A Health Savings Account (HSA) is an account that you can put money into to save for future medical expenses. To be eligible for a HSA, an employee must be covered by a qualified high-deductlbe health plan. Then any money contributed by an employee to their HSA can be deducted from their gross income, thereby reducing taxes. Employees can spend the money, without being taxed, from their HSA, as long as the money is spent on qualified health expenses. Please select this link for a details: Health Savings Accounts
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- Why Should NJ Employers Offer Employee Benefits?
- When Should A NJ Startup Business Offer Benefits?
- What Are The Basics Of NJ Employee Benefits?
- How Should Employees Be Involved In Benefits Plan Selections?
- How Are Employee Benefits Paid For?
- How Can Employee Benefit Plans Be Used Most Effectively?
- What Types Of Rules Must Be Followed?
- What Is The Process At Policy Renewal/Plan Anniversary?
- How Can A NJ Benefits Specialist Help?