Browsing Tag
Health Savings Accounts (HSA)
216 posts
A Health Savings Account (HSA) is a tax-advantaged savings account that individuals can use to pay for qualified medical expenses. It is designed to work alongside a high-deductible health plan (HDHP) and offers three major tax benefits: Tax-deductible contributions – Money you put into the account reduces your taxable income; Tax-free growth – Any interest or investment earnings inside the HSA grow without being taxed; and Tax-free withdrawals – Funds used for qualified medical expenses are not taxed when withdrawn.
Financial Wellness Benefits Poised for Big Growth in 2020
Financial well-being benefits are growing as companies expand offerings to support employees with debt, healthcare, and retirement planning.
January 13, 2020
Fidelity Opens its HSA Platform to Advisors
Financial mega-firm Fidelity Investments has made what it claims is the industry’s “only full-service health savings account (HSA)”…
January 9, 2020
HSA Balances Growing Despite Obstacles
Health Savings Accounts are growing, with higher balances, contributions, and distributions shaping employee healthcare savings trends.
December 6, 2019
HSAs Still Misunderstood By (Many) Employees
Employees say they have a good understanding of health saving accounts, HSAs, but do they really? Bank of…
November 21, 2019
2019 TAPO Jamie Greenleaf Has A Lot to Say About HSAs
“We’ve been having meaningful impact on our employees and employers that we work with, and so they recognized…
November 20, 2019
Free Webinar Kicks Off Inaugural ‘HSA Day’ October 15
Jean Chatzky will moderate a live-streamed panel discussion at 3 p.m. October 15 to highlight the first annual National HSA Awareness Day.
October 14, 2019
401(k) Advisors Face Financial Wellness Competitive Disadvantage
While most companies have jumped on the financial wellness program bandwagon over the past couple of years, 401(k)-focused…
October 11, 2019
Top HSA Plan Providers Evaluated
Correction: This story has been updated to reflect that Fifth Third retained its Investing Account Assessment of Neutral,…
October 1, 2019
U.S. Companies Doubling Down on Financial Wellness Programs
Think “financial wellness” programs are being overhyped? Well, the hype might well be merited when you consider that…
September 19, 2019
Health Savings Account Assets See Sharp Increase
The amount of assets in health savings accounts increased sharply in the past decade and show little sign…
August 30, 2019