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A Reminder to Your Team Members: Spend Down FSA, HRA Balances by Year’s End

October 13, 2021

As the end of the year nears, it’s important for your team members to think about what to do with any remaining funds in their flexible spending account (FSA) and/or Health Reimbursement Arrangement (HRA) account. For accounts with standard plan years,…

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IRS Announces 2022 HSA and HDHP Limit Increases

May 11, 2021

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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Adoption Assistance Blog Featured

Support Family Benefits with the Adoption Assistance Program

May 4, 2021

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

April 20, 2021

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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Advanced HSA strategies to maximize your account

Three “201” Strategies for Maximizing HSAs

April 8, 2021

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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what happens when an HSA owner dies?

Life Changes and HSAs: The Death of an Account Holder

March 25, 2021

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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What to know when you turn 65 with an HSA

Life Changes and HSAs: How to Advise Employees Turning 65

March 10, 2021

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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4 hsa strategies for maximizing their use

4 HSA Strategies for Maximizing Their Use

February 26, 2021

We get it. For your employees, being an active health care consumer and managing health savings accounts (HSAs) can be confusing, especially if utilization is infrequent. In fact, data from a Further study fielded in 2020 shows 40% of employees…

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the recent covid relief bill included changes to fsa and dcap plans

Consolidated Appropriations Act, 2021: What does it mean for FSA and DCAP?

January 8, 2021

The Consolidated Appropriations Act, 2021, was signed into law on December 27, 2020. This COVID relief bill includes several items that impact medical flexible spending accounts (FSAs) and dependent care assistant plan (DCAP) accounts. Most of these changes are temporary…

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2020 year in review

Health Care Finance Year in Review: 2020

December 22, 2020

When 2020 began, it’s safe to say no one could have predicted all that was to come. As individuals and organizations, we all came together to quickly pivot to keep ourselves, our families, and our communities safe. As we look…

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