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HSA grow without being taxed; and Tax-free withdrawals – Funds used for qualified medical expenses are not taxed when withdrawn.
How 401k Advisors Can Step Up Their HSA Game
Health Savings Accounts grew to an estimated $51.4 billion in assets across more than 23 million accounts halfway…
April 12, 2019
Communication Breakdown: Business Owners Don’t Understand HSAs
New research finds the majority of business owners consider the cost of healthcare to be the biggest expense…
March 14, 2019
The Cost-Efficient HSA Benefits of the New Tax Law
Under the new tax law, an employer contribution to an HSA may be well worth the money specifically…
March 12, 2019
Better HSA Participation Through Behavioral Economics
401(k) advisors and plan sponsors can help employees take advantage of an HSA's many benefits by using the tenets of behavioral economics.
March 6, 2019
This Concern is No. 1 Barrier to Early Retirement
When asked to name barriers to financial independence and early retirement, Americans are less concerned about uncertain market…
March 6, 2019
7 Situations When HSA Contributions Can Be Returned: Marcia Wagner
Certain situations allow for an employer to request the return of Health Savings Account (HSA) contributions it made…
February 13, 2019
A Health Savings Account ‘Call to Arms’
PSCA, part of the American Retirement Association (ARA), has opened its first annual HSA benchmarking survey.
February 6, 2019
Voya Launches Suite of Health Savings Accounts
The popularity (and awareness) of the benefits health savings accounts bring got a boost Thursday with Voya Financial’s…
January 25, 2019
Top HSA Story of 2018: HSA Contributions Should Come First
HSAs are triple tax-free With healthcare open enrollment season approaching, individuals electing a high-deductible health plan will soon…
December 29, 2018
3 Areas of Challenge and Change to Turbocharge Retirement Plan Practices
Change is happening in the defined contribution retirement plan space. Yes, and water is wet—but it’s the pace of change and what it offers that’s causing anxiety for many, and excitement for some. Article Presented By: Nuveen
December 18, 2018