The IRS issued Revenue Procedure 2021-25 on May 10, 2021, to announce the 2022 inflation adjusted amounts for health savings accounts (HSAs) under Section 223 of the Internal Revenue Code (Code) and the maximum amount that may be made newly available for excepted benefit health...
Did you know: The average HSA account holder spends approximately 81 percent of their savings on healthcare? ...
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....
Even though 83 percent of today’s workforce said health insurance was very or extremely important in deciding whether they would change jobs or not, employees tend to delay or disengage from retirement and healthcare decisions. Read on to learn more. ...
HSAs can be a very effective tool for employees looking to save for their healthcare and retirement. But many employees are not knowledgeable enough to fully utilize their HSAs. Here is an interesting column by Eric Brewer from Employee Benefit News on what you can do...
Great article from our partner, United Benefit Advisors (UBA) by Bill Olson Across most industries, HSA contributions are, for the most part, down or unchanged from three years ago, according to UBA’s Health Plan Survey. The average employer contribution to an HSA is $474 for a single...
Are you looking for new incentives to help your employees participate in your wellness program? Check out this interesting article by Brookie Madison from Employee Benefit Advisor on how employers are offering financial incentives in order to increase participation in their wellness programs. Wellness programs are...
As HSAs continue to grow, more employers are starting to work HSAs into their retirement programs. Take a look at this great article by Brian M. Kalish from Employee Benefit News and see how employers are using HSAs as a tool to help their employee...
Has rising the rising cost of healthcare impacted your plans for retirement? Here is a great article by Paula Aven Gladych from Employee Benefit News on how healthcare is reshaping the way people are planning their retirement. It’s hard enough getting employees to save for their...
Great article from our partner, United Benefit Advisors (UBA) by Bill Olson. The average employer contribution to an HSA is $474 for a single employee (down 3.5 percent from 2015 and 17.6 percent from five years ago) and $801 for a family (down 9.2 percent from...