Lively is the modern HSA experience built for—and by—those seeking stability in the ever-shifting healthcare landscape. By harnessing modern innovation and deep industry expertise, Lively is committed to bridging today’s savings with tomorrow’s unknowns. Unlike traditional institutions hindered by bureaucracy, Lively’s commitment extends beyond initial set up to providing dedicated, ongoing support and education for every step. So each HSA can reach its maximum potential with minimal headache.
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Small business owners are always looking for ways to maximize benefits while minimizing cost for both themselves and their employees. What you might not know is that your company legal structure, and ownership stake, might impact your HSA contributions.
Lively helps your HSA go further by offering access to two industry-leading investment solutions. Build toward your financial goals with innovative features, flexible portfolio design, and no cash minimum requirement to get started.
On May 20, 2020, the Internal Revenue Service announced the 2021 HSA contribution limits. For 2021, HSA-eligible account holders are allowed to contribute $3,600 for individual coverage and $7,200 for family coverage. Both coverage levels are a $50 increase for individuals and $100 for families from 2020 HSA contribution limits. If you are 55 years or older, you’re still eligible to contribute an extra $1,000 catch-up contribution.
For those of you who want the quick answer: the HSA contribution limits for 2020 are $3,550 for an individual and $7,100 for a family. If you are 55 or older your catch-up contributions are limited to an extra $1,000 a year. If you are a bit confused about what an HSA is, it stands for…
We are excited to share with you, that Lively is now the #1 rated HSA Provider on HSASearch.com (A Devenir company). We want to thank the many customers who took the time to review our HSA offering and give us such a high rating.
Want to use pre-tax dollars for healthcare expenses? If you don’t have a high deductible health insurance plan and want to set aside pre-tax dollars for healthcare expenses, a Flexible Spending Account (FSA) may be just what you’re looking for.