Each year, the IRS updates contribution limits for health accounts to keep pace with inflation and 2027 is no exception. Here’s a simple breakdown of the 2027 updates and what they mean for Health Savings Account (HSA) and HRA participants and employers. You can read IRS Rev. Proc. 2026-24 here.
An important part of consumer-directed healthcare (CDH), HSAs offer participants enrolled in HSA-qualified (HDHP) health plans a way to save on taxes while setting aside money for out-of-pocket healthcare expenses for themselves and their families. Recently, the Internal Revenue Service (IRS) announced updated annual HSA contribution limits for 2027. The 2027
May is Mental Health Awareness Month! This is a good reminder that caring for your mind matters just as much as caring for your body. If you have a Flexible Spending Account (FSA) or Health Savings Account (HSA), you already have a powerful, often underutilized tool to help you do
A Health Savings Account (HSA) is a great tool for those with a High-Deductible Health Plan (HDHP). But even people who own an HSA may not realize just how beneficial it can be during tax season. Whether you’re using an HSA for the first time or want to optimize your
Managing healthcare expenses isn’t fun for most of us. Between doctor visits, prescription pickups, and stacks of receipts you’re not sure what to do with, keeping track of your FSA or HSA can feel like a part-time job. But what if there was a way to handle all of it
Every January feels new and fresh and motivating, doesn’t it? And then those credit card statements from the holidays arrive, and … ouch. If that’s how you’re feeling, you’re not alone. Nearly 7 in 10 American workers are stressed about their finances, and it affects their focus, productivity, and mental
Seven in ten full-time workers will switch jobs for better benefits. This startling fact emerges from a recent Economist Impact study, sponsored by Nuveen, which surveyed 1,500 full-time workers at medium- to large-sized U.S. companies. The study exposes critical gaps between what employers offer and what employees need. HR leaders
As we approach the end of the year, it’s time to think about more than just holiday shopping and resolutions. Your employee benefits are important, too! Spending a little time now to review your retirement and healthcare spending accounts can help you save a lot of money. Consider this a
The 2026 annual contribution limits have been set for healthcare and dependent care flexible spending accounts (FSAs), health savings accounts (HSAs), adoption assistance, qualified transportation fringe benefit accounts (commuter/transit), qualified small employer health reimbursement arrangements (QSEHRAs), and excepted benefit health reimbursement arrangements (EBHRAs). Limits for the various types of benefit
Open enrollment is your annual opportunity to choose your benefits that protect your health and finances. Smart decisions now can save you money and ensure you get better care when you need it most. Here are seven tips for making open enrollment season as low-stress and successful as possible. #1:
