by admin | Mar 16, 2019 | Flexible Spending Accounts, Health Savings Accounts, Uncategorized
A screenshot of Amazon’s FSA/HSA storefront KEY POINTS Amazon will now accept consumers’ health savings and flexible savings accounts. That allows people to contribute a portion of their salary or wages, before taxes, to cover medical expenses that would...
by admin | Dec 5, 2018 | Health Savings Accounts
The IRS has announced 2019 HSA contribution limits as part of the release of Revenue Procedure 2018-30. The limits are: HSA 2018 2019 Self-only HSA contribution limit $3,450 $3,500 Family HSA contribution limit $6,900 $7,000 In 2019,...
by admin | Feb 17, 2018 | Health Savings Accounts, Healthcare Reform
A provision tucked in President Donald Trump’s proposed budget would give people on Medicare a way to save for health care costs on a tax-advantaged basis. In the proposal, the White House calls for a new option that would permit Medicare beneficiaries to make...
by admin | May 8, 2017 | Health Savings Accounts
The Internal Revenue Service (IRS) has released the 2018 annual contribution, deductible, and out-of-pocket maximum limits for Health Savings Accounts (HSA) and HSA-qualified health plans. The 2018 amounts for HSA-qualified plans are: 2018 Minimum Deductibles...
by admin | Jun 23, 2016 | Health Savings Accounts, Insurance News
Employees could make bigger contributions to their health savings accounts, while colleges and universities that don’t extend health insurance coverage to student employees would not be exposed to huge health insurance law penalties, under bills approved...
by admin | May 31, 2016 | Health Savings Accounts
The 2017 health savings account (HSA) guidelines were recently released by the Internal Revenue Service (IRS). These guidelines outline the inflation-adjusted contribution, deductible, and out-of-pocket spending limits for Health Savings Accounts (HSAs) and...