Category Archives for HSA
Christmas and Your FSA: Creative Ways to Stuff Stockings
With just a few days before the end of the year, Flexible Spending Account (FSA) owners may need to spend down their balances. Due to use it or lose it (and even if you have the $500 carryover), losing
Continue readingHSA Contributions: Five Things You May Not Know
Every year, Health Savings Account (HSA) owners have to figure out how they’ll fund their accounts. If the HSA is through their employer, they can make pre-tax contributions each pay period. But did
Continue readingVIDEO: Captain Contributor Explains Benefits Debit Cards
Benefits debit cards can be used nearly everywhere No matter where you go – doctors’ offices, grocery stores, retail shops, and more – you can use a debit or credit card to pay for goods and
Continue readingVIDEO: Captain Contributor Explains HDHPs and HSAs
What are HDHPs and HSAs? What is an HDHP? Moving to a high deductible health plan (HDHP) can be a little scary, especially when looking at the amount of the deductible. One great thing about
Continue readingFSA vs HRA vs HSA: A Comparison with Chart
Healthcare benefits accounts can be confusing. On first glance, Flexible Spending Accounts (FSAs), Health Reimbursement Arrangements (HRAs), and Health Savings Accounts (HSAs) look very similar. However,
Continue readingGeneration Z: Why an HDHP with HSA makes sense
Generation Z – you’re young, you’re healthy, and you’re starting to make your presence felt in the workplace. But during benefits enrollment, you may feel overwhelmed. Don’t worry, because you
Continue readingBenefits Villain Rap Sheets
NEFARIOUS ACTIONS 1) Says if you're fired from your job, you aren't eligible for COBRA benefits. FALSE! Eligibility is not affected by the reason you
Continue readingPreparing for Enrollment Season – 5 Tips for Employees
For millions of people across the U.S., enrollment season is right around the corner. Each Fall, companies set aside a period of two to three weeks to allow employees to pick and choose which benefits
Continue readingBuilding Your HSA: Growth and Investing Tips
Attention, Health Savings Account (HSA) owners! Growing your HSA may seem challenging, but it’s possible. Check out these tips for building your HSA from the ground up. What is an HSA? For people
Continue readingBack-to-School Shopping with Your FSA or HSA
August is here, which means the school year has just begun (or is about to begin) for students across the country. If you have a Flexible Spending Account (FSA) or Health Savings Account (HSA), you can
Continue readingVIDEO: Captain Contributor Explains Preparing for Enrollment
Questions About Enrolling in Your Benefits A lot of people don’t fully understand their benefits package, and blindly make important healthcare choices. This year, challenge yourself to do
Continue readingKeep the Summer Fun Going with your FSA!
Summer is in full swing across the country! The sun is out, the weather is warm, and everybody is getting outdoors. Whether you’re looking to have fun at the beach, hang out by the pool, go camping,
Continue readingRecognizing Symptoms and Getting Treatment for PTSD
Post-Traumatic Stress Disorder, also known as PTSD, is a common condition suffered by millions of people. PTSD affects approximately 3.5 percent of all adults in the United States; it is also estimated
Continue readingHSA FAQ: What Happens to My HSA When I Die?
As enrollment in high deductible health plans grows, so does the number of people with a Health Savings Account (HSA). HSAs are great for saving money on taxes and healthcare expenses. Plus, the HSA is
Continue readingMore Online Retailers Accept Healthcare Benefits Cards
Earlier this year, Amazon.com announced it will now accept pre-tax healthcare benefits cards as a form of payment. The giant online retailer joins other companies, like FSAStore.com, HSAStore.com, and
Continue readingYour Mental Health Matters – Fighting Stigmas and Getting Treatment
May is Mental Health Awareness Month, making it a great time to talk about this sensitive subject (October 10 is World Mental Health Day). There is a lot of stigma around mental health, but according
Continue readingWhat is a Summary Plan Description?
If you receive healthcare benefits from your employer, you should have access to a Summary Plan Description (SPD). In a nutshell, the SPD provides important details about your company’s benefits
Continue readingTax Deadline Tip: HSA Contributions for the Previous Year
If you have a Health Savings Account (HSA), here’s some interesting news: you can make HSA contributions for the previous year before the tax deadline! Does that sound too good to be true? As outlined
Continue readingGet Your Zzzz’s: Sleep, Wellness and Your Benefits Accounts
Is this the stuff of nightmares? 25 percent of adults in the U.S. report poor sleep health. While it may not seem scary on the surface, a lack of good sleep can be detrimental to your overall health and
Continue readingHeart health: Heart disease risk factors and ways you can get healthier
February is American Heart Month, which is pretty convenient with Valentine’s Day falling right in the middle. With that in mind, I have researched some facts about heart disease, risk factors, and
Continue readingChanging Health Insurance Coverage and Your HSA
Health Savings Accounts offer a slew of excellent benefits for account owners. In addition to the triple tax savings of tax-free contributions, tax-free withdrawals for eligible expenses, and tax-free
Continue readingHSA and FSA Contribution Limits for 2019
Attention – there is good news for employer-sponsored benefit accounts in 2019! The IRS has raised the annual contribution limits for Health Savings Accounts, Flexible Spending Accounts, and Commuter
Continue readingVIDEO: Captain Contributor Explains How FSAs Work
Understanding How FSAs Work A Flexible Spending Account, or FSA, is a great way to save on taxes and set aside money for health and childcare expenses. The basics of an FSA are pretty simple.
Continue readingTax-Free Talk, Enrollment Season Podcast, Ep. 3
Tax-Free Talk is a special benefits enrollment season podcast featuring host, Kathy Claimant. In this third installment of Tax-Free Talk, an enrollment season podcast, benefits superhero Captain Contributor
Continue readingVIDEO: Captain Contributor Explains Tax Savings
Tax Savings You can save 30% or more on healthcare expenses due to the tax advantages from an FSA, HSA, or HRA, but do you know what the differences in these benefit accounts? Which one is
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