Tag: Participant News
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What Teachers Want: New Research Offers Valuable Insights for School District Leaders
When school districts evaluate their retirement plan offerings, conversations often center on compliance, administration, fees, and provider relationships. While those factors are important, there’s one perspective that deserves special attention: the educators themselves. What do teachers actually want when it comes to retirement planning? A new nationwide survey commissioned by the National Tax-Deferred Savings Association…
What Happens to Your Unused FSA Dollars?
Flexible spending accounts (FSAs) are great for expenses like prescription drugs, eyeglasses, and doctor’s appointments. However, when individuals do not use all their funds, they typically lose their remaining account balances. So where does all of that unused money ultimately go? More often than not, it goes straight to the employer to pay for very…
Benefits of Having an HSA: The Triple Tax Advantage
Tax Benefits of Health Savings Accounts (HSA) Did you know that tax advantages are considered the most significant benefit of an HSA account? While 401(k)s, 403(b)s, and individual retirement accounts (IRAs) provide some tax advantages, like tax savings at either the time of the contribution or at withdrawal, they do not offer both. HSAs, however,…
Is a Consumer Driven Health Plan (CDHP) Right For Me?
Even with great health insurance coverage, the out-of-pocket costs of care really add up! Co-pays, deductibles, prescriptions…. even dental and vision care expenses can take a big chunk out of a family’s budget. Consumer driven health plans allow participants to set aside pre-tax income to cover these expenses – which adds up to big savings…
