On April 29th, the IRS issued news that HSA contribution limits will be seeing a near 5.5% increase impacting both individual and family participants of group health plans. ...
May 2021 was a somewhat busy month in the benefits industry. The absence of a significant of amount of agency guidance during the summer months is to be expected. However, the IRS finally issued guidance on the temporary 100% COBRA subsidy mandated...
HSAs get hailed as a boon to retirement savers, offering rare triple-tax advantage status to dollars deposited within. But these accounts, offered in tandem with high-deductible health insurance coverage, are far more versatile than they get credit for. Typically thought of and discussed primarily as a...
Did you know: The average HSA account holder spends approximately 81 percent of their savings on healthcare? ...
Ninety-six percent of HSA account holders do not invest any portion of their contributions. Health Savings Accounts (HSAs) offer account holders the option to invest and investments are not subject to taxation. Read this post for more on maximizing employee participation in HSA plans....
The annual limit on deductible contributions to HSAs will increase by $50 for individuals and $100 for families in 2020, according to a recent announcement from the Internal Revenue Service (IRS). Read this blog post for more on this increase to HSA limits....
Recently, the Internal Revenue Service (IRS) released an informational letter clarifying that IRS Notice 2008-59 was not intended to provide an exclusive set of circumstances in which employers could recoup contributions made to employee HSAs. Read this blog post from UBA to learn more. ...
The Internal Revenue Service (IRS) recently announced annual changes to FSAs and 401(k)s. Read this blog post for the 11 numbers employers and employees should know for 2019. ...
How do you maintain HSA eligibility? Most of the HSA rules and regulations are tax-related, and most benefit professionals are not tax professionals. Read this blog post for eight ways employers can maintain HSA eligibility....
Health savings accounts (HSAs) are changing the way employees are saving for retirement. In this article, Miller explains the ins and outs to this new way to retirement planning. ...