The most common way to save for retirement through our employers is a workplace retirement account such as a 401(k) or a 403(b) plan. If we are self-employed, we might use a Keogh or a self 401(k) plan instead.
However, these conventional ways to save may not represent the best choices. If you are employed and can realize similar rates of return, you may be better off contributing to a Health Savings Account (HSA) before funding conventional retirement accounts. (Note that depending on the actual circumstances, if your employer provides some sort of match to your contributions, you should take advantage of that benefit first.)
Discover more about Health Savings Accounts here
This post appeared first at Apprise Wealth Management.