HSAs

The number of health savings accounts has topped 25 million, and client contributions also have increased after several years of decline.

Employer clients are embracing HSAs, and forging new trails, to help curb the cost of healthcare.

Employers are embracing HSAs, and forging new trails, to help curb the cost of healthcare.

Many younger employees think they can’t save for their post-work years. But Optum Bank CEO Deborah Culhane says they can — and argues health savings accounts may be the best vehicle to do so.

Many younger employees think they can’t save for their post-work years. But Optum Bank CEO Deborah Culhane says they can — and argues health savings accounts may be the best vehicle to do so.

The number of health savings accounts has topped 25 million, and employer contributions also have increased after several years of decline.

It’s the ideal time to reboot the conversation with employees about health savings accounts and the array of tax advantages they offer.

Grandchildren won't be able to have their own accounts until they are earning their own income, but they can be named beneficiaries.

The company, which has more than 700,000 accounts, now allows employees to view their election amounts and total account, investment and cash balances, among other updates.

There are still several moves that clients can make to reduce their 2018 tax bill.

The retailer’s move marks an exciting opportunity for the largely misunderstood and underutilized savings tools.

The retailer’s move marks an exciting opportunity for the largely misunderstood and underutilized savings tools.

The move is the latest in a string of healthcare initiatives from the online retailer.

Seniors will face a 20% penalty on top of income taxes if they withdraw funds from a health savings account for non-medical expenses before the age of 65.

Although more taxpayers are expected to use the standard deduction, they can still claim the tax deduction for IRA contributions.

Lawmakers and policymakers should make retirement savings plans universally available if they want to help Americans secure their golden years.

For employers sponsoring high-deductible health plans with health savings accounts, ensuring that the HDHP continuously remains HSA-qualified is no easy task. But this checklist can help.

Clients will be able to contribute more to these accounts in 2019 because of changes in tax law, but choosing a plan is still no easy decision.

Employers, time to brush up on — and tell employees about — caps set by the IRS for the coming year.