IRS Reduces HSA Family Contribution Limit for 2018
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
Medicare Beneficiaries: Are They Allowed to Contribute to HSA?
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
What are the Tax Benefits of a Flexible Spending Account?
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
5 Reasons You Should Offer HSAs to Your Employees
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
How to Market HSA Eligible Plans to Employees
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
5 Ways You Can Keep Employees Happy for Little to No Cost
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
NEW YEAR’S RESOLUTIONS FOR YOUR BUSINESS
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
DESIGNING YOUR HSA OR FLEX CONTRIBUTION PLAN TO MEET AFFORDABILITY REQUIREMENTS
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
FSA AND HSA: WHAT IS THE DIFFERENCE?
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
5 REASONS YOU SHOULD OFFER HSA’S TO YOUR EMPLOYEES
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