What are the 2023 Limits for HSAs and High-Deductible Health Plans?
IRS Announces increase for Health Savings Account Contribution Limits On April 29, the IRS released the HSA contribution limits for the 2023 calendar year, along with the minimum and maximum out-of-pocket expenses for High Deductible Health Plans (HDHPs). HSAs must be paired with a qualified HDHP. Discover Our HSAs The annual inflation-adjusted limit on HSA […]
Read MoreThere is still time to make contributions to your or your employees’ 2021 Health Savings Account
The deadline to contribute to an HSA for the 2021 Income Tax Year is April 18, 2022. The due date is April 18, instead of April 15, because of the Emancipation Day holiday in the District of Columbia – even if you don’t live in the District of Columbia. Learn More About Our HSAs Employees […]
Read MoreReminder: The Difference Card is Moving to a New HSA Investment Experience for Members
On January 5, 2022, we launched The Difference Card HSA investment solution. A new HSA investment experience that makes it easier for investors of every experience level to work toward their long-term financial goals. Discover Our HSAs Key benefits of our new investment solution Deliver a unique HSA experience that supports your employees through all […]
Read MoreHow Can You Contribute to an HSA?
Many Americans are creating Health Savings Accounts (HSAs) to save money for healthcare costs. Your employer may offer a Qualified High Deductible Health Plan (QHDHP) in your benefits package. You may also have the option to utilize an HSA as a self-employed freelancer. You can use the funds from this savings account to fill in […]
Read MoreNow Available: A New HSA Investment Experience for Members
The Difference Card delivers a new and modern approach to HSA investing that allows your employees to personalize their investment journey to fit their unique needs and experience level. Discover Our HSAs Key benefits of our new investment solution Deliver a unique HSA experience that supports your employees through all stages of healthcare transactions – […]
Read MoreHow to Create an HSA Spending and Saving Strategy for 2022
With 2022 just around the corner, what better time than now than to come up with a HSA spending and saving strategy? As your HSA is an account you can pull money from, it’s important to see how it ties into your larger spending plan. Learn More About HSAs A bright spot in an otherwise […]
Read MoreCan I have an FSA and HSA? Exploring compatible tax-free account options
Whether you’re single, married, or have a growing family, healthcare may be a large chunk of your budget every year, and it can be particularly costly with a high-deductible health insurance plan. Fortunately, there are a couple of tax-friendly accounts, Health Savings Accounts (HSAs) and Flexible Spending Accounts (FSAs) that can make medical expenses more […]
Read MoreWhat Is an HSA & How Does It Work?
More Americans are starting to use Health Savings Accounts (HSAs) to assist with their healthcare costs. As HSAs gain popularity, you’ll likely want to know if an HSA is right for you, especially if your employer offers an HSA in its benefits package with a Qualified High Deductible Health Plan (QHDHP). Fortunately, understanding a Health […]
Read MoreWhat the New HSA Limits for 2022 Means For You
The IRS Announces 2022 HSA and Qualified HDHP Limits The IRS announced the 2022 limits for Health Savings Accounts (HSA) and Qualified High Deductible Health Plans (HDHP). This allows employers or plan sponsors sufficient time to prepare for Open Enrollment period for 2022. Discover Our HSAs The New HSA Rules for 2022 Health Savings Account […]
Read MoreIntroducing Health Savings Accounts from The Difference Card!
Super savings with a Difference Card HSA! The combination of an HSA + The Difference Card is a powerful healthcare tool. With a Difference Card HSA, you can stack multiple benefits onto ONE CARD. Discover Our HSAs Difference Card members can use their card to spend HSA funds, LPFSA funds and employer funded dollars- all […]
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