The cost of healthcare continues to steadily rise year over year. In an environment of escalating premiums, many employers are in search of alternatives to the status quo. Whether the solution is a lower cost plan or increased...
Read More5 ways to get your employees excited about HSAs
HSA, Employers, HSA investing, HSA contributions, HSA spending
Consumer-directed healthcare plans (CDHP) accompanied with health savings accounts (HSAs) continue to increase in adoption, 20% year over year growth from 2017. Electing the plan is just the beginning. Many employers find it...
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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 More2019 FSA contribution limit increased
HSA, Employers, tax savings, HSA contributions, FSA, FSA contribution limit
It’s official. The IRS has just announced that for 2019, individuals can contribute $2,700 to their FSA. That is an increase from the 2018 limit of $2,650. The FSA increase also applies to limited-purpose FSAs (LPFSA) that is...
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Once upon a noon day napping, with my co-workers making a constant yapping,
Over oft-discussed matters of weather and how their team played the night before —
While I drifted, not quite sleeping, suddenly there came a knocking,
Read MoreWhy employees leave and how to keep them using a health and wealth strategy
HSA, Employers, tax savings, retirement, 401(k), HSA contributions
Since the inception of the employer-employee relationship there has been employee turnover. Every employer knows that turnover is inevitable and have factored in the costs into the price of doing business.
One way to lengthen...
Read More7 tips for a more effective HSA
HSA, HSA contribution limit, tax savings, HSA questions, HSA contributions
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...
Read MoreThe 3 tax advantages of HSAs
HSA, HSA contribution limit, tax savings, HSA questions, HSA contributions
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...
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Note: This is the second of a 3-part series of blog posts. A previous blog post discussed contributing to an HSA, and a subsequent post will discuss distributing (or spending) HSA funds.
Since 2003, when they were created,...
Read MoreThree things you should know about HSAs - Part 1: Contributing to your HSA
HSA, HSA contribution limit, HSA questions, HSA contributions
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...
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