The IRS has announced the 2019 contribution limits for health flexible spending accounts (FSA), as well as limits for health savings accounts (HSA) for those with a qualifying high deductible...
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The IRS has announced the 2018 contribution limits for health flexible spending accounts (FSA), as well as limits for health savings accounts (HSA) for those with a qualifying high deductible...
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Health Savings Accounts (HSAs) have been around since 2003 and yet relatively few people have one, perhaps because of misperceptions or lack of awareness. Most participants praise HSAs because of...
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For 2015, the annual HSA contribution limit for an individual with self-only coverage is $3,350. For those with family coverage, the 2015 contribution limit is $6,650. HSA policyholders age 55 and older can save an additional $1,000 to either the self-only or family coverage amounts, depending on their policy coverage. All HSA contributions are 100% tax deductible. Individuals must qualify…
It’s that time of year when, in the midst of the holiday rush, every dollar needs to be stretched as far as it possibly can. It’s with that mindset that our experts have outlined a few employee “must-haves” when it comes to saving tax dollars in 2015. After all, you work hard to bring home a paycheck – so don’t…
A recent survey conducted by Alegius Technologies, a provider of healthcare and benefit administration platforms, tested the consumer and employer gap of HSA (Health Savings Account) know-how. Their findings were significant with extremely varied perceptions of what the employers thought their employees understood about HSAs, in contrast to what employees actually knew. Take the quiz and see how you fare!…
It’s a fact: the more satisfied employees are, the happier and more committed they are to your company. With benefits playing a critical role to employee satisfaction, it’s critical for employers to identify which benefits appeal most to their organization. Here are four questions to ask when considering a total package for employees. 1. Which benefits are typically included in a compensation package? At a minimum,…