HSA Calculator

When used for qualified health expenses, an HSA can be triple tax advantaged: pre-tax deposits, tax-free growth, and tax-free withdrawals. That makes them a potentially powerful tool for tax efficient investing strategies.

Moreover, HSAs are often described as “Stealth” IRAs, since major tax advantages can still apply to withdrawals for non-qualified expenses. But it’s important to understand all the rules, as significant penalties can apply if certain rules are broken.

How To Use This Calculator

  • This calculator will calculate the expected wealth that can be created by using an HSA to shelter assets from taxes.
  • To enter your own assumptions:
    • Open this calculator in Google Sheets
    • To download this calculator as an Excel spreadsheet file, click here and then select File > Download > Microsoft Excel (.xlsx)
    • To edit in Google Sheets, make a copy and save to your personal Google Drive.