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The Transformative Insights Newsletter – March 2026

 Welcome to this month’s edition of The Transformative Insights Newsletter by AMG Wealth Management. Last year we covered the pros and cons of HSA accounts and high-deductible health insurance plans required to contribute to them. This month, we will conclude the series with HSAs part 3: Three strategies for using HSA funds.

HSA’s part 3: the three strategies for using HSA funds

If you’ve decided an HSA account is right for you, you’ve likely opened one and begun funding it with paycheck deductions, much like a 401(k). But once that money enters your account, you may ask yourself: what should I do with it or when should I use it? This article breaks down three ways to use your HSA funds.

1. Use all of your annual contributions to pay for medical expenses.

This is a common approach for people who don’t have it in their cash flow budget to contribute the maximum $4,400 (2026) in their HSA. Suppose you decide you can afford to put $1,000 into your HSA account for this year. That leaves you with enough funds to pay for that year’s Dental copays ($200), Optometrist copay ($100), Dermatologist copay ($50), your prescription eye glasses ($300), and some doctor visits ($350).

After paying for these medical needs, you have $0 left in your HSA. So, what’s even the point? The point is you get a tax deduction for the $1,000 contribution! If you’re in the 24% bracket, that saves you $240! Not to mention HSA contributions are payroll tax deductible- that’s another $76.50 in savings for a total of $316.50. The alternative is to pay for these medical expenses out of pocket, which unless you itemize (which most people don’t with a high standard deduction), is not a tax deduction.

2. Contribute a large amount (up to $4,400 if you’re under 55, $5,400 if you’re over 55 for 2026) and let it accumulate.

This approach is great for people who want a large tax deduction and have the means to pay for medical expenses out of pocket. The idea behind not using the HSA each year for medical expenses is to let the account grow tax-free. This approach allows you to let tax-free compounding turn the HSA into a large account (possibly over $100,000 given enough time) which you can use like a medical IRA while in retirement. This might be especially appealing considering you can pay for Medicare part B and part D premiums with HSA funds (you cannot pay for Medigaap premiums with HSA funds).

The major downside to this approach is what happens to HSA funds if you pass away. If the account goes to a spouse, you’re in luck- the HSA just becomes your spouse’s HSA. Any other non-charitable beneficiary would receive the HSA balance as taxable income for the year they inherit it. If you leave a $100,000 HSA to your child, they have to treat the entire amount in that year as $100,000 of income on their tax return- this will most assuredly create a tax headache for your heirs come April.

3. Contribute as much as possible but don’t be afraid to use some for your medical expenses each year.

This is the goldilocks approach- the best of both worlds. You can take advantage of the tax deductions on the contributions and not have to pay out of pocket for medical expenses. If you’re healthy and don’t have any emergency rooms visits (kids, stop jumping on the couch!), you just might just have some leftover funds to carry over to next year. Repeat this for 10-20 years and you could have a nice sized $50,000 HSA account at retirement which will allow you to pay most of your medical bills in the first decade or two or retirement. If your able to use the $50,000 HSA to pay for medical bills the first 1-2 decades of retirement, this leaves your 401k/IRA/social security etc. to only have to pay for living expenses, travel, etc.
HSAs are a great way to save for future medical expenses. They really are a type of account most young, healthy people should consider having. Of course, they do come with some drawbacks which make them unsuitable for some people. To see the downsides of the HDHPs required for HSA contributions, please refer back to HSAs Part 2 from our October 2025 edition.

Sincerely,

Adam Gruber CFP®

401(k)s alterative asset rule proposed by Labor Department - CNBC

Last week, private credit firm Apollo Global denied its investors request to redeem 12% of their assets. Apollo Global only granted 5% of the requested liquidations meaning investors only received 40% of the funds they requested. So, if you requested $1,000,000 be withdrawn from the fund, you only received $400,000 meaning you didn’t have access to the other $600,000. This lack of liquidity in down markets is the major risk of investing in private credit and private equity funds. Despite having high yields and their potential for diversifying a portfolio, being denied access to your money when you want it is less than ideal.

 With this backdrop, the Department of Labor just issued a ruling making it easier for 401(k) plans to invest in these private credit funds (as well as cryptocurrency and real estate). At a time when wealthy investors in private credit funds are rushing to get their money out, 401(k)s are now allowed greater access to these investments. As 401(k) participants, you can and should bring up this conlfict of interest if your company’s plan is considering adding access to these investment. Why should you buy the assets that the wealthiest investors are trying so hard to get rid of?

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Creating a Realistic Budget

But what kind of expedient is the greater distinction that he seeks with pleasure. The times are more severe than the pains themselves, but the pleasure is free. It’s a pain in the times of truth to do who seeks or

Review your discretionary spending and look for areas where you can cut back. Small changes, like reducing dining out or canceling unused subscriptions, can add up over time.

An emergency fund is your safety net. Aim to save at least three to six months’ worth of living expenses in case of unexpected events like medical bills or job loss.
Whether you work in marketing, sales, or product design, you understand the importance of a quality landing page. Landing pages are standalone websites used to generate leads or sales—in other words they help you increase your revenue. Unlike typical web pages, landing pages only have one call to action, or CTA, and they are usually tied to a specific marketing or advertising campaign. The hyper-focused nature of landing pages means they come with a pretty standard set of best practices.
What makes an easy-to-use landing page? Overall it’s clear, concise, and doesn’t give users any options except for the main CTA.In terms of copy, your landing page should have one clear message. The header of your page should promote the desired action you want visitors to take. And additionally it should explain the benefits of performing this action.
The visual design of your page should be very simple. Unlike your front page, this is not the place to go crazy with brand personality—so no wild animations or complex design elements. You wouldn’t want to distract visitors from performing the main action of your page.
Landing page CTA’s are typically buttons, sometimes accompanied by an input field if you need to collect user information. To ensure your buttons are clicked, make sure they stand out visually. This can be done with contrasting the button color with your page background and clear copy on the button itself. For example, if you are asking visitors to book a demo, write“Book a demo” clearly on the CTA button.