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View More EBRI [Employee Benefit Research Institute] Webinars, Podcasts and Conferences
Saving for Health Care in Retirement: How HSAs and 401(k)s Fit TogetherEBRI [Employee Benefit Research Institute] |
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June 9, 2021 On-Demand Webinar |
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[Editor's note: PDF from June 9, 2021 presentation.] A married couple with high prescription drug expenses throughout retirement could need as much as $325,000 when they retire to cover the cost of insurance premiums and health care expenses in retirement. Health savings accounts (HSAs) are one way to save for these expenses. However, sometimes workers may reduce the impact of these savings by cutting back on other retirement savings, such as 401(k) contributions, when they contribute to an HSA. This webinar will explore the interaction between HSAs and 401(k)s using empirical data. It will also examine financial planning for health care expenses in retirement more generally. |