Tax Reform Changes HSA Limit for Family Coverage
For an individual with self-only coverage, nothing has changed since the IRS announced limits in 2017.
Tag: Health Savings Accounts
DataPath Adds HSA and Investment Functionality to Administration Platform
The Summit platform allows TPAs to be more efficient by keeping all administration together in one system.
More Employees Enroll in HSAs for Long-Term Savings
Nearly 45% of respondents to a ConnectYourCare survey chose to enroll in a health savings account (HSA) as a savings vehicle for future health care needs, up from 40.5% in 2017.
HDHPs Appeal to Millennials and Higher-Income Employees
An analysis also finds Millennials were especially eager to adopt health savings accounts (HSAs), nearly doubling their HSA participation from 2017.
Retirement Industry People Moves
WEX Health and dailyVest form collaboration for HSA consumers, and FIA promotes consultants and analysts within the firm.
Mid-Career Employees Most Likely to Be HSA Spenders
Even among employees who invest their HSA assets, only 17.7% indicate they will save and grow their assets for future health care needs in retirement.
Alegeus Opens Marketplace for HSA and FSA Spending
The portal for eligible products and services will help employees make smarter purchase decisions and understand what can be paid for with health savings account and health care flexible spending account savings, the company says.
Participants Not Foregoing 401(k) Contributions for HSA Contributions
A Fidelity analysis also found more than one-quarter of 401(k) participants increased their contribution rates since last year.
Participant Knowledge of HSAs Reveals Some Gaps
A study shows consumers might not understand health savings accounts as well as they believe.
What Employers Want in Health Reform
Respondents to a survey from Mercer reported preferences for policies to mitigate costs.
Cost Strategies and Vendor Contracting Employers’ Top Health Plan Concerns
The latest study from the Segal Group includes plan sponsors’ picks for the top five cost-management strategies.
More HSA Account Holders Have Funds to Roll Over
Of the HSAs with distributions, the average amount distributed was less than the average contribution, resulting in balance increases, EBRI finds.
Employers Bracing for Increase in Health Benefits Costs for 2018
Employers are looking at various cost-controlling strategies such as partnering with Centers of Excellence and offering telemedicine services.
Encouraging HSA Use As a Retirement Savings Vehicle
Health savings accounts are seen as a valuable tool for covering health care costs in retirement.
Who’s Working for You?: PSCA
In a series of articles, PLANSPONSOR is profiling industry groups that work for retirement and health plan sponsors to protect them from onerous burdens and help them with plan design and administration. In this article we profile the Plan Sponsor Council of America (PSCA).