Individual coverage health reimbursement arrangements (ICHRAs) are still fairly new to the marketplace. And, with this new offering comes new terms, such as ICHRA attestation. Understanding what ICHRA attestation is and why it matters will go a long way in...

Paying for healthcare, and paying for retirement are the two issues that are top of mind for your employees. Despite the emphasis on financial wellness, nearly half of all employees say financial stress has caused them to either miss work...

The IRS requires your flexible spending account (FSA) participants to submit documentation to show their purchase was an eligible expense. It’s important to have an FSA administrator that offers innovative solutions that simplify the substantiation process. See why IRS substantiation...

To contribute to a health savings account (HSA), participants must be enrolled in an HSA-eligible health plan. One of the requirements for an HSA-eligible health plan is that the health plan meets the IRS’ deductible limit. The phrase “high-deductible health...

The price of treating COVID can reach five figures for many American families. And while the burden of cost is often at least partially shouldered by health insurance companies, large employers, and state and federal governments that waived the costs...

On Thursday, March 11, President Biden signed the American Rescue Plan Act of 2021, a $1.9 trillion COVID relief and stimulus bill. The new law includes two important employee benefit provisions. Keep reading to learn more about them, or watch...

For the second straight year, HSA investment assets increased by more than 50 percent year-over-year. And with almost 6 percent of HSAs now investing at least a portion of their funds, that could be a sign that more individuals are...

“What we really have is a mixed message. I think what it says is Americans weren’t ready for profound change.” That’s what Chris Byrd, our executive vice president for the health division of WEX, said regarding the results of November’s...

Your mission: To build a nest egg of $175,000 for healthcare costs in retirement. How are you going to get there? Great question. It’s a big goal! But it’s achievable. We wanted to show you how you can get to...

Save money today. Build savings tomorrow. Invest funds. There’s so much that participants can do with their health savings account (HSA). Devenir’s annual year-end HSA report provides an opportunity for a closer look at HSA participant behavior in the past...