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HSA grow without being taxed; and Tax-free withdrawals – Funds used for qualified medical expenses are not taxed when withdrawn.
In Wake of Tax Reform, Compelling HSA Reasons Remain
HSA vs 401(k): Discover how HSAs compare with 401(k)s in tax efficiency, flexibility, and retirement planning advantages.
February 12, 2018
Which Investment Wins the Accumulation Horse Race?
Suppose you want to best utilize $100. You could put it to work in a traditional or Roth…
January 22, 2018
HSAs: Why One Size Doesn’t Fit All
The flexibility offered by a health savings account makes it a powerful financial tool for a variety of reasons. Here's why.
January 14, 2018
What Now? 401(k)s in the Wake of Tax Reform
401(k) Tax Reform explained—impact on retirement plans, HSAs, and state-run savings programs with insights from Ascensus’ David Musto.
January 8, 2018
401(k) Balances Skyrocket, Hit New Highs
Retirement account balances reached all-time highs for the fourth consecutive quarter. Helped by strong stock market performance, the…
November 5, 2017
4 Important Findings About HSA Savers
Great news. HSA participants are saving and not spending, with the vast majority of health savings account (HSA)…
September 19, 2017
6 Reasons Why We Love Health Savings Accounts
With healthcare open enrollment season quickly approaching, 401(k) plan advisors and sponsors may want to spend time educating…
September 5, 2017
A Critical HSA Liability (and Opportunity)
Too many 401(k) advisors instinctively overlay 401(k) menus onto advisor-friendly HSA platforms. It’s not a surprise; advisors have…
August 21, 2017
What Health Care Confusion Means for HSA’s Future
Discover how HSA and Affordable Care Act changes may affect savings, coverage, and future healthcare planning.
August 7, 2017
More Great News About Health Savings Accounts
It’s not surprising given recent favorable press and political coverage, but employees are increasingly adopting tax-advantaged health savings accounts…
July 27, 2017