article thumbnail

2025 HSA contribution limits increase to $4,300, $8,550

WEX Inc.

Health savings account (HSA) contribution limits are on the rise again in 2025. The information in this blog post is for educational purposes only. For legal or tax advice, you should consult your own legal counsel, tax and investment advisers. It is not legal or tax advice.

article thumbnail

What is an HDHP?

WEX Inc.

This can make HDHPs a great option for saving on monthly payments. Health savings accounts Another great perk of HDHPs is they can be paired with health savings accounts (HSAs). An HSA is a tax-advantaged savings account that allows you to save money specifically for medical expenses.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Happy 2023! Get educated with our top 2022 blog posts

WEX Inc.

Fortunately, your health savings account (HSA) is an employee-owned account, so it stays with you, even when you switch employers. The information in this blog post is for educational purposes only. For legal or tax advice, you should consult your own legal counsel, tax and investment advisers.

article thumbnail

Support your employees’ fertility benefit needs with an HSA or FSA

WEX Inc.

And did you know that a variety of fertility and infertility treatments are eligible for health savings account (HSA) and medical flexible spending account (FSA) funds? The information in this blog post is for educational purposes only. What are fertility benefits? Here are a few to-dos for you.

article thumbnail

Are sunscreen and other SPF products HSA and FSA eligible?

WEX Inc.

Sunscreen can cost as much as $40 a bottle, but did you know you can actually use your health savings account (HSA) or medical flexible spending account (FSA) funds on many SPF-related expenses? The information in this blog post is for educational purposes only. How’s your sunscreen stock?

article thumbnail

HSA vs. FSA: See how you’ll save with each

WEX Inc.

Participating in a health savings account (HSA) or flexible spending account (FSA) is a great way to save money. Health savings account An HSA is an individually owned benefits plan funded by you or your employer that lets you save on purchases of eligible expenses.

401(k) 98
article thumbnail

Save on back-to-school expenses with your HSA or FSA

WEX Inc.

You might be surprised to learn that your health savings account (HSA) and medical flexible spending account (FSA) can help you save on purchases of a variety of back-to-school, expenses, including: Thermometers. The information in this blog post is for educational purposes only.