It’s not a well-kept secret healthcare costs have risen faster than wages for many years. To protect their bottom lines, many employers have shifted the burden of paying for healthcare to employees.

ON THIS PAGEFSAHSAWhich Is Right for Me?There are two main types of accounts available for tax-free savings to use for health ...

By educating employees on letters of medical necessity, benefit managers can help them make their money go further.

With a limited-purpose FSA, you can spend the account’s funds on fewer healthcare expenses, primarily dental and vision costs, but you can pair it with an HSA under a high-deductible health plan.

Using tax-advantaged accounts like a health savings account and a flexible spending account can help you save money on healthcare costs. While both accounts let you use pre-tax dollars to cover ...

That's why the IRS allows you to use your pre-tax dollars in your health savings account (HSA) or flexible spending account (FSA) towards health-forward items, such as a smart ring or bedding.

Now may be a good time to check the balance of your Health Savings Accounts (HSA) or Flexible Spending Arrangement (FSA) as we near the end of 2024. While HSA balances rollover, FSA accounts ...

Both HSAs and FSAs help workers defray costs for medical expenses, but there are key differences between the two.

Starting Monday, the Allegheny Health Network will no longer accept payments in cash or with a personal check. The ...

Despite health savings accounts being highly tax-advantaged, most savers do not fully utilize their unique benefits, new data ...

The sweeping tax legislation that passed the House of Representatives promised to dramatically expand the use of Health Savings Accounts (HSAs). But the Senate version of the “One Big Beautiful Bill” ...

In most cases, you cannot have both an FSA and an HSA because both accounts cover the same health expenses and are dependent on your health insurance or employer. The only way you would be able to ...