https://www.khanacademy.org/math/financial-mathematics-tx-teks/x647545bbd61df4a7:investments-and-retirement/x647545bbd61df4a7:investing-and-taxes/v/non-typical-investment-accounts 2025-02-10T19:32:58.688075764Z Non-typical investment accounts Non-traditional investment accounts like 529 plans, HSAs, and variable life insurance offer unique advantages. A 529 plan provides tax-free growth for education expenses and high contribution limits. An HSA offers triple tax benefits and investment options once a certain balance is reached. Variable life insurance allows tax-free growth by investing part of your premium, with benefits for both you and your family. Sal Khan video https://cdn.kastatic.org/ka_thumbnails_cache/b0a459d1-50f7-47b2-b992-2095ea84df1b_1280_720_base.png Non-typical investment accounts Non-traditional investment accounts like 529 plans, HSAs, and variable life insurance offer unique advantages. A 529 plan provides tax-free growth for education expenses and high contribution limits. An HSA offers triple tax benefits and investment options once a certain balance is reached. Variable life insurance allows tax-free growth by investing part of your premium, with benefits for both you and your family. https://cdn.kastatic.org/ka-youtube-converted/eY7oy4LxPjM.mp4/eY7oy4LxPjM.mp4 313 Investing and taxes https://www.khanacademy.org/math/financial-mathematics-tx-teks/x647545bbd61df4a7:investments-and-retirement/x647545bbd61df4a7:investing-and-taxes/a/investing-in-529-plans-hsa-and-life-insurance 2025-01-16T15:53:14.681932374Z Investing in 529 plans, HSA, and life insurance When we think about investing, our minds often go straight to retirement accounts like 401(k)s or IRAs, or maybe even a regular brokerage account. But there’s more out there! Non-traditional investment accounts—like 529 plans, Health Savings Accounts (HSAs) with investment options, and variable life insurance policies—offer some really interesting benefits that can help you reach specific financial goals. Let’s explore what these accounts are and why they might make sense for you. article https://www.khanacademy.org/math/financial-mathematics-tx-teks/x647545bbd61df4a7:investments-and-retirement/x647545bbd61df4a7:investing-and-taxes/e/other-investment-accounts 2025-02-06T16:26:27.83258747Z Other investment accounts Practice understanding of 529 plans, HSAs, and variable life insurance as non-traditional investment accounts. Elvira Valdez exercise https://www.khanacademy.org/math/financial-mathematics-tx-teks/x647545bbd61df4a7:investments-and-retirement/x647545bbd61df4a7:investing-and-taxes/v/early-withdrawals-and-penalties 2026-06-26T15:40:50.739424638Z Early withdrawals and penalties Early withdrawals from a Roth IRA only incur penalties and federal income taxes on the investment gains because the principal contributions consist of post-tax dollars. Conversely, an early withdrawal from a traditional 401(k) requires paying both penalties and income taxes on the entire amount withdrawn since it consists entirely of pre-tax money. Sal Khan video https://cdn.kastatic.org/ka_thumbnails_cache/3ee00567-8e73-49ce-8143-03061023041e_1280_720_base.png Early withdrawals and penalties Early withdrawals from a Roth IRA only incur penalties and federal income taxes on the investment gains because the principal contributions consist of post-tax dollars. Conversely, an early withdrawal from a traditional 401(k) requires paying both penalties and income taxes on the entire amount withdrawn since it consists entirely of pre-tax money. https://cdn.kastatic.org/ka-youtube-converted/AbNev7JKgKg.mp4/AbNev7JKgKg.mp4 221 Investing and taxes https://www.khanacademy.org/math/financial-mathematics-tx-teks/x647545bbd61df4a7:investments-and-retirement/x647545bbd61df4a7:investing-and-taxes/e/calculate-early-withdrawal-penalties-and-taxes 2026-06-29T19:40:46.038950604Z Calculate early withdrawal penalties and taxes Practice calculating penalties and taxes for retirement withdrawals from 401(k)s and IRAs. Elvira Valdez exercise