Make a last-minute contribution to your Health Savings Account (HSA) to potentially reduce your tax bill
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HSAs are the most powerful tax-advantaged1 savings tools available. And now savvy health savers are taking advantage of an HSA “hack” that brings even more value and flexibility: Delayed reimbursement. The trick is that you...
Read MoreIt 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 MoreYour 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.
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The recent Coronavirus Aid, Relief and Economic Security Act (the “CARES Act”) signed into law includes a key provision that can benefit everyone with a health savings account (HSA) or other health accounts.*
Those with an...
Read MoreThe $2 trillion Coronavirus stimulus bill, called the CARES Act, is making headlines as the largest rescue package in American history. It also includes several provisions that will make a major impact on those with health...
Read MoreNote: When this blog article was originally posted, April 15, 2020 was the tax filing deadline for 2019 tax year. With the impacts being felt by COVID-19, the Internal Revenue Service (IRS) has extended the tax filing deadline...
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...
Read MoreHealth 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 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.
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