Employers Articles

HSAs Help Women Make Progress Towards Financial Security

HSAs Help Women Make Progress Towards Financial Security

Women face more challenges when it comes to savings and retirement. It is primarily because women encounter a wage gap that follows them into their retirement years. Women only have 70% of the overall income in retirement that men enjoy. Many in that age group have no retirement savings at all.  In light of these facts, women need to plan for their retirement and consider health savings accounts (HSA) as a tool to help them achieve their goals and set themselves up to be financially secure.

Prior Year HSA Contributions Reminder

Prior Year HSA Contributions Reminder

January marks the start of a new year and is a great time to remind your employees that they have until April 15th, 2022 to make contributions and max out their health savings accounts (HSAs) for 2021.  Encouraging your employees to contribute to their HSAs will...

Have Your Payroll and HSA Systems Met?

Have Your Payroll and HSA Systems Met?

Is your HR team understaffed and overwhelmed?  If you answered yes to this question, it wouldn’t be a big surprise since many businesses feel this pain.  According to a recent study, tedious administration tasks take up over 73% of a human resource department’s time...

Happy Birthday HSA! 5 HSA Myths Debunked

Happy Birthday HSA! 5 HSA Myths Debunked

The health savings account (HSA) turns 18 years old this December! HSAs were established into federal law by the Medicare Prescription Drug Improvement and Modernization Act of 2003 and were designed to help people save for future health care expenses. While the HSA...