healthcare costs

2 questions

Can I use an HSA as a retirement account?

Yes. An HSA's triple tax advantage — pre-tax contributions, tax-free growth, tax-free medical withdrawals — makes it more tax-efficient than a traditional IRA or Roth IRA for healthcare expenses. After 65, you can withdraw for any purpose and pay only income tax, making it function like a traditional IRA for non-medical spending.
What is an HSA?

An HSA (Health Savings Account) is a tax-advantaged account for people with high-deductible health plans. Contributions are pre-tax, earnings grow tax-free, and withdrawals for qualified medical expenses are tax-free — a combination no other account offers. Unused funds roll over forever.