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IRS Announces Adjustments to 2020 Maximums that Impact FSA, QSEHRA, and Commuter Benefits

November 8, 2019 by

IRS Announces Adjustments to 2020 Maximums

This week, the IRS released contribution limits for 2020 as part of Revenue Procedure 2019-44. These include QSEHRA limits, Medical FSA contribution limits, and Commuter Benefits contribution limits. For 2020, the total amount of payments and reimbursements for QSEHRAs is...

New IRS Guidance Expands List of HSA-Eligible Medicines and Services for Preventative Care of Chronic Diseases

July 18, 2019 by

New IRS Guidance Expands List of HSA-Eligible Medicines

Some good news out of D.C. this week: Yesterday, the Treasury Department and the IRS continued their efforts to increase the use and flexibility of HSAs and high-deductible health plans (HDHPs), issuing a notice that expands the list of HSA-eligible medicines...

New Ruling on HRAs

June 17, 2019 by

2019 HRA Ruling WEX Health

Last week, the U.S. departments of Health and Human Services, Labor and the Treasury issued a final ruling allowing employers of all sizes that do not offer a group coverage plan to fund a new kind of health reimbursement arrangement, HRA, known...

There’s a New Way to Test Americans’ Financial Health and It’s the Most Comprehensive Yet

November 26, 2018 by

Our friends at the Center for Financial Services Innovation (CFSI) have been contributing incredible work to the cause of both understanding and improving the financial health of Americans. Now, in new groundbreaking research on the financial lives of Americans, they...

Everything You Need to Know About Last Week’s Congressional Hearings on HSAs

June 14, 2018 by

congress HSA

Last week, two separate congressional committees convened to explore how consumer-directed healthcare plans (CDHPs) and high-deductible health plans (HDHPs), when paired with health savings accounts (HSAs), can make healthcare more affordable and accessible for Americans. American consumers have established more...

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