Throughout the 2020 campaign, voters have looked for candidates who will strengthen financial security for the American people and deliver health care choice and access to families.
Read More
Dental Work in Mexico? Really? Are you crazy?
Read More
Maximizing Employee Health Care Control and Minimizing Employer Burden
Read More
The employer-matching component of 401(k)s is designed to limit costs and incentivize participation.
Read More
While December 2019 marked the 16th anniversary of legislation that created Health Savings Accounts (HSAs), many still regard the HSA as a new, untested innovation.
Read More
Devenir, a national leader in providing investment solutions for health savings accounts (HSAs).
Read More
Most people have heard of a Health Savings Account. It sounds good, tax benefits and all. But why should they want one?
Read More
The next two weeks are crucial for healthcare legislation, as the 116th Congress proposes probably its last major bill prior to the November election.
Read More
Health savings accounts (HSAs) were enacted in 2003 to help Americans cope with the increasingly popular high deductible health plans that offer low premiums, but higher out of pocket costs.
Read More
A simple, one-page piece of legislation will allow Americans to pay for their health care tax-free during the duration of the coronavirus pandemic.
Read More
Although Health Savings Accounts are personal financial accounts, they do affect the family. And the family can affect the account. Let's examine how a spouse can boost the benefits that you derive from your Health Savings Account . . . or derail your best-laid financial plans.
Read More
The coronavirus pandemic in the United States forced the Federal Reserve to cut rates close to zero in order to dampen the effect of the virus on the U.S. economy. In this unique time, Devenir has been observing how health savings account (HSA) providers have reacted to the rate cut. In the past, during times of economic expansion, we have observed that the deposit rates offered in health savings accounts have been less reactive to raises in the Federal Funds rate.
Read More
When you look at the history of 401Ks and HSAs, their origins have similar intentions - to help Americans prepare for a retirement that the government and employers are placing more squarely on their backs.
Read More
HSA investments have grown rapidly in recent years, reaching 24% of total assets and over 1.2 million (4%) accounts as of 12/31/2019. The average investment balance for investment account holders has grown to $12,695 in 2019, from roughly $5,000 in 2011.
Read More
In the face of the coronavirus pandemic, policymakers are rightly leaving no stone unturned for proposals that can help mitigate the economic and healthcare damage caused by the virus. While Congress recently passed the Coronavirus Aid, Relief, and Economic Security Act to help citizens through this crisis, Senate Majority Leader Mitch McConnell has said there will likely be additional legislation in the coming weeks or months focusing on healthcare measures.
Read More
Under current law, anyone enrolled in any part of Medicare is disqualified from making or receiving contributions to a Health Savings Account. This provision hurts working seniors with lower incomes and those working for small companies (who typically are lower-paid).
Read More
The IRS extended the tax filing deadline to July 15th, 2020 as part of the response to the Coronavirus Pandemic. This extension led to questions about prior year contributions to retirement accounts and HSA’s. Yesterday, the IRS released guidance on the tax filing extension.
Read More
HealthEquity SVP Dr. Bill West updates the industry on major issues: employer attitudes towards CDH after the Cadillac Tax repeal, the slowdown in ACA exchanges, what Medicare could do to help HSAs, and why total replacement is still a priority for employers.
Read More
As US adults approach Medicare eligibility at age 65 years, they face important decisions about health care and employment. Recent legislative, regulatory, and legal challenges to the Affordable Care Act may add new uncertainties to this decision-making.
Read More