HSAs are a powerful tool for saving on healthcare expenses. Four habits to save efficiently for your healthcare needs through Health Savings Accounts.
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.
Retirement income, savings, and investments all come to mind when people plan for retirement, but one thing often overlooked is the role that healthcare expenses can play in your retirement plans. It is time to focus in on that as well.
HSAs are becoming a more critical player in your benefits packages. Here’s what you should know about Health Savings Accounts.
The HSA and F.I.R.E. aim to help one retire decades before the customary retirement age. Learn how HSAs can help you reach your goals faster.
Taking your employees on a journey from spenders to savers to investors requires thinking about how you structure the plan itself—a quick look at the possibilities. Seed, Match, and Reward.
Most Americans aren’t adequately prepared for retirement. To make matters worse, the majority aren’t saving enough to catch up. And that is not including medical expenses in retirement. In 2020, a couple could need $325,000 for healthcare-related expenses in...
Once you get your employees enrolled and contributing to their health saving accounts, you’ve only won half the battle. A simple fact remains: the majority of employees don’t know that they can invest their HSA dollars. Your employees get stuck accumulating a cash...
A Health Savings Account (HSA) or a Flexible Spending Account (FSA) allows people to contribute pretax dollars for qualified medical expenses such as copayments and deductibles.