HSAs

With more employees enrolling in health savings accounts, choosing the proper admin has never been more critical for employers.

Employers, here’s why you should tell employees contributing to a triple-tax-free health savings account is more valuable and versatile than boosting a retirement plan.

Employers should inform their workers about the benefits of increasing their 401(k) contributions and investing in health savings accounts, among other tips.

IRS rules allow clients in certain circumstances to tap their retirement accounts before the age of 59 1/2 without a 10% penalty. But this still should be considered a last resort, an expert says.

From direct contracting to virtual care, a growing number of companies are shaking up how healthcare and wellness solutions are delivered to employees.

The right health insurance is all that’s needed to use this triple-tax advantaged savings account.

The proposed changes to health savings accounts will require employee notifications and communication efforts as well as enrollment system and payroll changes.

The proposed changes to health savings accounts will require employee notifications and communication efforts as well as enrollment system and payroll changes.

The measures would increase plan design flexibility for high-deductible plans and could have a large impact on employee enrollment if they become law.

Health savings account participants are more engaged in their healthcare decisions but still see HSAs as ways for reducing medical expense.

Employers should outline to employees how HSAs can be a key financial planning tool for a more secure future.

Chances are, if you offer a high-deductible health plan with a health savings account, your workers aren’t crystal clear on the benefits. But these sure-fire tips can change that.

Employers should inform their workers about the benefits of increasing their 401(k) contributions and investing in health savings accounts, among other tips.

Employees still don’t know the basics of using and saving with a health savings account, according to Fidelity Investments.

The new tax law has nearly doubled the standard deduction and limits the deduction for state and local taxes, making it less likely for taxpayers to itemize their deductions.

Employees should first max out HSA contributions regardless of their tax bracket, and contribute to their traditional retirement plans afterwards.

HSAs can address future costs, they’re triple tax-free, integrate with existing plans and can boost employee recruitment.

No change was announced to the HSA catch-up contribution limit but married couples need to look into the details.

Employees should first max out HSA contributions regardless of their tax bracket, and contribute to their traditional retirement plans afterwards.