The Difference Card reports how the One Big Beautiful Bill Act reshapes HSA and FSA benefits, enhancing eligibility and ...
When it comes to saving for healthcare costs, few tools are as powerful as a Health Savings Account (HSA). Yet many Americans ...
A Dependent Care Flexible Spending Account (DCFSA) is an employer-owned and funded account to which an employee may contribute pre-tax funds that may be used tax-free for eligible dependent care ...
On July 4, 2025, President Trump signed the One Big Beautiful Bill Act (OBBBA) into law. This sweeping tax and spending package affects large swaths of the US economy. Though reduced significantly ...
As of January 1, 2025, Flexible Spending Accounts and Health Savings Accounts will be administered by WEX. Employees opting to transfer their health savings account funds from HealthEquity to WEX must ...
A health savings account (HSA) is a tax-exempt account that helps you save and pay for qualified healthcare expenses. To open and contribute to an HSA, you must be actively enrolled in a qualifying ...
The Internal Revenue Service (IRS) defines four criteria to be an "eligible individual" for making contributions to a Health Savings Account (HSA): The individual is covered by a qualified high ...
Both a HSA and a 401(k) are for tax-advantaged savings—the former for health expenses only, and the latter for retirement.
A Dependent Care Flexible Spending Account (DCFSA) is an employer-owned and funded account to which an employee may contribute pre-tax funds that may be used tax-free for eligible dependent care ...
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