On Monday, March 5, 2018, the IRS announced that as a part of IRB-2018-10, there will be a revised Health Savings Account contribution limit. The revision comes as a part of the tax reform legislation that was passed at the beginning of this year.  Here’s What’s New The new Health Savings Account contribution limit for […]

Health Savings Accounts have been around since 2003. So, although they have been around for over a decade, there are still a lot of people who remain unfamiliar with them. Health Savings Accounts can be compared to a personal savings account, however, it allows an individual to use untaxed savings to pay their health insurance […]

No one enjoys paying taxes! According to a study, more than half of Americans believe that the taxes they are paying are too high. Surprisingly enough, many people are not utilizing simple tax-saving tools that could easily help to lower their tax bills. One of those tools, in particular, is a flexible spending account.   […]

What is a Health Savings Account? A Health Savings Account, better known as an HSA, is a personal employee owned savings account. HSA’s are established when an employee has selected a high deductible health plan from their employer’s sponsored health plan offerings. Health Savings Accounts help an employee to save money to pay for medical […]

Marketing a Health Savings Account Plan to your employees starts with understanding the benefits and details of an HSA.   Overview Health savings accounts give employees the ability to pay for qualified expenses regarding their healthcare needs with tax-free contributions. Employees can also grow their savings to pay for future and often-unexpected expenses.   Unexpected […]

New Year… New You! Perhaps this year you’re looking to make sure your employees think your company is a great place to work. Happy employees, happy life – right? But, maybe you’re concerned about budgeting for items that make your employees feel like they’re valued. Here are five ways you can keep your employees happy […]

Resolutions are so valuable in creating a guiding light to where you want your company to be at this time next year. We suggest the following resolutions to get you started as you brainstorm your top priorities for your business in 2018:   Invest in Professional Development First things first, make this a year of […]

When choosing your healthcare coverage, you may be overwhelmed by the options. The best thing to do is to review what you have that can be used to your advantage, in layman’s terms. Our experts are here to break down how you can utilize a Health Savings Account, or Flex Contribution Plan while still meeting […]

Both the Flexible Spending Account (FSA) and the Health Savings Account (HSA) are designed to help us save for medical expenses. These funds come out of your paycheck pre-tax and can be used for you and your dependents as needed for eligible out-of-pocket expenses.   FSA FSA means that it is considered a “spending” account, […]

There’s no question that mountains of uncertainty currently surround our healthcare system, the benefits and its future. No one knows what will be around a year from now or even a couple of months from now. Terms change daily and each trip to the doctor brings up another unknown roadblock. If you’re a business owner, […]