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Celebrating 20 Years of Health Savings Accounts

Benefit Resource Inc.

As we celebrate the 20th anniversary of Health Savings Accounts (HSAs), it’s time to reflect on the transformative impact this financial tool has had on healthcare and personal finance. This is especially valuable as it enables individuals to build a substantial financial cushion for future healthcare needs.

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Your Tax Guide to Health Savings Accounts

Benefit Resource Inc.

As an employee with a Health Savings Account (HSA), knowing what you need to report during tax season is important. It’s important only to use your HSA funds for qualified healthcare expenses , so make sure you keep good records and consult a tax professional if you’re unsure about what qualifies.

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What You Need to Know About Health Savings Accounts

Benefit Resource Inc.

Health Savings Accounts (HSAs) are tax-advantaged accounts that allow you to pay for medical expenses now and in the future. Whether you already have an HSA or are looking at this account for the first time, BRI is here to share why we love this account so much. HSAs Are Not Use-It-Or-Lose.

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Celebrate 19 Years of Health Savings Accounts

Benefit Resource Inc.

It’s the 19th birthday of Health Savings Accounts (HSAs), and they have been a game-changer in healthcare. They are one of the most powerful tools available to employers, employees, and their families when saving on healthcare costs. Let’s take a look at how these accounts can help your business.

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Now is the time for employers to boost health savings account participation

UMB: Emplooyee Benefits

Between the increased prioritization of health due to the COVID-19 pandemic and the continued rising cost of healthcare, this comes as no surprise. The post Now is the time for employers to boost health savings account participation appeared first on Financial insights for individuals and businesses.

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2019 Guide to Health Savings Accounts | benefitexpress

WEX Inc.

When it comes to managing employee benefits, employers are frequently turning to high-deductible health plans to help control costs. But managing – and keeping up with – HSA requirements has its difficulties.

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How much should I contribute to my HSA?

WEX Inc.

How much should I contribute to my health savings account (HSA) each month? If you’re covered by an HSA-eligible health plan (or high-deductible health plan ), the IRS allows you to put as much as $3,650 per year (in 2022) into your health savings account (HSA). What is an HSA?