Opening a Health Savings Account (HSA) could be the best healthcare and retirement planning decision you ever make.Health Savings Accounts and like nothing else in existence when it comes planning for managing healthcare costs – now and in the future.The Power of an HSA is so unique, just take a look at the HUGE key features:• Money you contribute is income TAX FREE !!• Money grows in this account TAX FREE !!• Money in your HSA used to pay for qualified health expenses … [Read More...]
Latest HSA News
ECFC Requests Congressional Leadership Include Cadillac Tax Repeal in Year-End Legislation
ECFC Requests Congressional Leadership Include Cadillac Tax Repeal in Year-End Legislation Wednesday, December 4, 2019 (0 Comments) Posted by: Staff ECFC sent this letter to the … [Read More...]
How Much Should I Contribute To My HSA?
During enrollment season, people who own a Health Savings Account (HSA), or have recently opened one, wonder, “How much should I contribute to my HSA?” HSAs are a unique tax-advantaged tool for healthcare consumers to pay for qualified healthcare expenses. Understanding how … [Read More...]
FBI Releases an Intelligence Bulletin Outlining Methods Used to Commit Fraud Against HSAs
FBI Releases an Intelligence Bulletin Outlining Methods Used to Commit Fraud Against HSAs Friday, September 27, 2019 (0 Comments) Posted by: Staff Several HSA service providers … [Read More...]
Latest Benefit News & Updates
Dependent Care Assistance Plan (DCAP): Is it Right For You?
As working parents know: childcare is expensive! Whether the kids are in daycare, before or after school care, day camps, or other care, it can put a big dent in your wallet. Costs can range from $199 – $596 per week, depending on who cares for your child. While most … [Read More...]
IRS and Treasury Release Proposed Regulations to Assist in Implementation of Individual Coverage HRA
IRS and Treasury Release Proposed Regulations to Assist in Implementation of Individual Coverage HRA Friday, September 27, 2019 (0 Comments) Posted by: Staff On June 14, 2019, The … [Read More...]
2020 FSA Contribution Limits Raised to $2,750
The IRS announced on November 6, 2019, contribution limits for Flexible Spending Accounts (FSAs) and other tax-advantaged benefits will go up next year. Learn more about 2020 FSA contribution limits below. 2020 FSA Contribution Limits According to the IRS, the 2020 … [Read More...]
Latest News From Across The Industry
Gen Z Benefit Strategies for Employers and TPAs
Creating successful engagement and benefits strategies for Gen Z. This is the last part of our series on engaging and educating the different generations about their benefits. There are four generations in the American labor force: Baby Boomers, Gen X, Millennials, and Generation Z. This blog focuses on benefits … [Read More...]
Client-Focused, Market-Driven Reorganization Announced by DataPath
LITTLE ROCK, ARKANSAS (October 22, 2019) – DataPath, Inc., a leading developer of technology solutions for employer-sponsored benefits administration, announced today the completion of a reorganization to more closely align the company’s leadership structure with its client-focused, market-driven approach to product and … [Read More...]
ECFC Submits Comments to Treasury Department on Modification of the FSA Carryover Rule
ECFC Submits Comments to Treasury Department on Modification of the FSA Carryover Rule Friday, November 1, 2019 (0 Comments) President Trump issued an Executive Order in June, which included a directive that the Treasury Department … [Read More...]
DataPath Wins Gold for Captain Contributor Video
DataPath employee engagement program earns gold award for HRA video LITTLE ROCK, ARKANSAS (November 7, 2019) – DataPath, Inc., a leading technology solutions provider in the employer-sponsored benefits industry, announced today that its employee education and engagement program, The Adventures of Captain Contributor, has … [Read More...]
Tax Reform Bill Clears House Ways and Means Committee; Senate Finance Committee Releases its Version
Tax Reform Bill Clears House Ways and Means Committee; Senate Finance Committee Releases its Version Friday, November 10, 2017 (0 Comments) Posted by: Martin Trussell Share | Yesterday, the House Ways and Means Committee … [Read More...]
Commuter Benefits – Tax Savings, Expenses, Advantages, and More
For most people, the transportation costs associated with getting to and from work aren’t in the same ballpark as healthcare costs. Yet, fuel costs, vehicle maintenance, parking fees, transit fares, and other associated expenditures can still add up to a sizeable expense for many. To ease this financial burden for America’s … [Read More...]