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For many employees faced with the prospect of having to save for rising healthcare costs and for retirement, it’s important to understand that it doesn’t necessarily have to be an either/or decision.
That’s the finding of Fidelity Investments’ latest study which shows that employees who invest in Health Savings Account programs offered by their employer also tend to be bigger savers when it comes to their 401(k) retirement savings programs.
Dave Lindorff, winner of a 2019 “Izzy” for Outstanding Independent Journalism from the Park Center for Independent Journalism, is a freelance writer for Employee Benefit News.
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