Health Savings Accounts are triple tax-advantaged plans that can boost your savings rate immensely. However, they are very difficult to find and leverage.
Everyone can utilize Series "I" Bonds. These savings bonds are perhaps the best investment product available to the everyday person.
Therefore, everyone should aim to use Series "I" Bonds throughout their child's life and create an emergency fund and savings account with these products.
If your child gets into an HSA program, then you can help max out contributions by redeeming your savings bonds. It's a nice one-two punch for building wealth. Good Luck!
