Posts Tagged ‘HSA’

IRS Announces 2020 Health Savings Account Limits

The Internal Revenue Service (IRS) announced the annual limits for Health Savings Accounts (HSAs) for 2020. HSAs are pre-tax accounts available to individuals covered under a high-deductible health plan. Eligible individuals can accumulate money, tax-free, in HSAs to pay for qualified medical expenses. The HSA limits, which are indexed for inflation every year, will increase […]

31 May 19 - Benefits - Erika Pickles - No CommentsRead More »

IRS Announces 2015 Health Savings Account Limits

Health Savings Accounts (HSAs) are pre-tax accounts available to individuals covered under a high-deductible health plan. Eligible individuals can accumulate money, tax-free, in HSAs to pay for qualified medical expenses in the face of rising health insurance costs. To participate in an HSA, the policyholder must, among other requirements, be enrolled in an HSA-qualified high-deductible […]

2 Jun 14 - Benefits - Brad Sterling - No CommentsRead More »