HSAs

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.