Health savings accounts (HSAs) are perhaps the most powerful savings vehicles, especially for retirement savings, because of their significant tax advantages. Yet, too many HSA owners don’t reap all the advantages of their accounts.
Social Security provides a guaranteed source of income in retirement, but what many don't realize is that you're not guaranteed to keep it all. Some retirees owe taxes on their Social Security benefits, but it all depends on your income. Here's a closer look at how your retirement fund withdrawals play into all of this.