Remove Finance Remove Health Savings Account Remove Healthcare
article thumbnail

4 considerations when choosing employee benefits for the first time

WEX Inc.

Understanding HSAs The number of health savings accounts (HSAs) has doubled nationwide in the last seven years , as more Americans turn to these accounts as a way to save on healthcare costs and prepare for retirement. FSAs are employer-owned, meaning you may lose the funds if you change job or health plans.

article thumbnail

Celebrating 20 Years of Health Savings Accounts

Benefit Resource Inc.

As we celebrate the 20th anniversary of Health Savings Accounts (HSAs), it’s time to reflect on the transformative impact this financial tool has had on healthcare and personal finance. This is especially valuable as it enables individuals to build a substantial financial cushion for future healthcare needs.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Financial Burnout in 2025: How to Address Employee Concerns

Best Money Moves

Eighty-eight percent of American workers report feeling some level of financial burnout, and 65% say finances are their biggest source of stress, according to a recent survey by MarketWatch Guide. Healthcare costs and employee financial burnout Many workers face especially high anxiety over healthcare costs.

article thumbnail

5 Emerging Benefits Trends to Look for in 2025

Best Money Moves

With a dedicated financial wellness program, you can help employees manage their finances reducing stress and improving productivity. According to Mercers Survey on health & benefit strategies for 2025 , almost 70% of surveyed companies are or are planning to offer financial wellness programs in their benefits package next year.

article thumbnail

How HSAs can transform retirement planning and your common questions

WEX Inc.

And it’s a solution you might already be offering: the health savings account. These accounts provide another way for your employees to diversify their efforts to prepare for retirement. What employees are saying about finances and retirement? What employers are saying about employee finances and retirement?

article thumbnail

A Guide To Consolidating HSA Funds?

Benefit Resource Inc.

HSAs (Health Savings Accounts) are an excellent tool for controlling healthcare costs and setting up money for the future. We’ll go over the benefits, how-tos, and whys of HSA rollovers in this tutorial, making it more straightforward for workers like you to manage your healthcare spending.

article thumbnail

Only 28% of employees feel employers are supporting their financial wellbeing

Employee Benefits

Following retirement (73%) and healthcare (72%), employees vary in what benefits they believe to be most key to financial wellbeing. Two-thirds (65%) of Millennials feel completely in control of their finances, compared to 54% of Gen X and Y, 38% of Boomers and 33% of Gen Z.