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Introducing Lively’s Android Mobile App

Lively · September 10, 2019 · 2 min read

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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.

Download Android App

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.

Lively

Lively

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.

piggy bank on pink background

Benefits

2023 and 2024 HSA Maximum Contribution Limits

Lively · May 16, 2023 · 3 min read

On May 16, 2023 the Internal Revenue Service announced the HSA contribution limits for 2024. For 2024 HSA-eligible account holders are allowed to contribute: $4,150 for individual coverage and $8,300 for family coverage. If you are 55 years or older, you’re still eligible to contribute an extra $1,000 catch-up contribution.

comparing hsa versus fsa

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.

Benefits of HSA employer matching

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.

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.

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