The IRS has announced an increase to the health care health savings account (HSA) contribution limits for the 2020 plan year. The 2020 HSA contribution level maximum will be $3,550. Get more details here.
ConnectYourCare's strategic partnership with Winston Benefits offers employers broader access to benefits solutions, including health savings accounts, flexible spending accounts, health reimbursement arrangements, and COBRA administration benefits, as well as Winston’s enrollment channels and carrier partner alliances.
In this post, we demystify HSAs and how they intersect with Social Security and Medicare, so you can help your clients make educated decisions for retirement—from age 65 and beyond.
Whether you’re thinking about starting a family, currently expecting, or already have a newborn at home, it’s never too late to financially prepare for your baby’s care, as well as your own! See how HSAs and FSAs can be used to save on doctor visits and baby necessities.
COBRA rules and regulations are often hard to navigate, and understanding COBRA can be a difficult task if you’re offering COBRA for the first time. In this post, we’ll give you a high-level overview of eligible and ineligible COBRA benefits, plus insight on COBRA and health savings accounts (HSAs).
Your daily trip to work can be a drain on your paycheck, but commuting tax deduction could change that. On January 1, 2019, the Internal Revenue Service (IRS) increased the monthly pre-tax contribution limit for parking and transit.
It is that time of year again, and no, not the holidays, but the end of the year when we scramble to use up the remaining part of our FSA balance before it is too late. Each year, millions of workers set aside funds [...]
The IRS has announced an increase to the health care flexible spending account (FSA) contribution limits for the 2019 plan year. The 2019 FSA contribution level maximum will be $2,700. Get more details here.
The IRS, DOL, and HHS have announced a proposed regulation that would allow employers who do not provide group health plan coverage to provide HRAs to employees to pay premiums for individual marketplace insurance through the exchanges.
There is a myth that individuals in lower income brackets can’t afford to have anything else deducted from their paychecks and therefore they forgo having a Flexible Spending Account (FSA). In this post, Gentrie Pool looks at why an FSA can be "worth it," even for those with lower incomes.