HealthEquity blog

Three things you should know about HSAs - Part 3: Spending your HSA funds

Posted by HealthEquity on Aug 14, 2018 12:00:00 PM

Note: This is the last of a 3-part series of blog posts. Previous blog posts in the series discussed contributing to an HSA and growing HSA funds.

In a report last year, the Centers for Medicare and Medicaid Services said “U.S. health care spending increased 4.3% to reach $3.3 trillion, or $10,348 per person in 2016.” The report broke the spending down further as follows:

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Topics: HSA, HSA questions, HSA fees, HSA spending

HSAs remain a valuable tax-saving option

Posted by HealthEquity on Mar 20, 2018 11:55:00 PM

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“In this world nothing can said to be certain, except death and taxes.” — Benjamin Franklin

With the passage of new tax laws in December 2017, the United States Congress made changes for deductions and corporate tax rates, but they left the tax benefits that come from health savings accounts (HSAs) alone. More recently, the annual family contribution for 2018 was reduced (read more here).

HSAs are one of the most tax-advantaged programs allowed by the IRS. Since their creation in 2003, millions of people have taken advantage of the tax savings, healthcare and retirement benefits that come from having an HSA.

When it comes to your employees, HSAs offer three ways to save on taxes.1 As an employer, you can also take advantage of tax savings. Here’s how:

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Topics: HSA, HSA investing, HSA questions, HSA fees

Updated April 26, 2018: IRS adjusts HSA contribution limit for family plans

Posted by HealthEquity on Mar 8, 2018 10:59:36 AM

UPDATE: On April 26, 2018, the IRS reversed their guidance and restored the maximum annual contribution limit for a family HSA to $6,900 for taxpayers with qualifying coverage. Accountholders wishing to make the maximum annual contribution, and who have adjusted their current contributions based on the lower limit, may now adjust their contributions as needed.


On March 5, 2018 the IRS announced that the maximum annual HSA contribution limit for an individual with family coverage in 2018 has been lowered from $6,900 to $6,850. The maximum annual HSA contribution limit for an individual with self-only coverage remains at $3,450. There is also a $1,000 catch-up contribution available to individuals who will be at least 55 years old during 2018.

There is a possibility that this change could be reversed and/or amended. HealthEquity will be following future developments and updating this blog post with more information as it becomes available.

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Topics: HSA, HSA investing, HSA questions, HSA fees

5 more answers to top HSA questions

Posted by HealthEquity on Feb 20, 2018 12:13:12 PM

 Note: A previous blog post discussed answers to the top 10 HSA questions. We will continue to bring you answers to top HSA questions.

This post is part of our ongoing series of articles related to the top questions about HSAs. The following questions are popular questions about using an HSA to save.



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Topics: HSA, HSA investing, HSA questions, HSA fees

More answers to top HSA questions

Posted by HealthEquity on Jan 15, 2018 11:55:00 PM

Note: A previous blog post discussed answers to the top 10 HSA questions. We will continue to bring you answers to top HSA questions.

Health Savings accounts (HSAs) can be beneficial for employees as well as your company. Still, employees may have questions about these accounts (especially if you are offering it to them for the first time). The following are more answers to some common questions about HSAs:



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Topics: HSA, HSA investing, HSA questions, HSA fees

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