Health savings accounts (HSAs) offer individuals and families the ability to save tax-free funds for qualified medical expenses. HSAs are available for those who have high-deductible health care plans. Unused money at the end of the year continues to grow tax-deferred, year after year.

You can invest in alternative assets to build tax-sheltered wealth within HSAs just as you can with self-directed IRAs. Alternative investments such as real estate, partnerships, or notes, allow you to potentially build wealth faster than you might otherwise through traditional assets.