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HSA vs. 401k vs. IRA: How do these retirement accounts stack up

WEX Inc.

How is your HSA vs. your 401(k) vs. your IRA shaping up for retirement planning? The average 65-year-old couple retiring today will need $351,000 to cover healthcare and medical costs in retirement. To help you prepare, here is a breakdown of three common retirement accounts: an HSA vs. a 401(k) vs. an IRA.

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How HSAs can transform retirement planning and your common questions

WEX Inc.

Click below to get your free HSA retirement white paper. HSAs have comparable — or better — perks than a 401(k) or IRA with respect to healthcare costs, including: HSA contributions reduce taxable income. Withdrawals for HSA eligible medical expenses are tax-free. That’s nearly double from four years earlier.