by admin | Jun 9, 2020 | Health Savings Accounts
The Internal Revenue Service announced new, higher contribution limits for health savings accounts for 2021 today. You’ll be allowed to contribute $3,600 for individual coverage for 2021, up from $3,550 for 2020, or $7,200 for family coverage, up from $7,100 for 2020.... 
by admin | Jul 23, 2019 | Health Savings Accounts, Obamacare
The Treasury Department and IRS added treatments for a range of chronic conditions to the list of preventive-care benefits for which a high-deductible health plan (HDHP) can pay—even if a plan enrollee’s health care spending hasn’t surpassed the plan... by admin | Mar 16, 2019 | Flexible Spending Accounts, Health Savings Accounts, Uncategorized
A screenshot of Amazon’s FSA/HSA storefront KEY POINTS Amazon will now accept consumers’ health savings and flexible savings accounts. That allows people to contribute a portion of their salary or wages, before taxes, to cover medical expenses that would... by admin | Dec 5, 2018 | Health Savings Accounts
The IRS has announced 2019 HSA contribution limits as part of the release of Revenue Procedure 2018-30. The limits are: HSA 2018 2019 Self-only HSA contribution limit $3,450 $3,500 Family HSA contribution limit $6,900 $7,000 In 2019,... by admin | Feb 17, 2018 | Health Savings Accounts, Healthcare Reform
A provision tucked in President Donald Trump’s proposed budget would give people on Medicare a way to save for health care costs on a tax-advantaged basis. In the proposal, the White House calls for a new option that would permit Medicare beneficiaries to make... by admin | May 8, 2017 | Health Savings Accounts
The Internal Revenue Service (IRS) has released the 2018 annual contribution, deductible, and out-of-pocket maximum limits for Health Savings Accounts (HSA) and HSA-qualified health plans. The 2018 amounts for HSA-qualified plans are: 2018 Minimum Deductibles...