Tax-Advantaged Investing With a Health Savings Account - with Darlene Root

Learn about how to use a health savings account (HSA), a tax-advantaged medical savings account available to taxpayers in the United States as an investment vehicle with Jason Hartman and special guest Darlene Root. They will also discuss the tax advantages of traditional, self directed and Roth IRAs and why Jason never converted his plan to a Roth IRA. 0:00 Introduction 1:14 How you can use the HSA, the health savings account as an investment vehicle to buy real estate and other investments 1:56 There are two tax systems, one for the informed and one for the uninformed 5:40 So let's take advantage of every tax saving opportunity we can. Inflation as you know is a hidden tax 7:51 33% of Americans have no retirement savings whatsoever 8:46 Social Security is going down, the average check is $1400 and change per month 10:10 Healthcare is going to be about 15% of the average retirees annual expense and unlike my parents generation, I won't have access to employer or union sponsored retiree benefits 11:12 Let's talk about some of the tax advantaged, tax free and tax deferred methods, the self directed IRA, the traditional IRA which is tax deferred, the 401k also tax deferred and then the 401k Roth and CEP 12:15 HSA stands for health savings account - it's the trifecta of investing: your contribution gets a tax write off, it is tax free investing while it's in your HSA and when you take it out, it's tax free 16:22 The contribution limits for an HSA are small, $3600 if you are single, $7200 if you are a family, and catch up is $1,000, if you're 55 years or older 17:13 The contributions are tax free, invested tax free and taken out tax free, but they have to be for qualified medical expenses 21:01 You can liquidate the plan with a penalty 21:59 You can do basically any type of investment in an HSA that you can do in a self directed IRA 24:53 You can partner with your non IRA money, your other retirement accounts and other people's retirement accounts 28:00 I made 90k in rental income tax free 29:19 You can purchasing discounted notes in the Roth IRA and HSA 30:30 I have never converted my plan to a Roth, because I'm worried they'll just change the rules 31:06 When you open up a traditional IRA, you get a tax write off with the money going in and taxes deferred upon it coming out Learn More: https://www.jasonhartman.com/ Free White Paper on The Hartman Comparison Index™: https://www.hartmanindex.com/white-paper Listen to the podcast: https://www.jasonhartman.com/podcast/ Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com Free Class: Easily get up to $250,000 in funding for real estate, business or anything else http://JasonHartman.com/Fund Free Report on Pandemic Investing: https://www.PandemicInvesting.com Jason’s TV Clips: https://vimeo.com/549444172 CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect What do Jason’s clients say? http://JasonHartmanTestimonials.com Call our Investment Counselors at: 1-800-HARTMAN (US) or visit www.JasonHartman.com Guided Visualization for Investors: http://jasonhartman.com/visualization Have questions or topics you want me to do a video on? Let us know in the comments below. If you love real estate investing, SUBSCRIBE! #healthsavingsaccount #rothira #ira #retirementplan #savings