Employees over 65 may have to reverse recent HSA contributions.
Read MoreA Health Reimbursement Arrangement is usually disqualifying coverage. But not always.
Read MoreWhy employed Americans with an HSA need to pay attention to Medicare and Social Security enrollment.
Read MoreThe smart move is to think of your health savings account (HSA) as an extra retirement account.
Read MoreMedicare savings accounts (MSAs) and health savings accounts (HSAs) both give consumers tax-advantaged ways to fund the costs of healthcare.
Read MoreMedicare open enrollment for 2022 has begun, while Part A is mandatory, some seniors can opt-out of the other parts under certain conditions.
Read MoreMaking tax-advantaged benefit plans easier to navigate will allow employees to make better use of their benefits.
Read MoreIn less than 15 years, for the first time, the number of Americans at least 65 years old will be more than the number of Americans under the age of 18.
Read MoreThe month of October is known for a lot of things, shorter days, cooler temperatures, falling leaves and the arrival of pumpkin spice everything—from baked goods to coffee, yogurt, smoothies, beer—and yes, even pumpkin spice turkey.
Read MoreOffering an employer match for both 401(k) accounts and an HSA can increase employee engagement and savings with both accounts.
Read MoreThe Coronavirus Aid, Relief, and Economic Security (CARES) Act was enacted on March 27, 2020. The law permitted flexibility to healthcare spending related to high-deductible health plans (HDHPs).
Read MoreA Health Savings Account (HSA) lets you save money in a tax-advantaged account and then withdraw cash tax-free to pay for qualified medical expenses.
Read MoreThe healthcare industry has taken a hit since COVID-19 caused a tidal wave of layoffs, resulting in the loss of health insurance for employees across the country.
Read MoreDevenir tracks health savings accounts in the credit union industry closely through NCUA filings and a variety of other sources.
Read MoreA health savings account can be used to pay for more than doctor visits and prescription drugs. Learn about these HSA-qualified expenses.
Read MoreIn the July-August issue of 55 PLUS, we reviewed the many valuable characteristics of health savings accounts (HSAs), particularly their income tax benefits.
Read MoreHealth savings accounts have come a long way since their introduction in late 2003.
Read MoreI have written previously about the tax advantages associated with health savings accounts. Contributions are tax-deductible regardless of income.
Read MoreOver the past couple months, a lot of attention has been given to economy as it starts to recover from the COVID-19 pandemic.
Read MoreHealth savings accounts and flexible spending accounts are both great tools that can help you save money in taxes and better control your health care costs.
Read More