This year the 2021 tax filing deadline is April 18, 2022. That means you have a few extra days to make a last-minute contribution to your Health Savings Account (HSA) to potentially reduce your annual tax bill.1 You’re allowed...Read More
2022 is here, and with a new year comes updated contribution limits for your team members’ benefit accounts. This information is important to help your people make plans for the upcoming year.
Limits are typically announced at...Read More
These days, the health savings account (HSA) is almost a household name. Created in 2003, more than 30 million accounts have been opened in the past 18 years.1 But just because the HSA is common doesn’t mean it’s well-understood....Read More
HSA. FSA. HRA. HIA.
If you’re confused by the acronyms listed above, you’re not alone. The healthcare industry throws these around and expects everyone to know what they mean. But many people don’t.
For the record, here’s what...Read More
The IRS announced last year that health savings account (HSA) contribution limits have increased for 2019, giving you and your employees the chance to save more than ever.
As a response to rising inflation, the contribution...Read More
Health savings accounts (HSAs) are one of the most effective options to save money for healthcare expenses and retirement, but many accountholders don’t take advantage of all the benefits. Some of your employees may already have...Read More
Health savings accounts (HSAs) are one of the most tax-advantaged1 accounts that the IRS recognizes. Other retirement accounts are taxed at some point — whether that’s when the funds go into the account or when the funds are...Read More
Note: This is the first of a three-part series. Look for future posts on growing your HSA funds and distributing (or spending) your HSA funds.
Health savings accounts (HSAs) are one of the most tax-advantaged accounts allowed by...Read More