We were recently featured in an article on Employee Benefits News discussing what to know about Health Savings Accounts. Health Savings Accounts (HSAs) can be a critical benefit that supports employees’ physical and financial well-being — and more employers are focused on not letting these tools fall through the cracks during Open Enrollment.
These accounts provide employees with a triple-tax advantage: they can make contributions on a pre-tax basis, the savings will grow free of taxes over time, and tax-free withdrawals can cover qualified medical expenses.