WEX Inc.

JULY 9, 2024

Does your health savings account (HSA) have enough funds to carry you through the second half of the year? By entering basic information, the My HSA Planner provides personalized contribution suggestions and projects your potential retirement balance. The information in this blog post is for educational purposes only.

Health Savings Account 98

Health Savings Account Healthcare Medical Taxes 98

McDermott Will & Emery Employee Benefits

MAY 3, 2023

The Biden administration originally announced its intent to end the COVID-19 National Emergency (NE) and the COVID-19 Public Health Emergency (PHE) on May 11, 2023 (read our prior article for more information).

Health Savings Account 95

Health Savings Account Deductible Deductions Employee Benefits 95

WEX Inc.

NOVEMBER 21, 2024

Beyond the traditional 401(k) match , some employers are introducing student loan repayment matching , helping employees reduce debt while saving for retirement. The information in this blog post is for educational purposes only. Stay up to date on the latest in benefits by subscribing to our blog!

Employee Benefits 104

Employee Benefits 401(k) Employment Health Savings Account 104

InterWest Insurance Services

DECEMBER 5, 2024

The above will be added to the other preventive care expenditures that health plans are required to cover under the ACA. Under notice 2024-71, flexible spending arrangements, health reimbursement accounts and health savings accounts will be required to reimburse for the cost of condoms.

Out of Pocket Cost 97

Out of Pocket Cost Health Savings Account Deductible Deductions 97

Money Talk

JUNE 28, 2023

Consider completing the paperwork needed to save more money from July to December in your employer’s tax-deferred retirement savings plan. Even 1% more of pay in savings adds up over time. Health Savings Account (HSA) Tweak - By mid-year, you know what you already spent for health care services through June.

Flexible Spending Account 242

Flexible Spending Account Banking Health Savings Account Taxes 242

Benefit Resource Inc.

MAY 15, 2024

One choice that sticks out in the ever-changing world of employee benefits for both employers and employees is a Health Savings Account (HSA). Additionally, you can provide employee resources highlighting the tax advantages HSAs offer and strategies for effective savings.

Health Savings Account 52

Health Savings Account Healthcare Benefits Package Taxes 52

Benefit Resource Inc.

DECEMBER 21, 2022

Health savings accounts (HSAs) allow employees to save and build wealth for future medical costs. Employers can help their employees maximize their HSAs by making sure they understand how HSAs work and helping them set up their accounts properly. The Benefit of an HSA. HSAs Are A Win For All.

Health Savings Account 52

Health Savings Account Taxes Medical Health Insurance 52

Benefit Resource Inc.

MARCH 31, 2023

As an employee with a Health Savings Account (HSA), knowing what you need to report during tax season is important. With this information, you’ll be better equipped to tackle your HSA taxes. If you rolled over funds from one HSA account to another, you’ll need to report the rollover amount on Form 8889.

Health Savings Account 52

Health Savings Account Taxes Healthcare Medical 52

Money Talk

APRIL 28, 2022

Studies have found that, when people identify with their future selves , they save more money for retirement. A psychological connectedness to future selves informs present behavior. In these situations, part-time work, savings withdrawals, bond ladders, and reverse mortgages can bridge a gap of up to eight years (e.g.,

401(k) 186

401(k) Health Savings Account Finance Retirement Plan 186

WEX Inc.

DECEMBER 11, 2024

Fortunately, health savings accounts (HSAs) and flexible spending accounts (FSAs) cover many common winter eligible expenses you might turn to this time of year! The information in this blog post is for educational purposes only. For many, winter is as synonymous for snowflakes as it is for sinus problems.

Flexible Spending Account 52

Flexible Spending Account Health Savings Account Flexible Spending Taxes 52

Money Talk

MAY 18, 2022

Five examples are tax-loss harvesting, Roth IRA conversions, qualified charitable contributions (age 70½ +), setting up a donor advised fund, and increased contributions to a tax-deferred retirement savings plan, health savings account or HSA (if eligible), or flexible spending account or FSA (if available).

Taxes 263

Taxes 401(k) Deductible Deductions 263

WEX Inc.

JULY 24, 2024

These communication tactics can be especially useful if you’re updating major health insurance options, like switching to a high-deductible health plan (HDHP) or adding a health savings account (HSA) and want to measure the outcomes of these changes. It is not legal or tax advice.

Health Savings Account 59

Health Savings Account Taxes Health Insurance Consulting 59

WEX Inc.

SEPTEMBER 18, 2024

Increasingly, employers are offering their employees both HSA-eligible health plans (or high-deductible health plans ) and traditional health plans. If you rarely go to the doctor or would like to enroll in a health savings account (HSA) , an HSA-eligible health plan may be right for you!

401(k) 52

401(k) Health Savings Account Flexible Spending Account Healthcare 52

WEX Inc.

JANUARY 2, 2025

7 basic rules of an HSA you need to know Maximize the potential of your health savings account (HSA) by mastering these 7 essential rules. Discover how to make smarter contributions, save on healthcare costs, and plan for a healthier financial future. The information in this blog post is for educational purposes only.

Flexible Spending Account 52

Flexible Spending Account Health Savings Account Flexible Spending Taxes 52

WEX Inc.

OCTOBER 15, 2024

Today, to commemorate National Health Savings Account Awareness Day (HSA Day) celebrated annually on October 15, WEX is highlighting available resources to help employers and employees better understand the impressive value of HSAs for both wellbeing and wallets. Employees can spend, save, or invest their HSAs.

401(k) 52

401(k) Health Savings Account Flexible Spending Account Taxes 52

WEX Inc.

DECEMBER 5, 2024

Fortunately, when you participate in a health savings account (HSA) through your employer, your HSA stays with you. You have options HSA transfer If your new employer offers an HSA, you can transfer the administration of your account to your new employer’s HSA administrator. Have you recently changed employers?

Health Savings Account 52

Health Savings Account Taxes Deductible Deductions 52

WEX Inc.

DECEMBER 12, 2024

Targeted recommendations: By analyzing factors such as age, role, family status, and location, AI can suggest benefits options like health savings accounts (HSAs) , retirement plans, or wellness programs that are most relevant to each employee. The information in this blog post is for educational purposes only.

Health Savings Account 52

Health Savings Account Benefits Package Retirement Plan Taxes 52

WEX Inc.

MARCH 7, 2023

We wanted to share a few tips and reminders about the health savings account (HSA) information you’ll need for your tax return. The recipient instructions provided with each of these forms walk you through which boxes reflect which information, as well as basic instructions on how to use the forms.

Taxes 98

Taxes Health Savings Account Deductible Deductions 98

WEX Inc.

JANUARY 8, 2025

In fact, staying on top of your health savings account (HSA) , flexible spending account (FSA) , or any other plan you signed up for throughout the year can pay off for you. Right after you log in to your online account or the benefits mobile app, youll see a Tasks menu. It is not legal or tax advice.

Flexible Spending Account 52

Flexible Spending Account 401(k) Health Savings Account Banking 52

WEX Inc.

JANUARY 9, 2025

Open enrollment is an important time for HR professionals and employers, since its the moment employees make decisions that impact their health, finances, and overall wellness for the coming year. Post-open enrollment strategies are essential for ensuring employees are engaged, informed, and set up for success.

Employee Benefits 52

Employee Benefits Health Savings Account Taxes Education 52

WEX Inc.

JANUARY 14, 2025

Utilize multiple channelsemail, intranet, video tutorials, and town hall meetingsto ensure employees understand: Key changes to the benefits plan Enrollment deadlines Tools available to help them make informed decisions Consider leveraging AI-driven communication tools to personalize messages and answer common questions in real time.

Flexible Spending Account 52

Flexible Spending Account Health Savings Account Flexible Spending Retirement Plan 52

InterWest Insurance Services

JULY 11, 2024

The Department of Labor’s new fiduciary rule, which mainly applies to 401(k) plans, will also affect employers who offer their staff health savings accounts. The new rule, which takes effect September 2024, bars employers from providing advice to their workers on how they should invest the funds in the HSA they offer.

401(k) 98

401(k) Health Savings Account Employment Commissions 98

CorpStrat

DECEMBER 4, 2024

Use multiple channels—emails, webinars, printed guides, or one-on-one meetings—to make sure everyone feels informed and confident in their choices. Pairing high-deductible health plans (HDHPs) with Health Savings Accounts (HSAs) or adding wellness programs can help employees offset costs while staying engaged in their health.

Employee Benefits 52

Employee Benefits Employment Disability Insurance Health Savings Account 52

WEX Inc.

OCTOBER 4, 2023

Participating in a health savings account (HSA) or flexible spending account (FSA) is a great way to save money. Health savings account An HSA is an individually owned benefits plan funded by you or your employer that lets you save on purchases of eligible expenses.

401(k) 98

401(k) Flexible Spending Account Health Savings Account Flexible Spending 98

WEX Inc.

SEPTEMBER 4, 2024

Make a list of the benefits that matter most to you, and use it as a guide when comparing different health plans. Understanding different medical plans To make an informed decision, it’s essential to understand various medical plans and how they relate to your life. Be mindful of health insurance enrollment periods.

Deductible 52

Deductible Deductions Flexible Spending Account Healthcare 52

WEX Inc.

NOVEMBER 27, 2024

You must be enrolled in an HDHP to be eligible to participate in a health savings account (HSA). PPOs are a common type of traditional health plan. Traditional Health Plan Calculator today! The information in this blog post is for educational purposes only. What’s a PPO? It is not legal or tax advice.

Deductible 52

Deductible Deductions Health Savings Account Flexible Spending Account 52

WEX Inc.

MAY 10, 2024

Health savings account (HSA) contribution limits are on the rise again in 2025. The information in this blog post is for educational purposes only. Key takeaways – 2025 HSA contribution limits 2025 HSA contribution limits will increase to $4,300 and $8,550 for self-only and family HSAs, respectively.

Health Savings Account 105

Health Savings Account Deductible Deductions Taxes 105

HR Lineup

FEBRUARY 13, 2023

USI’s benefits offerings include a comprehensive suite of health insurance options, including medical, dental, and vision insurance. The company also offers flexible spending accounts (FSAs) and health savings accounts (HSAs) to help employees save money on healthcare costs.

Employee Benefits 130

Employee Benefits Flexible Spending Account Disability Insurance Health Savings Account 130

WEX Inc.

AUGUST 7, 2023

Sunscreen can cost as much as $40 a bottle, but did you know you can actually use your health savings account (HSA) or medical flexible spending account (FSA) funds on many SPF-related expenses? Check out the FSA Store and the HSA Store for more information on eligible products. How’s your sunscreen stock?

Flexible Spending Account 98

Flexible Spending Account Health Savings Account Flexible Spending Medical 98

Money Talk

JUNE 13, 2024

For example, you can hold investments for a year and a day or longer to qualify for lower long-term capital gains tax rates or consider tax-free investment vehicles such as Roth accounts and municipal bonds. Consult a Tax Professional - Consider consulting with a tax professional or financial advisor for personalized guidance and advice.

Taxes 125

Taxes 401(k) Retirement Plan Health Savings Account 125

WEX Inc.

AUGUST 29, 2023

And did you know that a variety of fertility and infertility treatments are eligible for health savings account (HSA) and medical flexible spending account (FSA) funds? Egg donor fees Egg donor fees , when deemed medically necessary by a doctor who has provided the information needed, are covered by a HSA and FSA.

Flexible Spending Account 98

Flexible Spending Account Health Savings Account Flexible Spending Medical 98

WEX Inc.

SEPTEMBER 24, 2024

HSAs and FSAs: Service dog expenses Health savings accounts (HSAs) and flexible spending accounts (FSAs) may provide an additional avenue for covering the cost of a service dog. The information in this blog post is for educational purposes only. Peace of mind knowing that your pet is covered for life.

Recruitment 52

Recruitment Flexible Spending Account Health Savings Account Medical 52

WEX Inc.

MAY 17, 2023

Health savings account (HSA) contribution limits are on the rise again in 2024. The information in this blog post is for educational purposes only. Key takeaways - 2024 HSA contribution limits 2024 HSA contribution limits will increase to $4,150 and $8,300 for self-only and family HSAs, respectively. With an HSA.

Health Savings Account 98

Health Savings Account Deductible Deductions Taxes 98

HR Lineup

SEPTEMBER 19, 2021

HealthEquity is a unique company that administers Health Savings Accounts (HSAs) as its core product. Also, they have a range of other consumer-directed benefits that are all linked around health and wealth. To date, there are more than 12 million accounts at HealthEquity through a range of different employers.

Healthcare 130

Healthcare Software Medical Health Savings Account 130

WEX Inc.

AUGUST 10, 2023

You might be surprised to learn that your health savings account (HSA) and medical flexible spending account (FSA) can help you save on purchases of a variety of back-to-school, expenses, including: Thermometers. The information in this blog post is for educational purposes only.

Flexible Spending Account 98

Flexible Spending Account Health Savings Account Flexible Spending Medical 98

Benefit Resource Inc.

NOVEMBER 10, 2021

Looking to information on current limits? Find it here: 2021 Limits: Pre-tax Accounts 2021 Limits: Health Savings Accounts. Employees currently enrolled in a plan may contact Participant Services at 1-800-473-9595, Monday-Friday, 8am to 8pm with any questions regarding 2022 pre-tax limits.

Health Savings Account 98

Health Savings Account Medical Taxes Flexible Spending 98

WEX Inc.

SEPTEMBER 14, 2023

Increasingly, employers are offering their employees both HSA-eligible health plans (or high-deductible health plans ) and traditional health plans. If you rarely go to the doctor or would like to enroll in a health savings account (HSA) , an HSA-eligible health plan may be right for you!

401(k) 98

401(k) Health Savings Account Flexible Spending Account Healthcare 98