by dojodigital | Jun 18, 2019 | General News, health insurance, Human Resources
What’s the difference between HSA and FSA, and which one is right for you? Explained by the IRS, a health savings account (HSA) is a tax-exempt trust or custodial account used to “pay or reimburse certain medical expenses you incur; you must be an eligible...
by chris | Nov 29, 2018 | Business Tips, General News, Payroll, Taxes
Are an HSA and FSA right for you? Explained by the IRS, a health savings account is a tax-exempt trust or custodial account used to “pay or reimburse certain medical expenses you incur; you must be an eligible individual to qualify for an HSA.” Companies...
by chris | Sep 5, 2018 | Financial Management, Human Resources
We all need health insurance and we all would like to save money and reduce taxes. Health Savings Accounts can help with all of those objectives. Health Savings Accounts (HSAs) are tax advantaged personal savings accounts to be used for medical expenses created by...
by chris | Jan 8, 2018 | General News, Human Resources
A cafeteria plan is a reimbursement plan governed by IRS Section 125, allowing employees to contribute a certain amount of their gross income to a designated account or accounts before taxes are calculated. Another kind of plan is the health savings account, or...
by chris | Sep 5, 2017 | Affordable Care Act, Business Tips, General News, Payroll, Taxes
New HSA Plan Limits For 2018 For 2018, individuals can contribute up to $3,450, up from $3,400 in 2017, while family contributions are up to $6,900, up from $6,750 in 2017. The maximum out-of-pocket figures are up too: $6,650 for single coverage, up from $6,550 in...
Recent Comments