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It’s important to stay current on COVID-related legislation and guidance. As 2021 winds down and we look ahead to 2022, let’s review the key regulatory elements that may affect your health plans. First, we’ll revisit the various COVID-related legislation, guidance,…
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Key Ways to Maximize a Further Debit Card
Many types of Further accounts, including health savings accounts (HSAs) and flexible spending accounts (FSAs), offer a debit card that gives members a convenient way to pay for eligible expenses right in their wallet. However, many members don’t fully understand…
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Recent COVID-19 Announcements and What They Mean for Further Account Holders
Download Further’s COVID-19 white paper and infographic. Passed in March 2020, the Coronavirus Aid, Relief, and Economic Security (CARES) Act was the first piece of federal legislation addressing the impact of the COVID-19 pandemic. This act included important provisions for health…
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Life Changes and HSAs: Experiencing a Divorce
Big life changes can throw employees for a loop, and divorce can be one of the most difficult life changes to navigate. The process of untangling assets and finances can often be long and complicated. Employee benefits – like health…
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Managing Health Care and HSA Coverage for Your Young Adult Child
When your children turn 18, there are a significant number of life changes that take place. They’re graduating high school, going off to college, starting their first jobs, and perhaps living independently for the first time. As they head off…
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IRS Announces 2022 HSA and HDHP Limit Increases
The IRS has announced increased contribution limits for Health Savings Accounts (HSAs) in 2022. The new limits are: $3,650 for individuals (up $50 from 2021) $7,300 for family plans (up $100 from 2021) No changes were made to high deductible health plans’…
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Support Family Benefits with the Adoption Assistance Program
Every year, thousands of U.S. families adopt a child and need to pay for adoption expenses, which can be costly. But there is a way that companies can help employees embarking on this life journey – through an Adoption Assistance…
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Managing Investment Accounts During Market Fluctuations
Recent headlines have been filled with news of rapid and wild fluctuations in the value of investments such as mutual funds and money market accounts, causing many people to reassess their investment portfolios to make sure they are meeting their…
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Three “201” Strategies for Maximizing HSAs
When it comes to health care consumerism, we have good news. Through both offline and online resources, our data shows that consumers are becoming more educated on using their health care spending dollars wisely. Consider these facts: Consumer Directed Health…
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Life Changes and HSAs: The Death of an Account Holder
As you present team members with their health care options, many employees may wonder what happens to these benefits after they die. It’s a tough thing to consider, but employees want to make sure that their loved ones will be…
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Life Changes and HSAs: How to Advise Employees Turning 65
With every age comes new milestones and turning 65 is no different. Many of your team members might start thinking about retirement at this age, and even if an employee is still actively working at 65, if they have a…
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