Health savings accounts
There's an opportunity to help clients take full advantage of their health savings accounts (HSAs). Majority of those who contribute to an HSA use it to only pay for today's health care expenses and not as an investment vehicle.1 That's why it's important to help clients realize they can use their HSA as a long-term investment vehicle, as well as a tax-efficient way to save for retirement health care costs.

More than half of Americans do not know the advantages of an HSA.1

Health savings accounts offer another way to help clients save for retirement

An HSA is a tax-favored account that works with an HSA-qualified high-deductible health insurance plan. HSAs can be a powerful health care planning tool, but they're frequently overlooked as an effective way to help save for retirement.

For financial professionals

Nationwide's HSA solution
Available to participants in a Nationwide-administered Retirement Plan.

HSA benefits

Triple tax free2

  • Pretax savings
  • Tax-free growth
  • Tax-free withdrawals

Potential retirement savings vehicle

  • No required minimum distributions
  • Transferable to spouse or beneficiary upon death
  • No use-it-or-lose-it feature

The Nationwide Retirement Institute has specialists with the Certified Health Savings Adviser designation who can help you learn more to better assist your clients. A continuing education class is also available with information about using HSAs as a powerful health care planning tool.

We're here to help

Contact the Nationwide Retirement Institute Planning Team at to learn how HSAs can help your clients save for retirement.

1 2020 Nationwide Health Care Consumer Survey, conducted by The Harris Poll on behalf of the Nationwide Retirement Institute (2020). The ninth annual survey was conducted online within the United States from May 7-26, 2020, among 1,940 adults ages 24 and older.

2 HSAs are not taxed at a federal income tax level when used appropriately for qualified medical expenses. Also, most states, but not all, recognize HSA funds as tax-free. Please consult a tax advisor regarding your state's specific rules.