There are also a number of options available if there’s money leftover in a 529 account after the beneficiary is done with school. For instance, it can be transferred to a family member’s 529 account, rolled over to a Roth IRA in the beneficiary’s name (up to $3...
Money deposited in HSAs can roll over from year to year, and may be invested in a wide range of mutual funds. Many people, however, do not have access to these accounts through their health-insurance plan. For 2024, a person can contribute up to $4,1...
Second, even for those who do not have imminent expenses, if there aren’t enough available funds to cover making a full HSA contribution, then the QHFD should be strongly considered. Notably, HSAs are generally higher onthe ...