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Introducing Lively’s Android Mobile App
Lively · September 10, 2019 · 2 min read
Lively’s Android Mobile App brings the power of a Lively HSA to your smartphone. This new addition to the Lively platform represents an important step in expanding accessibility to health savings tools. Lively users can now seamlessly manage their account no matter how and where they want to use their HSA.
Key Lively Android App Features
Simple Account Dashboard – View your balance, see recent transactions, manage your debit cards, and more while you’re on the go.
HSA Spend Tracking – Lively debit card transactions appear within the app as you spend.
Secure Contribution Management – Link your bank account, set a one-time contribution, or schedule a recurring contribution as your needs evolve
Reimbursements On Your Time – Take and upload photos of receipts for reimbursement and schedule them for today or save those funds for the future – you decide.
Investments At-A-Glance – View and monitor your investment portfolio without leaving the app
Android users currently account for more than 52 percent of the mobile market share in the United States, and a monstrous 97% of millennials use mobile banking regularly. Lively users spend an average of 96 percent of their annual HSA contributions on qualified medical expenses each year, making their HSA an important part of their personal finances. Lively’s Android and iOS apps offers all of the key HSA features, so a customer’s high-quality experience is maintained throughout all platforms.
You can read more the full press release here or download the Android App here. If you are new to HSAs, review our detailed and comprehensive HSA Guide to get started.
Benefits
2024 and 2025 HSA Maximum Contribution Limits
Lively · May 9, 2024 · 3 min read
On May 9, 2024 the Internal Revenue Service announced the HSA contribution limits for 2025. For 2025 HSA-eligible account holders are allowed to contribute: $4,300 for individual coverage and $8,500 for family coverage. If you are 55 years or older, you’re still eligible to contribute an extra $1,000 catch-up contribution.
Benefits
What is the Difference Between a Flexible Spending Account and a Health Savings Account?
Lauren Hargrave · February 9, 2024 · 12 min read
A Health Savings Account (HSA) and Healthcare Flexible Spending Account (FSA) provide up to 30% savings on out-of-pocket healthcare expenses. That’s good news. Except you can’t contribute to an HSA and Healthcare FSA at the same time. So what if your employer offers both benefits? How do you choose which account type is best for you? Let’s explore the advantages of each to help you decide which wins in HSA vs FSA.
Health Savings Accounts
Ways Health Savings Account Matching Benefits Employers
Lauren Hargrave · October 13, 2023 · 7 min read
Employers need employees to adopt and engage with their benefits and one way to encourage employees to adopt and contribute to (i.e. engage with) an HSA, is for employers to match employees’ contributions.
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