News

For millions of self-employed Americans, the Affordable Care Act’s (ACA) open enrollment period is one of the most important ...
ERISA may run the more visible day-to-day aspects such as claims, appeals, and fiduciary procedure, but the tax code sets the ...
Franklin, TN – Root Brands, the rapidly expanding nutraceutical company, headquartered in Franklin, announced today that U.S.
To get one, you’ll need to have a high-deductible health plan. There’s a limit to how much you can contribute to an HSA each year. Certain expenses are excluded from an HSA.
The good news is the HSA limits are adjusted each year to account for inflation. As a result, the self-only HSA contribution limit is $4,300 for 2025, but it increases to $4,400 for 2026.
Additionally, your plan’s out-of-pocket maximum cannot be more than $8,300 for an individual in 2025, or $16,600 for a family. For 2026, those numbers increase to $8,500 and $17,000, respectively.
An HSA can be especially useful during the Covid-19 pandemic, and during 2020 open enrollment season when individuals are required to make health-care plan decisions, it's worth learning the basics.
HSAs have complexities that employers must grapple with for the benefits to be useful, according to experts who spoke during the recent PLANSPONSOR webinar: Your HSA Questions Answered. Employee ...
An HSA is a tax-advantaged savings vehicle that's paired with a high-deductible health plan (HDHP) to help people pay for qualified healthcare costs. It's most known for its triple-tax benefits.
Plan sponsors must balance the benefits of auto-enrollment, acknowledging “that some people sign up for the high-deductible health plan but do not open an HSA,” with the drawbacks, he said. If the ...
In fact, an HSA is similar to a traditional IRA or 401 (k) plan in that it’s a tax-advantaged savings account funded with pretax dollars. Funds can be withdrawn tax-free to pay for a wide range ...