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Help Employees Understand the HSA Value Proposition

Corporate Synergies

Health savings accounts can be a good deal for employees. High deductible health plans (HDHPs) are on the rise as a growing number of employers turn to consumer-directed health plans to try to curb costs—the portion of employees enrolled in HDHPs rose from 26.3% HSA value isn’t always obvious. As Seen In.

401(k) 40
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Executive benefit reimbursement plans

Higginbotham

According to the Commonwealth Fund , more than one in 20 Americans under the age of 64 spent at least $1,700 on out-of-pocket medical expenses in 2017. They have to pay a deductible. A health reimbursement plan gives employers a way to cover these costs. FSAs: These accounts are owned by the employer; so they are not portable.

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IRS Changes Position on HSA Family Limit

AssuredPartners

{"ops":[{"insert":"The Internal Revenue Service (IRS) has announced relief for taxpayers with family coverage under a High Deductible Health Plan (HDHP) who contribute to a Health Savings Account (HSA). nFor more information about the Tax Cuts and Jobs Act enacted in Dec.

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Employers: Help Your Employees Avoid HSA Challenges

Corporate Synergies

Health savings accounts are designed for the long term, but most employees use funds for current healthcare expenses. Health savings accounts (HSAs) continue to increase in popularity, but not without issues for both employees and employers. And the average HSA balance grew by just $110 from 2017 to 2018.

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Enrolling in benefits creates a level of stress that’s scary

Benefit Resource Inc.

According to the 2017 Benefits Communication Survey from Jellyvision, almost half of employees report enrolling in benefits as “always very stressful” That’s scary. When it comes to pre-tax benefits specifically, we found three areas that are common culprits: Gaps in understanding of pre-tax benefits.

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Basics of Tax-Efficient Investing

Money Talk

This phrase was designed to encourage investors to buy tax-free municipal bonds that provide a higher after-tax return than higher-yielding taxable bonds. In a more general way, the advertisement was also promoting the concept of tax-efficient investing. no tax for New Jersey residents on a New Jersey-issued bond).

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ACA Repeal & Replace - New House Bill Details

AssuredPartners

So, the tax exclusion for employer-provided plans remains in place. Here are Eight Key Provisions of the newly released plans: Cadillac Tax delayed until 2025. The challenge to repeal the Cadillac Tax will continue. While this plan delays the Cadillac Tax from 2020 to 2025. HSAs (Health Savings Accounts) will be expanded.