Category: HDHP

2021 Key Adjustments | ACA | HSA | Inflation Adjustments

Written November 13, 2020 by Barbara Dillon

Categories: 2020 taxes, federal income tax, HDHP, Health Savings Accounts, Income tax, Medical expenses, Tax, Tax Credits, Tax planning, Taxes

After a year of turmoil and surprises, what will 2021 bring? One certainty is that the federal government is changing a variety of numbers affecting the finances of businesses and individuals.

2021 Inflation-Adjusted HSA Increase

Written May 27, 2020 by Barbara Dillon

Categories: HDHP, Health Savings Accounts, HSAs, IRS, Medical expenses

The IRS announced an inflation-adjusted increase to Health Savings Accounts (HSAs) for calendar year 2021. HSAs are savings accounts that employees can use with a high-deductible health plan to cover higher deductibles and copays.