Annual Benefit Plan Limits

Annual Benefit Plan Limits Each year, the Internal Revenue Service (IRS) sets limits associated with benefit plans and announces any adjustments based on the previous year. Use the information below for reference when determining your health plan selections and...

Understand “Out-Of-Pocket” Costs

Understand Out-Of-Pocket Costs A little knowledge can go a long way toward helping you choose a plan wisely   Your health insurance plan will include certain expenses that you’ll need to pay for “out-of-pocket” – that is, with your own money. These...

Figuring Out Your HSA Election Amount

Figuring Out Your HSA Election Amount Tips and tricks to guide how much money you should put in your account   The basic premise The health savings account (HSA) was created to help people save and pay for healthcare in a tax-protected manner. Simply stated,...

Differences Between Health Insurance Plan Types

Differences Between Health Insurance Plan Types Understand your health insurance plan options and determine the best type for you   When it comes to health insurance plans, there are different types designed to meet different needs. The specific options available...

Health Savings Accounts (HSA) vs. 401k

Health Savings Accounts (HSA) vs. 401k Most people don’t think about an HSA as a savings account. Instead, they think of it as an account used to set aside money, tax-free, to pay for healthcare expenses. But the reality is an HSA is much more than a bank account,...