Greg Puig News Today

The answer is that it can be both, but may depend on their employee pool, according to panelists at a PLANSPONSOR HSA Conference.

A diverse group of plan sponsors spoke about their decision-making process to choose a health saving account provider.

There are several capabilities and features employers should consider when selecting a health savings account provider.  

An Alegeus open enrollment study finds employees don’t understand how HSAs fit into a long-term retirement savings strategy and only 17% invest HSA funds for growth.

Understanding how health savings accounts work is key to being able to communicate about them to employees and avoid misconceptions.

The Role of HSAs in Financial Wellness and Retirement Plan sponsors can promote the HSA benefit as a part of employees’ financial wellness and liken its importance to other financial planning tools. Reported by Health savings accounts (HSAs) have long been utilized to pay for current medical expenses, but more employers and workers are now investing their account balances to establish better retirement security. Experts at the 2021 PLANSPONSOR HSA Conference discussed the confluence of financ...