HSA Conference 2018: Evaluation and Selection of an Optimal Investment Line-Up
Investments in HSAs are solving for different outcomes than DC plans, so plan sponsors should take into account different considerations for investment selection.
Tag: Health Savings Accounts
HSA Conference 2018: Navigating HSA Programs and Retirement Planning
Once participants understand health savings accounts (HSAs), plan sponsors can encourage them to invest their money and think about saving for future health care costs.
Employees Struggle With Allocating Money to HSAs and Retirement Plans
Even financially adept employees have trouble deciding where to save and how to spend.
HSA Conference 2018: Regulatory and Legislative Update
This year, Congress is actively taking up legislation that would expand the use and benefits of health savings accounts (HSAs).
HSAs: An Increasingly Important Retirement Benefit to Consider
Sue Walton, senior retirement strategist, Capital Group Retirement Strategy Group, discusses how and why health savings accounts (HSAs) should be promoted as a way to save for retirement expenses.
Employees Not Fully Prepared to Manage Health Care Responsibility
Consumers that are already enrolled in HSAs are more fluent, more engaged, and make savvier health and financial decisions than the general public, Alegeus finds.
Lively Launches HSA Marketplace
The marketplace connects account holders to cost-effective and convenient qualified medical expense products and services.
Empower Combines HSA and Retirement Plan Reporting
A new interactive interface allows employees to think about retirement and health savings together and visualize the best way to allocate limited assets.
PayFlex Launches HSA Education Resource
The new plan sponsor site calls for employers to “commit, collaborate, and communicate to drive engagement and adoption.”
The Secret to a Better Financial Wellness Program: HSA Education
Helen Calvin, chief revenue officer at Jellyvision, explains how employees may respond better to employer education about HSAs, tracking HSA education success is easier, and employee changes relating to HSAs is much easier than other financial wellness education.
Report Serves As Primer on HSAs
For those who need more knowledge about health savings account (HSA) rules and benefits, a Congressional Research Service report can help.
Retained and Invested HSA Assets Grow
Those who have HSA assets invested have a $16,007 average total balance, more than eight times larger than a non-investment holder’s average account balance, Devenir finds.
Meaningful Education Needed Before Open Enrollment
Education about benefits should be simple and personalized, and with the recent focus on HSAs as a way to save for retirement health care costs, special attention should be paid to education about them.
Employees Overestimate Knowledge About HSAs
Bank of America Merrill Lynch’s 2018 Workplace Benefits Report also finds men and women show different levels of financial stress.
Will Employees Contribute More to HSAs?
Legislation has been passed that would increase HSA contribution limits, but prior data shows few employees actually contribute the maximum.
Clearing the House, HSA Bills Face Less Certain Senate Consideration
If plan sponsors have suggestions and or would like to express support for health savings accounts, now is a good time to let members of Congress know, or to work through employer advocacy groups in Washington.
Communicating Health Savings Account Value
How employers can take the driver’s seat in preparing workers for the retirement savings road trip.
HSA Amendment Bills Moved to U.S. House
Among the bills approved by the House Ways and Means Committee is one that would qualify significantly more health treatments, services and over-the-counter drugs for HSA spending.
House Committee Contemplates Bill That Would Reduce Employer Health Benefit Costs
Also being considered is legislation for expanding benefits of HSAs.
Firms Offer Framework for Planning for Retirement Health Costs
Due to the variations in a person’s life and health status year over year, joint research from Vanguard and Mercer encourages investors to focus on factors they can control and plan accordingly using five guidelines.