Health Savings Account (HSA) Calculator

When used for qualified health expenses, an HSA can be triple tax advantaged: pre-tax deposits, tax-free growth, and tax-free withdrawals. That makes them a potentially powerful tool for tax efficient investing strategies.

Moreover, HSAs are often described as “Stealth” IRAs, since major tax advantages can still apply to withdrawals for non-qualified expenses. But it’s important to understand all the rules, as significant penalties can apply if certain rules are broken.

How To Use This Calculator

  • This calculator will calculate the expected wealth that can be created by using an HSA to shelter assets from taxes.
  • It is prepopulated with default values for ten different questions. Adjust these values based on your individual circumstances to change the expected value creation.
  • Note that, by default, this calculator assumes that you will use the HSA as a “stealth IRA” and withdraw the entire amount in retirement for non-qualified expenses. You can change this assumption in question 10 below.

Download this tool as a spreadsheet >>

Share This Tool

You are free to use this tool on your website. Simply copy and paste the HTML code below. You must include attribution and links to

<style>@media screen and (max-width: 640px){#og_iframe{height: 500px;width:100%;}}@media screen and (min-width: 641px) and (max-width: 1024px){#og_iframe{height: 500px;width:100%;}}@media screen and (min-width: 1025px){#og_iframe{height: 1000px;width:100%;}}</style><div id='og_iframe' style='-webkit-overflow-scrolling: touch; overflow: auto;'><iframe title="HSA Wealth Calculator" src='' style='border: none; overflow: hidden; width:100%; height: calc(100% - 31px);' scrolling='yes' allow="camera *;"></iframe></div>
<p><a href="">HSA Calculator</a></p> created by <a href=""></a></p>