While health savings account assets have reached near $100 billion, account holders’ invested assets have increased slowly.
HSA Bank's Retirement Healthcare Cost Calculator is designed to show the value of saving and investing in health savings accounts (HSAs).
Improving health care literacy can help employees make the right financial decisions.
Its features include fractional trading up to eight decimal points, auto-rebalancing and real-time account opening and trading.
An individual with self-only coverage under a high-deductible health plan can contribute up to $3,650, $50 more than in 2021.
Speakers at the virtual PLANSPONSOR 2021 HSA Conference touted the benefits of health savings accounts and explained what HSA rules plan sponsors should know.
One notable feature is that account holders can deduct from their own income the amount of HSA contributions made to their account by other people—but not the employer.
Education is vital for all benefits, and especially now for health insurance coverage, says Fidelity Investments.
However, excess deferrals made by participants in 2019 must still be paid to participants by April 15.
Vanguard modifies managed payout fund; Transamerica launches stable value option for 403(b)s; Fidelity announces health savings mutual funds; and more.
Chad Wilkins, president of HSA Bank, says the new relationship will provide a useful tool for customers, uniting health and wealth planning.
The TIAA HSA will be administered by HealthEquity Inc. and will work in concert with TIAA retirement plans.
The integration will give participants the ability to view and manage their retirement and health savings accounts holistically.
Increasingly, HSAs are being viewed, accepted, and treated in the industry, as a long-term investment strategy.
American Century Investments to develop new equity and fixed income suite; HealthSavings Administrators releases HSA investment vehicle; DWS Group launches ESG ETF; and more.
The IRS announced small increases to health savings account (HSA) contribution limits for 2020 and a new definition for a high-deductible health plan.
The aim is to make the tax-advantaged savings vehicle more accessible and easier to use