[1] “Health Care and Long-Term Care Consumer Survey,” conducted by Harris Poll on behalf of the Nationwide Retirement Institute (2018). The fourth annual survey was conducted online within the United States from Feb. 5 though 22, 2018, among 1,007 adults ages 50 and older who have a household income of $150,000 or more (“affluent adults”), and 522 adults ages 50 and older who are or have been caregivers.
[2] “How much does out-of-pocket medical spending eat away at retirement income,” Center for Retirement Research at Boston College (October 2017).
[3] “Savings Medicare Beneficiaries Need for Health Expenses: Some Couples Could Need as Much as $400,000, Up From $370,000 in 2017,” Employee Benefit Research Institute (October 2018).
[4] Participants must be enrolled in a High-Deductible Health Plan (HDHP) to contribute to an HSA.
*HSAs are not taxed at a federal income tax level when used appropriately for qualified medical expenses. Most states, but not all, recognize HSA funds as tax-free. Please consult a tax professional regarding your state's specific rules.
HealthEquity Inc. is an IRS-authorized nonbank custodian of health savings accounts (HSAs). Nationwide and HealthEquity are separate and nonaffiliated companies.
The Nationwide Guaranteed Interest Account is an unregistered group fixed annuity which is issued by, and any guarantees are subject to the claims-paying ability of, Nationwide Life Insurance Company, Columbus, OH.
Nationwide plan representatives are Registered Representatives of Nationwide Investment Services Corporation (NISC), member FINRA, Columbus, Ohio. Nationwide Retirement Institute® is a division of NISC. Nationwide representatives cannot offer investment, legal or tax advice. Contact your professional for these services.