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Author Archives: Lively, Health Savings Account (HSA) Provider

May 27, 2021

2021 Wellness & Wealth Report

A survey of 1,000 randomly selected adults was conducted to gauge physical and financial health decisions across the United States. Rising healthcare costs and the short-term financial impact from COVID-19 have reinforced healthcare as a top priority for employees. Even with massive fluctuations in care and access, the top benefit concerns for most Americans remain the same—cost [...]

April 1, 2021

2020 HSA Contribution Deadline Extended

In response to the ongoing coronavirus pandemic, the federal income tax filing deadline has been postponed to May 17, 2021 as outlined in Notice IR-2021-59. Discover if the postponement impacts your 2020 HSA contributions and what to do next. The federal income tax return filing deadline has been postponed from April 15, 2021, to May 17, [...]

December 16, 2020

How and When to Get Reimbursed by Your HSA

What does it mean to “reimburse” yourself with your HSA? It means paying out-of-pocket for an HSA-qualified medical expense and then using money from your HSA to pay yourself back. This can be done even if you don’t have money in the account the day the expense incurred, and at any time in the future. [...]

September 2, 2020

The Safest Way to Pay With Your HSA

Your HSA is the ticket to reducing out-of-pocket healthcare expenses, and your debit card is the safest (with liability protection) and the easiest way to make payments. Here are a few tips for using your card: Pay with your card at the provider only when your portion of the expense is clear (the pharmacy is [...]

May 6, 2020

Using Your HSA for At-Home Wellness

HSAs are often used for ancillary health needs, such as glasses and dentistry, but did you know you can use this account for day-to-day health needs as well? The U.S. health system typically treats sickness, with the responsibility of maintaining wellness resting on the individual. While your health insurance isn’t likely to pay for that [...]