Blog

IRS Guidance on Health Savings Accounts

By MooreBenefits | Dec 22, 2008

For all the companies out there trying to determine the exact rules of how much an employer may contribute toward Health Savings Accounts, and how to avoid violating non-discrimination rules, the IRS released this advice today: http://www.treas.gov/press/releases/hp1056.htm Employer matching contributions to the HSA through a cafeteria plan are not subject to the comparability rules, but…

Read More

Moore Benefits Inc. on CNBC Live

By MooreBenefits | Dec 11, 2008

Companies are looking for creative ways to cut costs in light of skyrocketing health care expenses. American Business Bank is one of my clients who offers a high-deductible health plan, with a Health Savings Account, alongside traditional plans. Since most employees selected that plan, the bank actually reduced their expenses this year, whereas most companies…

Read More