Lively recently hit a huge milestone: We now have over $1 billion in HSA assets on our platform. A huge number, yes, but one that is meaningful to us, and our account holders, for a few different reasons.
Once you’ve determined your health savings goals, it’s helpful to use a health savings calculator so you see what those contributions look like. Here’s how to use Lively’s contribution calculators to ensure you meet your health savings and tax savings goals. Lively offers several different calculators because there are multiple ways to strategize your health savings.
To help employees with the cost of medical treatment and care overall, consider helping them pay for medical travel. There are multiple ways to do this and in this post we’ll give you the basics of each and how Lively can help.
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Tax season can be a time during the year when employees’ financial stress gets more acute, but recent studies have shown it affects them and their work year-round. Here's how employers can support their employees during tax season and beyond.
When looking to reduce healthcare costs, it would be natural to look almost exclusively at the price tag of your different health insurance plan options. But that could be a mistake. Here’s how to effectively evaluate your benefits package to make sure you’re adding value to your employees’ lives and therefore getting “more bang for your buck” from your benefits package.
Standard HRAs are a tax-free way employers can reimburse employees for qualified out-of-pocket medical expenses. The accounts are employer-owned and employer-funded, meaning the employer can choose how much they will contribute to the accounts, the cadence of contributions, and the expenses for which they’ll reimburse.
Disclaimer: the content presented in this article are for informational purposes only, and is not, and must not be considered tax, investment, legal, accounting or financial planning advice, nor a recommendation as to a specific course of action. Investors should consult all available information, including fund prospectuses, and consult with appropriate tax, investment, accounting, legal, and accounting professionals, as appropriate, before making any investment or utilizing any financial planning strategy.