RS Logo

HSAs Offer Untapped Retirement Benefits For Wealthy, Advisors Say

June 5, 2023 – Head of Wealth Planning, Mallon FitzPatrick was featured in Financial Advisor Magazine to discuss ‘HSAs Offer Untapped Retirement Benefits For Wealthy.’ “Contributing $7,500 today will allow the taxpayer to deduct this amount from their taxable income,” FitzPatrick said. “Assuming the $7,500 is invested and compounds tax-free at an average of 8% annually, the initial contribution will grow to approximately $75,000 after 30 years. Historically, health care costs have risen by 5.5% a year, and a $7,500 procedure today may cost $37,000 in 30 years.” Read the full piece here: https://tinyurl.com/2yb7yj7b 

Award-Winning Financial Advising

Robertson Stephens paid no fee to obtain recognition but has paid licensing fees to reference its appearances on the Newsweek, USA Today, and FA Magazine rankings lists. See Awards Disclosures

Talk To Us