| News from Washington |
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| HSA Modernization Act of 2025 Would Expand Eligibility and Opportunities Rep. Beth Van Duyne (R-TX) recently introduced the HSA Modernization Act which would expand HSAs through a handful of measures that permit more Americans to open and fund accounts and provide more flexibility in plan design. Here’s an analysis of the major provisions of the bill. Read More |
| Compliance Corner |
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| “Mr. HSA” Projects HSA Amounts for 2026 With the January 15 release of the December inflation figures by the Bureau of Labor Statistics, the inflation-adjusted amounts for HSAs for 2026 are coming into view. With only three months of data remaining to be collected, I am projecting that the HSA amounts will see modest increases for 2026 since inflation has moderated. Read More |
| The HSA Eligibility Requirements: Part I HSA eligibility has one central focus: The ability to make or receive HSA contributions. Only individuals who are HSA-eligible can open and make contributions to an HSA. Individuals who are not HSA-eligible cannot make or receive HSA contributions. So what does it mean to be “HSA-eligible?” Read More |
| Preventive Services vs. Preventive Care, What’s the Difference? A point that’s often overlooked in the benefits compliance world is that “preventive services” for purposes of the ACA means something different than “preventive care” for purposes of HSA-qualified plans. Let’s take a closer look at the differences between these two terms that have distinct legislative backgrounds and contextual implications. Read More |
| HSA Studies & Analysis |
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| HSA Deposit Rate Update – December 2024 New data from HSA Search indicates that HSA deposit rates have begun to retreat from their recent highs. For instance, on September 30, 2024, $50,000 balances averaged 0.63%, down to 0.61% by December. This decrease may represent a pause in HSA interest rate increases or the beginning of longer term HSA interest rate decline. Read More |
| Market Trends |
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| The Retirement Race: Women Have Less Saved Than Men According to research by real estate platform Clever, 43% of retirees don’t have enough savings for a comfortable retirement, and 27% have already blown through their savings already. For women, that figure jumps to nearly half, while 38% of men are finding their retirement accounts already depleted. Read More |
| HSAs & Retirement |
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| How HSAs Pay Off in Retirement — with Caveats HSAs could play a crucial and tax-advantaged role for clients’ medical costs in retirement, but holding them until age 65 and beyond poses some complexities as well. For example, financial advisors and their clients need to keep Medicare rules in mind and avoid a possible tax hit to non-spouse heirs in their estate plans. Read More |
| Traditional vs. Roth 401(k) and How Best to Leverage an HSA Two common lines of questioning involve whether employee populations would be best served by a traditional vs. Roth 401(k) and how to leverage savings with the help of an HSA. The closer someone is to retirement age, the more beneficial an HSA can be because they are building a medical emergency fund in a tax-advantaged account. Read More |