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when your child turns 18 what do you do with HSAs?

Using an HSA with Kids Over 18 Years Old

November 11, 2019

When a child turns 18, there are a lot of changes that begin to take place. He or she may be heading off to college soon or starting their first job. When it comes to health insurance, it is easy…

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Tips for Transitioning to a New Health Spending Account Administrator

April 8, 2019

As an employer, changing health spending and savings account administrators is an important decision. Everything from administrative set-up to communicating with employees can easily consume a lot of your time. Here are several helpful tips and insights to consider when…

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Miami, home of BenefitsPro Expo 2019

BenefitsPRO Broker Expo: Top Five Things We’re Looking Forward To

March 21, 2019

BenefitsPRO is right around the corner There are lots of things we’re excited about for this year’s BenefitsPro Expo. Here are five of our top reasons: Networking with industry-leading brokers and agents from across the country Gaining a deeper understanding…

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How to Turn an HSA into a Retirement Pot o’ Gold

March 15, 2019

It’s that time of year when everyone is thinking about that lucky leprechaun and his Pot o’ Gold. At Further, we’re thinking about gold a little bit differently. With a health savings account (HSA), you can start planning now for…

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Getting Employees to Use Health Savings Accounts

March 8, 2019

The numbers tell a story. Enrollment in high deductible health plans (HDHPs) has grown from just 1 million in 2005 to more than 23 million in 2017, according to statistics from America’s Health Insurance Plans.¹ Moreover, employers are increasingly offering…

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Helping Your Employees Establish a Contribution Cadence

February 25, 2019

We know contributing to HSAs can provide numerous benefits to employees. The more your employees know about contributions, the better equipped they will be to take full advantage of their HSAs’ tax benefits. HSA contribution limits and tax reporting, if…

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Understanding How Health Care Financing Works

February 11, 2019

A new health insurance plan year has just kicked off, so you may be getting questions from your employees about how their health plans work. At Further, we know that while health care finance can feel complicated, it doesn’t have to…

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Helping Employees Avoid a New Year’s FSA Hangover

January 4, 2019

It’s that time of year again. The time when holiday bills and unintentionally bad spending behavior have come due. Whether that means spending too much on a teenager’s video game system, a spouse’s automated vacuum cleaner, or even a holiday…

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The Cost of Common Holiday Injuries

December 13, 2018

Slipping a disk while picking up a grandchild to greet them. Choking on a turkey bone during a holiday meal. Indulging in too many festive cocktails. According to the United States Consumer Product Safety Commission (CPSC), more than 15,000 holiday-related…

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End Of Year FSA Expenses: An Employee Cheat Sheet

December 1, 2018

The scenario is all too familiar for employers and human resource managers: The year ends, and employees still have unspent funds in their flexible spending accounts. Whether employees forget that the money in their FSAs must be used or it…

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