For years, retirement plans have been the primary tool employers and employees have utilized to save and prepare for retirement.  Back in 1995, they surpassed pension plans as the predominant vehicle for retirement savings and have never looked back.  However, one of the biggest weaknesses of the retirement plan is its lack of special treatment for dollars used to pay for healthcare expenses. When you consider the fact that our healthcare costs naturally increase with age, this might be the Achilles heel of retirement plans. With the arrival of the Health Savings Account (HSA), employees can now plan for these future expenses in a special, tax advantaged way.

Read more