Sections

Weather Forecast

Close
Advertisement

Howard Kossover: Health savings accounts could reduce retirement earnings for SSA benefits

Email News Alerts

Q: I am considering use of a heath savings account plan at work.

Using one would reduce my taxes but have a secondary result of lowering my earnings for Social Security.

Advertisement

Can this reduce my future Social Security retirement amount?

A: It potentially could, depending on the amount of money involved and for how long a time.

Are you a newspaper subscriber but you don't have a Digital Access account yet? https://secure.forumcomm.com/?publisher_ID=40&event=subscriber/lookup.

You will need your subscription account number and phone number. Not sure if you have an account? Email us at subscriberservices@forumcomm.com and we can help you.

Advertisement
Advertisement
randomness