November 15th, 2019
The IRS released on November 6, 2019, Revenue Procedure 2019-44 with cost-of-living adjustments for tax-related amounts indexed for inflation. The IRS also announced the health savings account (HSA) and high deductible health plan (HDHP) annual deductible and out-of-pocket expense adjustments earlier this year in Revenue Procedure 2019-25.
October 18th, 2019
Missed joining us for the National HSA Awareness Day broadcast on October 15? Watch a replay of the broadcast and learn more about HSAs here!
August 30th, 2019
The IRS released new inflation adjusted Health Savings Account maximums for individual and family coverage high deductible plans for calendar year 2020.
July 17th, 2019
Health Savings Accounts Investments Will be Unavailable Saturday, July 20th from 12Pm until 6pm (CT)
March 14th, 2019
The basics Health savings accounts, also referred to as HSAs, have drastically risen in popularity over the past few years. In order to open an HSA, you must be enrolled in a qualified High Deductible Health Plan (HDHP). A higher deductible means lower monthly premiums for you, and subsequently huge savings. An HSA under a […]
February 25th, 2019
Vaccinations As flu season is still among us, you’ll be happy to know that flu shots can be covered by your FSA. The Centers for Disease Control and Prevention recommends that anyone over the age of six months should get a flu shot each year. Cholesterol testing More than 102 million American adults (classified at […]
February 18th, 2019
The winter months seem to run long. The cold, dry air, and spending a significant amount of time indoors can lead to rapid spread of cold and flu viruses. Fortunately, Health Savings Accounts (HSAs) and Flexible Spending Accounts (FSAs) cover common eligible expenses you may need during the winter season. The following list provides eligible […]
November 30th, 2018
The Employee Benefit Research Institute (EBRI) created the EBRI HSA Database to analyze behavior exhibited in health savings accounts (HSAs). The following information is taken from the Issue Brief, which is the fifth annual report representing data from the EBRI HSA Database. What is an HSA? A health savings account (HSA) is a tax-exempt account […]
November 21st, 2018
121 Benefits will be closed Monday, December 24th, Tuesday, December 25th and Tuesday, January 1st. Continue reading for more details on how this may affect you.
November 16th, 2018
New Health FSA Maximum The IRS released Revenue Procedure 2018-222 with cost-of-living adjustments for tax-related amounts indexed for inflation. As a result, the maximum amount participants may contribute to the Health Care (and Limited Purpose) Flexible Spending Accounts in 2019 was increased to $2,700 (up from $2,650 in 2018). For plans with a non-calendar year effective […]