As COVID-19 vaccine distribution continues to ramp up, many employers are considering whether and to what extent they should incentivize the vaccine among employees. Vaccine mandates are unlikely for several reasons, mostly...Read More
It was a year like no other year. And yet, tax season is upon us again. The good news? The dollars you didn’t spend on great adventures in 2020 can earn you great savings on your 2020 tax bill.1 Add a little or add lot to your...Read More
Many organizations are abuzz with excitement over the recent Consolidated Appropriations Act, 2021 (the “Act”), which provides temporary new relief for flexible spending accounts (FSAs). With the legislation, organizations can...Read More
December is birthday month for the health savings account (HSA)!
Seventeen years ago, on December 8, 2003, the Medicare Prescription Drug, Improvement, and Modernization Act was signed into law. This legislation replaced the...Read More
The COVID-19 pandemic has been challenging for everyone, but it’s been especially difficult for working families, according to a new national omnibus survey from HealthEquity.
Conducted in the fall of 2020, the survey asked...Read More
Your health savings account (HSA) packs more punch than ever.
The IRS announced higher HSA limits for the 2021 tax year, which means opportunity to save even more.Read More
The IRS announced updated contribution limits for 401(k)s and other tax-advantaged accounts1 for 2020. These increases are more than just random numbers – they translate to significant opportunities for your employees to...Read More
Health savings accounts (HSAs) provide many benefits to employees and can be a great way for them to save money on taxes1 and save for the future. However, you as an employer can also benefit from HSAs, and the savings can...Read More
Whether you are a baby boomer nearing retirement, a Generation X’er in the middle of your career or a millennial just starting out, you have at least one thing in common with your co-workers:
You need to prepare for retirement.Read More