Tag: health savings account

It will focus on user education and health care consumerism.

The Savings Preservation Working Group says that at least 33% and as many as 47% of plan participants withdraw part...

The IRS has issued guidance allowing high-deductible health plans (HDHPs) with health savings accounts (HSAs) to cover specified medications and...

It helps users quantify the value of their high deductible health care plan, both in the present and the future,...

However, those who have a health savings account are more certain about how they will cover future health care costs.

Seventy-six percent of those who are financially independent think retiring earlier will help them live longer, yet top concerns about...

More than 60% of employers want to keep retirees in their plan, and 33% prefer that terminated employees keep their...

Among those that do offer financial literacy programs, 51% say workers increase their contributions to supplemental savings plans, 43% say...

They also have many characteristics equated with greater financial stability than those not in a HDHP.

They are centered around three key themes: 1) Secure your foundation, 2) Achieve greater prosperity and 3) Inspire confidence.

Workers younger than 35 are realizing they need to start saving now, according to Ascensus; however, only 30% are on...

Preparing participants financially to be able to retire beat out reducing plan costs as plan sponsors' top concern in this...

For those learning about HSAs for the first time, one of the keys is to understand there is one set...

Many people are unaware of their triple tax advantages, that balances can be carried forward and that the money can...

The most challenging part respondents to a WEX Health survey cited in using their HSA was making sure to have...

Employers are introducing more convenient and high-quality health care options.

Fifty-one percent are not actively contributing to a 401(k) plan, Edward Jones found in a survey.

Of all factors, salary was found more likely to encourage savings both an HSA and 401(k).

The majority of Gen Xers surveyed by T. Rowe Price reported they receive advice through their employer.

The firm's analysis found participants who also had HSA savings were more retirement ready than those who did not.