Remove 2003 Remove Employment Remove Flexible Spending
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What happens to HSA funds at the end of the year?

Benefit Resource Inc.

In 2003, Health Savings Accounts (HSA) were established, bringing forth a new pre-tax plan option that effectively eliminated the concerns over lost funds. Unlike other types of medical spending accounts, HSAs are not subject to the “use-it-or-lose-it” provision that would cause you to forfeit any unused funds by the end of the year.

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Celebrate 19 Years of Health Savings Accounts

Benefit Resource Inc.

They are one of the most powerful tools available to employers, employees, and their families when saving on healthcare costs. The Medicare Prescription Drug, Improvement, and Modernization Act of 2003 replaced the old medical savings account system with HSAs. Tax Benefits Of An HSA For Employers. Flexible Spending Options.

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Election year impact: What’s next for employee benefits?

WEX Inc.

With political campaigns often influencing policy proposals from healthcare to retirement plans, this episode dives into what employers and professionals can expect and how they can prepare for potential changes. The ACA in particular, introduced a fundamental change to the rules governing how employers offer health insurance.