Browsing Tag
Health Savings Accounts (HSA)
200 posts
Higher Numbers of HSAs Positioned as Retirement Savings Strategy
Annual benchmarking report by PSCA finds more employers are marketing the tool as a retirement savings vehicle
HSAs See High Growth, Yet Key Issues Remain
The latest review from Morningstar compares the leading providers in the HSA industry, with Fidelity coming out on top
Americans Still Largely Unaware of HSA Benefits
New Fidelity study shows only 49% familiar with features, and 51% unaware health savings account dollars can be invested
Working Consumers Oblivious to HSA Benefits
Findings from Voya show that just 27% of adults know that HSAs can be used as investment vehicles
Ways and Means Advances Legislation Expanding HSA Benefits
Among the changes include increases to HSA contribution limits and eligibility expansions
HSA Assets on the Rise For Midyear 2023
HSA assets increased 17% by the first half of 2023 while accounts grew 6%, finds a Devenir report
Incentives Highlight Return of Transamerica ‘401(k)ares’ Campaign
Focused on middle market retirement business, renewed promotion to provide financial incentives through remainder of 2023
$500 Boost Projected for 2024 401(k) Contribution Limit
Forecasts from Mercer and Milliman each predict a $23,000 limit in advance of late October official announcement from the IRS
Millennium Trust Rebranding as Inspira Financial in 2024
New name reflects firm’s move beyond a trust and custody company to a “full-scale solutions provider”
401(k) Balances Up in 2023, But So Are Hardship Withdrawals, Loans
Bank of America's “Participant Pulse” survey reveals average plan balances have increased nearly 10% this year, but hardship distributions and loans are also on the rise