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A Health Savings Account (HSA) can serve as a powerful complement to retirement accounts like SEP‑IRAs and Solo 401(k)s, especially for self‑employed therapists who want both tax advantages and flexibility in managing healthcare costs. For therapists in private practice, financial planning often feels like juggling multiple priorities: saving for retirement, managing taxes, and covering healthcare expenses. While SEP‑IRAs and Solo 401(k)s are excellent for long‑term retiremen

Self-employed therapists have several retirement account options, including SEP-IRAs, Solo 401(k)s, and Roth IRAs. Each plan offers different contribution limits, tax advantages, and administrative requirements, making it possible to tailor savings strategies to your practice size and income level. For many therapists, the decision to go into private practice is about autonomy, flexibility, and building a career that reflects personal values. Unlike W-2 employees who may have