Category Archives for HSA

Love Your FSA/HSA: 6 Reasons to Embrace Your Benefits

“All you need is love …” We’ve all heard that before, but is it really true? Fact is, being in a loving relationship provides all sorts of health benefits. From less depression and substance abuse,

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Tips for Reducing Medical Costs for Healthcare Consumers

The cost of healthcare may be a sizable portion of person’s or families’ annual expenses. In 2020, workers paid an average of $5,588 toward the cost of their coverage. Therefore, it is

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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 $550 carryover), losing

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HSA 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

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VIDEO: Captain Contributor Explains Benefits Debit Cards

Captain Contributor Explains Benefits Debit Cards No matter where you go – doctors’ offices, grocery stores, retail shops, and more – you can use a debit or credit card to pay for

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VIDEO: 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

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FSA 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,

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Generation 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

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Benefits 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 left your job

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Building 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

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Back-to-School Shopping with Your FSA or HSA

As the school year gets underway, both parents and kids are in preparation mode! One of the many tasks at hand is back-to-school shopping. It seems like teachers and schools provide a list that’s

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VIDEO: 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

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Keep the Summer Fun Going with your FSA!

Every year, many people look forward to the return of summer! 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

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Recognizing 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

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HSA 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

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More Online Retailers Accept Benefits Cards

Amazon.com accepts pre-tax healthcare benefits cards as a form of payment. The giant online retailer joins other companies, like FSAStore.com, HSAStore.com, and Walgreens, (among others) as online

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Your Mental Health Matters – Fighting Stigmas and Getting Treatment

Mental health is such an important topic that it has an awareness month in May, and an awareness day in October. There continues to be a lot of stigma around mental health, but according to National

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What 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

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Get Your Zzzz’s: Sleep, Wellness & Benefit 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

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Heart health: Heart disease risk factors and ways you can get healthier

Every 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,

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VIDEO: 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.

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Tax-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

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VIDEO: 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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Tax-Free Talk, Enrollment Season Podcast, Ep. 2

Tax-Free Talk is a special benefits enrollment season podcast featuring host, Kathy Claimant. In this second edition of the Tax-Free Talk enrollment season podcast, Kathy Claimant follows benefits superhero

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Tax-Free Talk, Enrollment Season Podcast, Ep. 1

Tax-Free Talk is a special benefits enrollment season podcast featuring host, Kathy Claimant. In this funny, informative and engaging serial, Kathy Claimant hosts benefits superhero Captain Contributor.

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