They’re both tax advantaged accounts - meaning you don’t have to pay taxes on them in most situations.
HSA is supposed to be a Health Savings Account, but has turned into more of a retirement account. 401k is Americas sad replacement for pensions as workers need to contribute to it and so it largely only helps wealthier people.
The more general advice would be - make sure to save and invest money (preferably in ways that avoid taxes if possible).
Is every responder supposed to research how investing and retirement works in every country on the planet and answer in kind? If you don’t have these programs where you live then just keep scrolling or submit your own response.
Are you required to open your virtual mouth anytime something isn’t directed at you? Are you op? Did I answer your question? If you hadn’t opened your virtual mouth would you be here having me shit talk you like a toddler?
How about you consider what actions you took to end up here.
I think the confusion about your reply is that it reads like you’re assuming the person giving advice was being ego-centric or thinking everyone lives in the US or something, when in reality they were just answering the question. Nothing malicious. Spreading their own wisdom.
WTF is an HSA or 401k? We’re not all US Americans…
They’re both tax advantaged accounts - meaning you don’t have to pay taxes on them in most situations.
HSA is supposed to be a Health Savings Account, but has turned into more of a retirement account. 401k is Americas sad replacement for pensions as workers need to contribute to it and so it largely only helps wealthier people.
The more general advice would be - make sure to save and invest money (preferably in ways that avoid taxes if possible).
They are. Bravo on that awareness you felt the need to try and point out.
The title didn’t say “40 year olds in the US” now did it? Am I required to research every poster’s history? Jeez.
Is every responder supposed to research how investing and retirement works in every country on the planet and answer in kind? If you don’t have these programs where you live then just keep scrolling or submit your own response.
Are you required to open your virtual mouth anytime something isn’t directed at you? Are you op? Did I answer your question? If you hadn’t opened your virtual mouth would you be here having me shit talk you like a toddler?
How about you consider what actions you took to end up here.
I think the confusion about your reply is that it reads like you’re assuming the person giving advice was being ego-centric or thinking everyone lives in the US or something, when in reality they were just answering the question. Nothing malicious. Spreading their own wisdom.