How Much Should I Put In My HSA?
Posted: November 13, 2019
How Much Should I Put In My HSA?If you have opted for a health savings account (HSA), the next question is how much to put into it. To qualify for an HSA, you must have chosen a high-deductible health insurance plan. Having a health savings account can help you cover your deductible and other out-of-pocket healthcare expenses, both now and in the future. The following steps may be helpful in calculating how...
What Happens To My Savings Accounts If My Company Closes?
Posted: October 13, 2019
What Happens To My Savings Accounts If My Company Closes?Many employers today offer health savings accounts (HSAs), flexible spending accounts (FSAs), and 401(k) retirement savings accounts as part of their company group benefits. These types of savings accounts are a valuable part of an overall compensation package that employers use to attract and retain top talent. But the world business is uncertain, and companies may go under. What happens to your savings accounts if...
HSA Vs. FSA: Which Is Better?
Posted: September 13, 2019
HSA Vs. FSA: Which Is Better?Health Savings Accounts (HSAs) and flexible spending accounts (FSAs) are group benefits offered to employees that are similar in some ways. Both are accounts that allow you to make tax-free contributions to save for medical costs. However, there are several key differences between HSAs and FSAs. What Is An HSA? An HSA is a health savings account with tax advantages, used in combination with a...
Develop A Group Benefits Program For Your Business
Posted: May 1, 2015
Develop A Group Benefits Program For Your BusinessEmployers want to attract the best people to their companies, and the right benefits program is a great way to do that. Benefits can also help your business retain important personnel. There are always concerns about the bottom line, and any benefits program you put in place must be cost-effective. Essentially, you want to get the best group benefits program possible at the lowest cost. Business owners...