:31
  SPEAKER_02: So it does have to be a high deductible plan that your employer offers.
• 4:37
  SPEAKER_00: And I think people are scared though about being in a high deductible plan, right?
• 4:42
  SPEAKER_02: Well, I possibly, right?
• 4:44
  SPEAKER_02: I mean, uh it is a little bit of an unknown, you know, medical needs, etc.
• 4:49
  SPEAKER_02: But if you're find yourself a family that's, you know, I've got two children, knock on wood over here.
• 4:54
  SPEAKER_02: Been breaking a lot of bones lately or anything like that.
• 4:56
  SPEAKER_02: So we've been dodging that.
• 4:58
  SPEAKER_02: So I've personally chosen a high deductible plan.
• 5:01
  SPEAKER_02: Um, but I think it depends on circumstances where you have to be confident or not confident, but okay with the fact that, hey, we might have to come out of the pocket a little bit higher on an individual level or a family level.
• 5:15
  SPEAKER_00: I am not a financial advisor.
• 5:17
  SPEAKER_00: I play one on TV.
• 5:19
  SPEAKER_00: Um, but I do recommend oftentimes for people to really look again at the high deductible plan in particular because of the HSA.
• 5:26
  SPEAKER_00: I think people are so scared about medical expenses and that one big bill that they won't be ready for it.
• 5:34
  SPEAKER_00: And more people probably should be, again, you know, speaking of generalities, in the high deck high deductible plan because it covers catastrophic, it covers significant.
• 5:46
  SPEAKER_00: And as long as the deductible is something you can attain, like you should be doing that because the HSA advantages.
• 5:52
  SPEAKER_02: Absolutely.
• 5:52
  SPEAKER_02: So I want to touch back on that triple tax savings aspect of it.
• 5:56
  SPEAKER_02: Uh, we often speak about the uh the rule of 72 around here, and the rule of 72 is if you can earn 7.2% on your investment return over 10 years, your money doubles.
• 6:04
  SPEAKER_02: So if you're now making contributions of$8,000 a year, which is a little bit less than what the current max for a family is, and you're earning 7.2% over the next 10 years, that turns out to about$111,000 over the course of 10 years.
• 6:22
  SPEAKER_02: Um so you're getting uh a nice healthy um, you know, I guess cushion for if there was something medically to occur, you have a bucket to kind of go into.
• 6:35
  SPEAKER_02: Now, what's interesting, if you can frame this this way to get outside of that check-in and count mentality, you're having medical expenses, you're keeping track of the receipts.
• 6:46
  SPEAKER_02: And with technology these days, you probably could find an app that you can pull out your phone, scan the receipt.
• 6:51
  SPEAKER_02: Uh, you paid for this, XYZ.
• 6:53
  SPEAKER_02: You can stack those receipts.
• 6:55
  SPEAKER_02: So maybe when you are 60 years old, you look back at that 10 years is now maybe three or four hundred, half a million dollars sitting in HSA account.
• 7:03
  SPEAKER_02: You pull out those receipts and you're like, holy smokes, I've got uh$100,000 in qualified expenses here.
• 7:10
  SPEAKER_02: You pull it out then and there, and you can use that money for anything at that point.
• 7:14
  SPEAKER_02: Triple tax savings.
• 7:16
  SPEAKER_00: Yeah, so that's uh when I found out about HSAs, and I can't, I won't name the provider that I use.
• 7:21
  SPEAKER_00: Um if you message me privately, I'll I'll flip over the link to who I use, but it stores the receipts, it allows you to invest, you know, typically through the markets, public markets, uh, and it grows over time.
• 7:35
  SPEAKER_00: Mine has grown, and all my receipts are unreimbursed, and I can see that account balance, and then I see my actual portfolio balance.
• 7:43
  SPEAKER_00: And it is incredible because now, for instance, when I retire, I'll be able to cash out those accumulated receipts over time and not paying the taxes because I've paid the medical bills up front each and every year.
• 7:59
  SPEAKER_00: I've saved those receipts and I can cash it out later.
• 8:01
  SPEAKER_00: It is an incredible tool.
• 8:02
  SPEAKER_02: I bet Mrs.
• 8:03
  SPEAKER_02: Stitch is looking at that, saying, I can't wait, we're gonna go on a big vacation.
• 8:06
  SPEAKER_02: Yeah.
• 8:07
  SPEAKER_02: Cash in those receipts.
• 8:09
  SPEAKER_00: Like it's incredible.
• 8:10
  SPEAKER_00: And it what's really cool about HSAs too is that not only can you accumulate that balance and then cash it out a later time, and this is not financial advice, I'm saying this out loud, it can function as an emergency account too.
• 8:24
  SPEAKER_00: I know you don't want to, I mean, like I again, it's like a last ditch because should something catastrophic happen medically or otherwise, if you have the receipts to if you have the receipts to take that money out, it can function as an emergency fund.
• 8:37
  SPEAKER_02: Emergency, yeah, exactly.
• 8:38
  SPEAKER_02: For I mean, I guess more uh close to home.
• 8:41
  SPEAKER_02: I mean, a few years back we had a you know Hurricane Irma came through here, uh Hurricane Ian, excuse me, both of them.
• 8:47
  SPEAKER_02: Uh uh substantial roof damage, you name it.
• 8:50
  SPEAKER_02: You know, we've got a large elderly community around here.
• 8:52
  SPEAKER_02: And you know, again, emergency fund.
• 8:54
  SPEAKER_02: If you keep track of these receipts, dive into that emergency fund, pay for unexpected bills.
• 8:59
  SPEAKER_00: Yeah.
• 9:00
  SPEAKER_00: Um, you mentioned it's about 8,000 in 2026.
• 9:03
  SPEAKER_02: Uh the exact number for 2026 is 8,750 for a family and 4,400 for an individual.
• 9:10
  SPEAKER_00: Is there catch-up too if you get older?
• 9:12
  SPEAKER_02: Yes.
• 9:12
  SPEAKER_02: Uh, for over 55, it's a thousand dollars.
• 9:14
  SPEAKER_00: And that goes, I mean, I can't say historically it's gone up every year, the limits.
• 9:18
  SPEAKER_02: With inflation, yeah.
• 9:19
  SPEAKER_00: Exactly right.
• 9:20
  SPEAKER_02: Yeah, typically.
• 9:21
  SPEAKER_00: And then you mentioned before, and I want to make sure the audience hears this, a lot of times the employer will kind of seed that too.
• 9:30
  SPEAKER_02: Absolutely.
• 9:30
  SPEAKER_02: That's a little bit of incentive to get.
• 9:32
  SPEAKER_02: I mean, I remember um at a previous employer where if you uh hit certain medical like goals, like going to the doctor or you're doing some sort of uh training or something, they actually fund up to$800 at that particular point,$800 a year.
• 9:46
  SPEAKER_02: Now that does count as the contribution.
• 9:49
  SPEAKER_02: So that maximum, in this case, a family of$8,750.
• 9:53
  SPEAKER_02: If your provider is giving you$1,000 or your employer is giving you$1,000, now you only have$7,750 that you can contribute.
• 10:00
  SPEAKER_00: Sure.
• 10:01
  SPEAKER_00: Um, but if you over-contribute, what happens?
• 10:04
  SPEAKER_02: If you over-contribute, there is a penalty.
• 10:07
  SPEAKER_00: Uh there's a penalty.
• 10:08
  SPEAKER_00: Um, but typically your payroll department helps you make sure you don't over-contribute.
• 10:13
  SPEAKER_02: Absolutely.
• 10:14
  SPEAKER_02: Yeah.
• 10:14
  SPEAKER_02: They'll, you know, they'll hit you at the caps and stop you from over-contributing.
• 10:17
  SPEAKER_00: Yeah, that's typically what happens.
• 10:18
  SPEAKER_00: I mean, I I um typically the your you know, your accounting department or whatever helps you annualize that deduction.
• 10:25
  SPEAKER_02: Well, the one good thing about when you know your accounting department's deducting you deducting your salary, um, deducting it from salary, you're you're again another little tax savings, you're saving a FICA tax.
• 10:35
  SPEAKER_02: So if you're at the 37% tax bracket, that works out to be about$620 uh uh a year in FICA taxes.
• 10:43
  SPEAKER_02: And then the savings, right?
• 10:45
  SPEAKER_02: Getting that deduction at the 37% tax bracket at roughly$8,000 a year contribution level, uh, that that works out to be about$3,000 a year in tax savings.
• 10:56
  SPEAKER_02: That compounds as well.
• 10:57
  SPEAKER_02: So over the course that you know, the rule of 72, that that that compounds almost 40 grand over the course of 10 years in tax savings.
• 11:04
  SPEAKER_00: That's awesome.
• 11:05
  SPEAKER_00: I didn't even think about that part.
• 11:07
  SPEAKER_02: Quadruple tax savings.
• 11:09
  SPEAKER_00: Some kind of quadruple.
• 11:10
  SPEAKER_00: We unearthed the new one.
• 11:12
  SPEAKER_00: So let's get back to mechanics operationally, right?
• 11:15
  SPEAKER_00: So the idea is ideal state is you're maxing out your contributions to HSA between yourselves and any employer contributions.
• 11:26
  SPEAKER_00: All medical expenses, again, mechanics.
• 11:30
  SPEAKER_00: All medical expenses throughout the year, you're paying out of pocket.
• 11:34
  SPEAKER_00: You're not using the debit card, correct?
• 11:35
  SPEAKER_02: Best case, exactly right.
• 11:37
  SPEAKER_02: You're paying it out of your you're actually using your real checking account in this sense, and you're just keeping keeping track of the receipts.
• 11:42
  SPEAKER_00: Okay.
• 11:43
  SPEAKER_00: And then we're any recommendations on receipts.
• 11:46
  SPEAKER_00: I mean, I shoebox.
• 11:49
  SPEAKER_02: Well, I mean, this day and age, you just, you know, honestly, you download an app, I'm not gonna say any names, and you just pull out your phone, hover right over it.
• 11:57
  SPEAKER_02: I mean, even this Apple phone can hover over and scan the receipt, and you keep track of them yourself, but there are apps built for that.
• 12:04
  SPEAKER_00: There are.
• 12:05
  SPEAKER_00: So again, mechanics are simple, right?
• 12:07
  SPEAKER_00: Max out your HSA if possible, do whatever you can, right?
• 12:11
  SPEAKER_00: Use pay for your medical uh medical bills out of pocket, you keep track of the receipts, and then over time that grows.
• 12:18
  SPEAKER_02: Well, yes, you gotta make sure you're investing it, right?
• 12:20
  SPEAKER_02: So um keep track of it, make sure you've got you log in that platform, whatever platform you're using.
• 12:26
  SPEAKER_02: Um, ensure that you're maxing out your HSA to the best of your ability, and you're investing it in index funds or whatever is available to you.
• 12:36
  SPEAKER_00: And there's no deadline to re give the reimbursement in retirement.
• 12:40
  SPEAKER_02: No, there's no deadline.
• 12:41
  SPEAKER_02: In fact, you know, there's no deadline to the HSA at all.
• 12:45
  SPEAKER_02: It just kind of converts to a traditional IRA later on in life after 65.
• 12:51
  SPEAKER_02: You can you um it will turn into a regular IRA account.
• 12:54
  SPEAKER_00: That's incredible.
• 12:55
  SPEAKER_00: So um but you you probably want to cash out medical expenses, especially if you're you know, you you know.
• 13:06
  SPEAKER_00: I see where you're going with that.
• 13:07
  SPEAKER_02: How do you say yeah?
• 13:08
  SPEAKER_02: I mean, uh the reality is the uh an IRA account is great, tax to reveal, you just lose out on one of those one of the uh one of those tax savings vehicles.
• 13:16
  SPEAKER_02: So if you were saving those receipts, for example, you'd want to cash that out before converting it over to a traditional IRA account.
• 13:24
  SPEAKER_00: Okay, that's very helpful.
• 13:25
  SPEAKER_00: Now, inside the account, right, you're investing this money, how should you invest it?
• 13:30
  SPEAKER_02: Um, I would treat it I'm um kind of air on the side like what a Roth IRA is, a Roth 401k.
• 13:35
  SPEAKER_02: Being that the taxes have already been paid, um, I would try to be aggressive, aggressive with it.
• 13:40
  SPEAKER_00: Okay, aggressive.
• 13:42
  SPEAKER_00: So I mean you probably should look at your entire financial plan, but for the most part, this can function a little bit differently.
• 13:48
  SPEAKER_02: Absolutely.
• 13:49
  SPEAKER_02: I mean, it if you can, you know, get a little extra growth out of it, assuming you can handle the level of risk, um, do so uh because of the the benefits are enhanced the more it grows.
• 14:02
  SPEAKER_00: This one's an easy one, it's a softball for you, but this is a this is a misconception online.
• 14:07
  SPEAKER_00: Uh you leave your employer, what happens?
• 14:09
  SPEAKER_02: If you leave your employer, you lose it all.
• 14:11
  SPEAKER_02: No, I'm just kidding.
• 14:13
  SPEAKER_02: No, if you leave your employer, it goes with you.
• 14:15
  SPEAKER_02: Uh you can convert, there's other HSA providers where you can move, just no different than your 401k.
• 14:20
  SPEAKER_02: You can move your 401k to other 401ks, you can move your HSA to other providers.
• 14:24
  SPEAKER_02: So you're not locked, it's not lose it.
• 14:26
  SPEAKER_02: There's another health savings account called an FSA, a flexible savings account, that's not as portable.
• 14:33
  SPEAKER_02: You have to use it or you lose it.
• 14:36
  SPEAKER_02: So, unlike your HSA, you've got the ability to move your HSA from provider to provider, keep everything invested, and continue growing those monies.
• 14:47
  SPEAKER_00: And the the cool part about the convertible nature, the transferable nature of it is when you join a new employer, they'll say, Hey, you have an HSA available and it's going to deposit in this bank.
• 14:58
  SPEAKER_00: Many of these transferable providers will generate a letter for you, or you yourself can process a transaction.
• 15:08
  SPEAKER_00: It can be annually, once a year, where you take it out of the bank and transfer it over, or you can work with your accounting department or your payroll department to transfer it every by you know bi-weekly.
• 15:19
  SPEAKER_02: Yeah, no, you can you can absolutely just take it out of your own personal checking account and move those monies into the HSA to satisfy those annual contribution limits, but it's probably best to uh maybe treat it as a forced savings having your employer deduct it, and you also get the FICA tax benefit standpoint as well.
• 15:37
  SPEAKER_00: And you'd mentioned this before, but I just want to make sure it's clear at 65, what happens to it?
• 15:42
  SPEAKER_02: At 65 years old, it converts to a traditional IRA account.
• 15:46
  SPEAKER_02: So it's not like you've lost the tax uh ability, you're not going to be penalized at 20%.
• 15:51
  SPEAKER_02: It would just be ordinary income as you're pulling money out.
• 15:54
  SPEAKER_00: I mean, it sounds like it's too good too good to be true.
• 15:58
  SPEAKER_00: What about beneficiaries?
• 16:00
  SPEAKER_00: How does that work?
• 16:01
  SPEAKER_02: Yeah, so beneficiaries, you know, if you pass away prior to 65, a spousal beneficiary inherits it just like their own HSA account.
• 16:11
  SPEAKER_02: However, a non-spousal beneficiary has to pull the money out within a year.
• 16:16
  SPEAKER_00: When should someone not do that?
• 16:17
  SPEAKER_00: Like, like if you have like when should someone pass up on an HSA?
• 16:21
  SPEAKER_00: I mean, does that exist?
• 16:24
  SPEAKER_02: Well, I I mean, I guess it goes back to like your your means, you know.
• 16:28
  SPEAKER_02: I mean, back to using it like a checking account.
• 16:30
  SPEAKER_02: So if your employer is maybe giving you a benefit of a thousand, you know, say helping you match out a thousand dollars a year and you're contributing a thousand if you do that.
• 16:37
  SPEAKER_02: Um if you don't have the ability to invest and you need the money today, right?
• 16:42
  SPEAKER_02: I mean, you know, you gotta make ends meet.
• 16:44
  SPEAKER_02: So sure.
• 16:44
  SPEAKER_02: I mean, you you use it, use it at that point.
• 16:46
  SPEAKER_00: Yeah, I mean, I I suppose that with a high deckable plan, but you're paying less, I guess, uh on a monthly basis.
• 16:52
  SPEAKER_00: But so uh last question, and this might be the easiest or the hardest one.
• 16:59
  SPEAKER_00: Rank it.
• 17:00
  SPEAKER_00: Rank the power and value of an HSA versus a 401k or maybe a backdoor Roth IRA.
• 17:07
  unknown: Yeah.
• 17:07
  SPEAKER_02: I mean, I think the HSA is right there at one or two because it's become a lot more flexible, and obviously the investment uh selection, yeah, there's a lot more uh ease of access.
• 17:20
  SPEAKER_02: It's it's you know, the minimums aren't as high as what they used to be.
• 17:23
  SPEAKER_02: Uh and again, if you're going to use it, uh it's pretty hard to keep track of receipts just from a month ago, but you know, you start keeping track of the receipts using the technology that we have available to us.
• 17:34
  SPEAKER_02: Um, I think an HSAA account can really um be right up there with a Roth a Roth 401k when used when used correctly.
• 17:45
  SPEAKER_02: I mean you gotta you gotta have the you gotta know that you have the ability to to you know save those receipts, uh make sure you're maxing out the contributions and investing in it.
• 17:54
  SPEAKER_00: I mean I I think when I think of an HSA, I think triple tax deferral that we talked about.
• 17:59
  SPEAKER_00: I think about portable, portable in nature.
• 18:03
  SPEAKER_00: It becomes a nice little piggy bank in the years ahead, and it allows you to not only make the investments yourself, but draw on it if you have to for emergency situations.
• 18:15
  SPEAKER_00: I mean, I think it's probably one of the best hidden investment vehicles that we have in front of us.
• 18:21
  SPEAKER_00: If I have an HSA, what is the one thing this week that I should do?
• 18:26
  SPEAKER_02: Probably log in and make sure you got invested.
• 18:29
  SPEAKER_02: So you're not one of the 90%.
• 18:30
  SPEAKER_02: Not one of the 90%.
• 18:32
  SPEAKER_02: Um if I could find the statistic real quick.
• 18:35
  SPEAKER_02: Um invested accounts make up 59% of the total assets within the HSA universe, despite just being 10%.
• 18:47
  SPEAKER_00: That's incredible.
• 18:48
  SPEAKER_02: Yeah, that's incredible.
• 18:49
  SPEAKER_02: So those 10% that are investing are creating a lot of value for themselves.
• 18:55
  SPEAKER_00: That's awesome.
• 18:56
  SPEAKER_00: And a great way to end the episode.
• 18:58
  SPEAKER_00: HSA is it's one of the most useful tools for the modern investor.
• 19:02
  SPEAKER_00: Like we talked about, tip triple tax advantage, portability, emergency funds if you need it, and finally a piggy bank at the end of the rainbow.
• 19:11
  SPEAKER_00: Corey, no better person to talk to about this topic than you.
• 19:13
  SPEAKER_00: Thank you so much for joining me.
• 19:15
  SPEAKER_02: It's a piggy bank, but it's not one you should be cracking, you know, just for going out to eat, you know.
• 19:19
  SPEAKER_02: I like that.
• 19:20
  SPEAKER_02: Keep it.
• 19:21
  SPEAKER_02: Don't tell them saves.
• 19:22
  SPEAKER_02: I like that.
• 19:23
  SPEAKER_00: Thank you all for joining us here today.
• 19:25
  SPEAKER_00: If you like this episode and you learned a little about HSAs, make sure you like, subscribe, comment, and share with a friend or family member.
• 19:33
  SPEAKER_00: Until next time, I'm your host of Dime After Dime.
• 19:36
  SPEAKER_00: Thank you.
• 19:39
  SPEAKER_01: Thanks for listening to Dime After Dime.
• 19:41
  SPEAKER_01: To hear more episodes, follow us on your favorite podcast app and visit MoranWealth.com.
• 19:48
  SPEAKER_01: Moran Wealth Management LLC is an SEC registered investment advisor.
• 19:52
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• 19:56
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• 20:07
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• 20:21
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