by Joe Hughes | Dec 1, 2023 | Blog, Smart
On May 9, 2024, the IRS released Revenue Procedure 2024-25 to provide the inflation-adjusted limits for health savings accounts (HSAs) and high deductible health plans (HDHPs) for 2025. The IRS is required to publish these limits by June 1 of each year. These limits...
by Joe Hughes | Oct 1, 2023 | Blog, Smart
There are three basic types of medical savings accounts: health savings accounts (HSAs), health flexible spending accounts (FSAs) and health reimbursement arrangements (HRAs). Although these accounts all provide a tax-advantaged way for employees to pay out-of-pocket...
