Health Savings Accounts. Are they the new tax free 401K? Most people do not utilize the full advantages of these plans. Contributions go in tax free, grow tax free and come out tax free. It is allowable to direct your investments in a Health Savings Account. You can day trade or invest in real estate once you have properly set up the accounts.The only requirement is for any money leaving to be spent on health care related expenses. These still offer a great window of investment opportunity that is most often overlooked. They are a great way to save for retirement and build a "healthy" savings account through investment. (PUN INTENDED) Business owners can lower business costs when this program is initiated. It will provide some coverage for yourself or added benefits to your employees. What most people fail to realize is how beneficial they are when properly funded and utilized. A recent study showed the typical retiree will need $287,000 for medical expenses in their retirement. The study demonstrated that funding the Health Savings Account to a $5,000 or so yearly balance over the course of your working lifetime will easily fund that average $287,000 retirement expense at 5% compounding yearly over 20 years. Contact us for more information, we have a variety of programs available for Health SavingsAccounts with our carriers.