With the end of the year approaching, many people are wondering how to make the most of their savings accounts, particularly those that offer tax deferrals or exemptions altogether such as an HSA, 401(k), or IRA. We discuss strategies you can employ to maximize your accounts and save money for the future.
Every year, the IRS announces FSA contribution limits for the following calendar year and usually revise them upward. And it’s important to pay attention to the changes to make sure you’re maximizing this benefit.
At the end of every calendar year, most employees will experience changes in one or more of the following categories: compensation, benefits coverage, or position. These changes will all need to be communicated to employees as well as any schedule changes due to the holidays, any fun social events and changes to company policies.
Stay up to date on the latest news delivered straight to your inbox
Expect a friendly hello in your inbox.
As the pandemic continues, many workers have transitioned to working remotely, some or all of the time. This can present some challenges, especially around staying physically active and socially engaged, which can have a big impact on mental wellbeing. Learn important tips for staying mentally and physically healthy while working remotely.
The IRS released its contribution limits for retirement savings accounts, including 401(k)s and IRAs, in 2022, here’s what they are and how you can use them to maximize your retirement savings.
Lively’s second annual HSA Account Holder Insights report demonstrates that, contrary to the way much of the insurance, financial services, and benefits industries approaches HSA marketing, there is no “typical” HSA account holder. It breaks HSA account holders into seven distinct “personas” based on real data from 50,000 randomized Lively account holders. It enables readers to understand each personas’ saving, spending, and investing behaviors, as well as examining changes in behavior from 2020.
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.