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HSA grow without being taxed; and Tax-free withdrawals – Funds used for qualified medical expenses are not taxed when withdrawn.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 to Add HSA Services to Your 401(k) Practice
“The greatest exposure in retirement spending is health care. It doesn’t have price elasticity like other benefits.” So…
May 23, 2017
Problem: Few Workers Calculate Retirement Health Care Costs
To say it’s concerning is an understatement. Only 14 percent of respondents to a new survey actually took…
May 17, 2017
Holy Cow! What the GOP Heath Care Bill Does For HSAs
Health Savings Accounts see higher limits and flexibility under the GOP bill, helping Americans better prepare for medical expenses.
May 11, 2017
Combo 401(k)/HSA Contributions Did What?
Health savings accounts help employees save more by boosting 401k contributions while managing healthcare costs effectively.
May 11, 2017
How Much Can Participants Contribute to HSAs in 2018?
50 simoleons, sawbucks, scratch… whatever you call it, that’s how much more participants can contribute to their health…
May 9, 2017
How Do 401(k) Plan Sponsors Feel About HSAs?
HSAs continue their climb. Employers favor health savings accounts over flex spending and think they should be open…
April 28, 2017
How to Connect With (and Convince) Company CFOs: 2017 NAPA 401(k) Summit in Las Vegas
CFOs understand the need for 401(k) services, but not always how they impact the bottom line. MassMutual's Hugh O'Toole has the answer.
March 25, 2017
How Trump Tax Tragedy Will Terrorize 401(k) Advisors
Now it’s just getting weird. Regulatory rollbacks have market soaring, something most 401(k) advisors would applaud. But one…
March 22, 2017
401(k) Funeral at NAPA Summit?
“Back in D.C., things are cray-cray right now,” Brian Graff said to laughter. “I came to Vegas for…
March 19, 2017
Obamacare Replaced with Roth Health Savings Accounts?
Roth HSA offers a new way to replace Obamacare, with savings, coverage options, and rising popularity in retirement planning.
February 24, 2017