Information and Tools to Help you Build your Financial Future

In the Know 

If you’re eligible, a health savings account (HSA) could help you save today for both medical expenses and other expenses in retirement. You may be able to contribute pretax dollars from your paycheck and can spend the money tax-free on qualified medical expenses, such as doctor visits and prescriptions. Did you know you can also invest all or a portion of your HSA savings for long-term growth? When you do that, you won’t pay federal income taxes on any growth, and unspent money rolls over year after year. Starting at age 65, you can use the money for anything, without a penalty. You only pay income tax on withdrawals for nonmedical expenses, similar to how you would with other pretax retirement accounts, such as a 401(k).  

Inquiring Minds

Q: What is the most I can save this year in a health savings account?  

A: In 2026, you can contribute up to $4,400 for self-only coverage and $8,750 for family coverage. As with your workplace retirement plan, consider contributing enough to receive the full employer match on your HSA contribution (if offered and applicable).  

To Do List

If you anticipate receiving a tax refund this year, consider creating an emergency fund with some or all of it. It’s important to have this money available for when something unexpected comes up, such as a car, refrigerator or dishwasher breaking down. Aim to have 3‒6 months of living expenses saved in an account that is separate from your checking account. 

Financial Fitness

Looking to incorporate charitable giving into your financial planning efforts? A donor-advised fund is a simple way to give to charity while receiving a tax benefit. You donate money or investments, get a tax deduction right away and then choose which charities to support over time. It’s a helpful option for people who want to give thoughtfully and spread their charitable impact over multiple years.  

This material was created for educational and informational purposes only and is not intended as ERISA, tax, legal or investment advice. If you are seeking investment advice specific to your needs, such advice services must be obtained on your own separate from this educational material. 

HUB Retirement and Private Wealth employees are affiliated with and offer Securities and Advisory services through various Broker Dealers and Registered Investment Advisers, some of whom may or may not be affiliated with HUB International.  HUB International owns the following Registered Investment Advisers:  HUB Investment Partners; HUB Investment Advisors; Global Retirement Partners, LLC; RPA Financial; and Taylor Advisors. Additional information for each individual HUB International Registered Investment Advisor may be found in the respective Form ADV available on the SEC’s IAPD website at https://adviserinfo.sec.gov. Insurance services are offered through HUB International.
RPW-557-0226