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During enrollment season, a lot of employees wonder, “Can I have an FSA and HSA at the same time?” After all, both accounts are popular and people want to maximize their tax savings and lower their healthcare costs. Let’s take a look at both accounts and see if you can >>
Enrollment season is here and your company will likely be talking about benefits in the near future. If you participate in your employer’s plan, you’re probably wondering, “How much should I put in my FSA?” or “How much should I contribute to my HSA?” Unless you’re a psychic, budgeting for >>
Opening a Health Savings Account (HSA) can be easy and it can change your outlook on your personal healthcare. With the triple tax savings of tax-free contribution, withdrawals for eligible expenses, and earnings on interest and investments, an HSA makes a lot of sense for people who want a bigger >>
Open enrollment season is right around the corner. Between September and December many companies start allowing their employees to sign up for benefits for the next year – which often includes health, dental, life and vision insurance; some businesses also offer other options like commuter benefit accounts or consumer directed >>
It’s time for a pop quiz! Test your knowledge of eligible expenses for Flexible Spending Accounts (FSAs) and Health Savings Accounts (HSAs) with the following questions. The answers are below. (Don’t worry – I won’t grade your answers). Good luck! Pop Quiz – FSA/HSA Eligible Expense Questions My child is >>
Health Savings Accounts (HSAs) tend to generate a lot of questions from participants and people interested in opening an account. One of the most frequently asked questions (FAQs) about HSAs is, “When can I open an HSA?” I have an answer to this question and other HSA FAQs below. HSA >>
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