do-hsa-funds-expire 
BerniePortal
SEPTEMBER 23, 2020
health savings account (HSA) funds and flexible savings account (FSA) funds and how to spend them. It’s important for HR administrators to keep in mind the distinction between HSA and FSA funds in order to prepare for questions that employees might have in the coming weeks about their benefits.
PeopleKeep
NOVEMBER 12, 2021
How a group coverage HRA and an HSA compare. If you’re looking to supplement your organization’s group health insurance plan to help cover your employees’ out-of-pocket costs, you have two main options: Section 105 plans , such as the group coverage HRAs (GCHRAs), and Section 125 cafeteria plans , such as health savings accounts (HSAs).
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Benefit Resource Inc.
DECEMBER 21, 2022
The Benefit of an HSA. One of the biggest benefits of using an HSA is that the contributions are tax-deductible. That means that any money contributed to the HSA isn’t subject to income or payroll taxes—which can mean huge savings in taxes each year! How To Use an HSA. HSAs Are A Win For All.
Benefit Resource Inc.
NOVEMBER 4, 2021
JRR Tolkien said it best, “ All we have to decide is what to do with the time that is given us.” We’re sharing how HSAs work for different income levels and helping you plan ahead with the one plan to rule them all! An HSA is a tax-free investment account that saves proceeds exclusively for medical expenses.
Benefit Resource Inc.
OCTOBER 14, 2021
Your employer contributes funds into a trust account, tax-free, for you to use towards eligible health care expenses. ” Unlike an FSA, your funds roll over year to year and will not expire. This added layer of security gives you peace of mind that your funds will be there when needed, come rain or shine. Free money!
Extensis
JANUARY 17, 2023
Here are four things brokers can do throughout the year to help their clients’ employees make the most of their FSA funds and promote greater staff retention, satisfaction, and plan participation. Typically, FSA funds must be used by December 31 each year and do not roll over. Share ideas on how to use FSA funds.
Zenefits
JUNE 15, 2022
The IRS released Revenue Procedures 2023 , which raises: HSA contribution limits for employers and employees. An overview of HDHP and HSA provisions may give insight into how the 2023 cost increases could affect employers who currently offer, or plan to offer, these benefits. What employers must do. 2023 limit increases.
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