2024 Inflation-Adjustment Amounts for HSAs

2024 Inflation-Adjustment Amounts for HSAs

A Health Savings Account (HSA) is a tax-exempt savings account that can be used to pay for certain medical expenses. HSAs are only available with certain high-deductible health plans. With an HSA plan individuals are allowed to put money away and withdraw it tax-free, for qualified medical expenses. Individuals using untaxed dollars in an HSA […]

Why Your High Deductible Health Plan Will Fail

High deductible health plans (HDHPs) are becoming a popular health plan offering among employers nationwide.  HDHPs can encourage employees to spend their health dollars wisely and can motivate them to take charge of their own health and wellness.  To maximize the odds that your HDHP will be a success, avoid making these five common mistakes. […]