Health Savings Accounts

Why Consider Health Savings Accounts for 2025: Navigating Rising Health Insurance Costs for Businesses

2024-09-12T12:14:33-04:00September 4th, 2024|2024, Health Savings Accounts|

As we approach 2025, businesses in the automotive, roads, fuel, fleet, and related industries face an increasingly complex healthcare landscape. With health insurance costs continuing to rise, many companies are seeking innovative solutions to manage expenses while still [...]

REMINDER: IRS Raises Health Savings Account and High Deductible Health Plan Limits for 2024

2023-10-05T13:13:09-04:00June 28th, 2023|2023, Employee Benefits, Employee Benefits Legislation, Health Savings Accounts, New Hampshire News|

Employees will be able to save more money in their health savings accounts (HSAs) in 2024, thanks to inflation-driven increases in contribution limits. The IRS announced on May 16 that the annual limit on HSA contributions for self-only coverage [...]

Telehealth Relief for Health Savings Accounts (HSAs) Extended in Funding Package

2023-04-17T11:10:12-04:00January 3rd, 2023|2023, Benefits Administration, Employee Benefits, Employee Benefits Compliance, Employee Benefits Legislation, Health Savings Accounts, Legislative News|

On December 23, 2022, the House passed a 4,155-page funding bill, the Consolidated Appropriations Act of 2023 (“CAA-23”), that includes a two year extension on telehealth relief for high deductible health plans (“HDHPs”) offered with health savings accounts (“HSAs”). [...]

Why You Won’t Regret Taking Advantage of an HSA

2023-04-17T11:12:15-04:00August 16th, 2022|2022, Employee Benefits, Health Savings Accounts|

You'll be glad you took the tax breaks. Outside of housing and maybe transportation costs, healthcare will likely be your largest retirement expense. It's unfortunate, but doctor visits become more frequent, and more health problems tend to pop up as you [...]