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...
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HSA, HSA contribution limit, retirement, FSA, FSA contribution limit, IRS, hra, health savings, Commuter, Adoption
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 MoreWhether you have health insurance through your employer or another organization, you’re likely already familiar with a health savings account (HSA)—a specific type of savings account that lets you set aside money for qualified...
Read MoreThis fall we conducted a survey of 1,155 full-time employees across the United States to understand how they were managing healthcare expenses during COVID-19. We found that many are unaware of how much healthcare services cost,...
Read MoreHSA, tax savings, retirement, 401(k), HSA contributions, FSA contribution limit, high deductible health plan
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 increase...
Read MoreHSA, tax savings, retirement, HSA contributions, HSA benefits
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 MoreHSA, tax savings, retirement, HSA contributions, HSA benefits, high deductible health plan, Medicare
A bi-partisan effort in Congress is underway that would allow Medicare recipients to open and contribute to a health savings account (HSA).
H.R.3796, the Health Savings for Seniors Act, would allow more than 57 million Americans...
Read MoreHSA, Employers, tax savings, retirement, HSA contributions, HSA benefits, employees
An important part of any business is to attract and retain highly-skilled workers. Most employers provide benefits ranging from paid vacation time and tuition reimbursement to bonuses and raises.
And then there are health...
Read MoreHSA, retirement, 401(k), FSA questions, HSA benefits, CDHP, qualified medical expenses
In November 2018, Gallup released the results of a poll showing 79 percent of people were dissatisfied with the total cost of healthcare in the United States.
That same poll asked respondents to describe the U.S. healthcare...
Read MoreHSA, tax savings, retirement, HSA contributions, HSA benefits
A health savings account (HSA) can be a great way to save for healthcare expenses in retirement. Employee Benefits Research Institute (EBRI) estimates that a couple in retirement will need $301,000 to have a 90% chance of having...
Read MoreThere is a phenomenon known as "status quo bias." When given the choice to do something and do nothing, it’s what causes people to do nothing. Status quo bias leads to people to not check the box, or not enroll in workplace...
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