Stratus.HR

JUNE 11, 2021

High Deductible Health Plans (HDHP) and Health Savings Accounts (HSA) are growing more and more popular each year. Well, there’s a flipside of HDHPs and HSAs that includes a higher deductible and added out-of-pocket costs. HSA Bank Fees. HSA as a Retirement Account. HSA-Eligible Expenses.

Deductions 76

Deductions Deductible Out of Pocket Cost Health Savings Account 76

InterWest Insurance Services

NOVEMBER 10, 2022

This disengagement is more typical with younger workers, who may feel that the extra expense for their share of their health plan premium isn’t worth it since they are young and healthy. Also consider that one in three employees are uncertain about their ability to cover future health care expenses.

401(k) 96

401(k) Health Savings Account Health Insurance Insurance 96

Benefit Resource Inc.

JANUARY 3, 2022

Fortunately, one great way to help with out-of-pocket costs is utilizing a Health Savings Account (HSA). Switch to a high-deductible health plan. Set a monthly saving goal and stick to it. Consider what you may spend on monthly premiums and save that instead. Hit this savings goal every year.

Taxes 72

Taxes 401(k) Out of Pocket Cost Health Savings Account 72

Insperity

AUGUST 9, 2016

Take these steps to start building an employee benefits program that won’t break the bank. To attract talent and compete effectively, many businesses first elect to offer: Health insurance – Due to the rising costs of health care, this is a must in the eyes of many employees. Articulate additional perks.

Banking 50

Banking Employee Benefits Disability Insurance 401(k) 50

Insperity

DECEMBER 13, 2018

HSA is the acronym for health savings account; FSA is the acronym for flexible spending account. An easy, basic way to distinguish what each account is intended for is by focusing on what the letter “S” represents in each: savings and spending. What you need to know about health care FSAs.

401(k) 52

401(k) Deductions Deductible Taxes 52

Money Talk

AUGUST 3, 2022

Consider Tax-Saving Gifts - Only about 10% of taxpayers today can itemize deductions and it generally requires a plan to aggregate sufficient deductible expenses that exceed the standard deduction amount ($12,950 for singles and $25,900 for married couples filing jointly). For tax-advantaged accounts (e.g.,

Taxes 188

Taxes 401(k) Flexible Spending Account Deductions 188