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CNBC

More Americans are using this ‘loophole’ to save more for retirement—here’s how it works

By Kathleen Elkins

More and more Americans are using a health savings account (HSA) to supplement their retirement savings: As of January 2017, 21.8 million people had opened a HSA, a 9 percent increase in enrollment from 2016.

“It’s kind of like this retirement loophole trick,” certified financial planner at Betterment Nick Holeman tells CNBC Make It.

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This article originally published September 1st, 2018 on CNBC

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