Announcing 2022 FSA, commuter, and adoption contribution limits

FSA, FSA contribution limit, IRS, health savings, Commuter, Adoption

The Internal Revenue Service (IRS) announced the official 2022 Flexible Spending Account (FSA), commuter, and adoption limits. It’s good news for accountholders wanting to save money on their eligible expenses. Read on to...

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IRS expands list of preventive care services

HSA, IRS, high deductible health plan, preventive care

The IRS announced an expanded list of preventive services which health plans may choose to cover as a first-dollar or pre-deductible expense for high-deductible health plan enrollees.

Particularly, the expanded list includes...

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Qualified medical expenses

HSA, Employers, qualified medical expenses, HSA record keeping, non-qualified medical expense, IRS

A health savings account (HSA) is one of the most advantageous ways to save money for the future, including for retirement. Its primary purpose, however, is to help accountholders save and pay for current or future healthcare...

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