Ben is a Freelance Content Specialist who specializes in personal finance and travel. Ben’s work can be seen in publications such as NerdWallet, Experian, Wirecutter, Credit Karma, and Bank Rate. When he’s not writing, you can find him trying new foods, hiking, and spending time with his kids.
Sign up for our newsletter
Stay up to date on the latest news delivered straight to your inbox
When you get married, you often start to think of yourselves as a family. But whether or not it makes sense to buy health insurance as a family will depend largely on your individual situation. Take the time to explore all of your options before making a decision.
If you’re unsatisfied with your current HSA custodian, you can roll it over to a new provider. That process might sound complicated, taxing and just plain frustrating. But in the right scenario, it can give you the chance to access lower fees, a wider variety of investment offerings and more.
Employers that offer Flexible Spending Accounts can choose to provide an FSA rollover or grace period at the end of each plan year, but not both. If you’re nearing the end of the year and have some money remaining in your FSA, it’s important to understand what will happen to it if you don’t use it all.
On April 29, 2022 the Internal Revenue Service announced the HSA contribution limits for 2023. For 2023 HSA-eligible account holders are allowed to contribute: $3,850 for individual coverage and $7,750 for family coverage. If you are 55 years or older, you’re still eligible to contribute an extra $1,000 catch-up contribution.
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.