Posts Tagged ‘HSA’
Helping Your Employees Establish a Contribution Cadence
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 not understood by your employees, can lead to extra work for both of you –…
Read MoreHSAs – The Past, Present, and Future
Health savings accounts (HSAs) were born in 2003. How have they evolved into the popular health care plan they are today, and what direction could they go in the future? HSAs were signed into law in 2003 to provide consumers a new way to save and pay for health care spending. As a new type…
Read MoreHow to Boost Employee Adoption of HSAs
It’s no surprise that research has found employees tend to delay or disengage from decisions they view as difficult and complex. In the 1980s, the struggle among employees was 401(k) adoption, even though it was the most practical retirement financial tool in the market. These days, the challenge is centered on consumer directed health plans…
Read MoreLegislative Update: House Passes Two Bills Modernizing HSA and FSA Rules
On July 25, 2018, the House passed two bills that would modernize health savings account (HSA) and flexible spending account (FSA) rules and expand consumers’ ability to cover their health care expenses. The Restoring Access to Medication and Modernizing Health Savings Accounts Act (H.R. 6199) and the Increasing Access to Lower Premium Plans and Expanding…
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