Month: April 2020

A Health FSA May Enhance Your HSA Strategy

April 30th, 2020

“You’d have to withdraw $24,000 from a taxable account or pay about two-thirds of the average Social Security payment during those 14 months that your Health Savings Account continues to fund all your medical expenses tax-free. When you’re in your 70s or 80s and living on a fixed income in a volatile financial market, an.. Read more

Account Owners Have More Options during Pandemic

April 16th, 2020

“A Health Savings Account balance won’t help you pay your mortgage or grocery bill during an economic emergency. At least not directly and without penalty. But you can use your accumulated balances to pay for qualified expenses, thus preserving scarce personal funds to purchase other items.” William G. (Bill) Stuart Director of Strategy and Compliance.. Read more

An Update on ICHRAs

April 2nd, 2020

“Large employers (51 or more employees) who want to transition employees from group to nongroup coverage are discouraged to find that the nongroup plan designs are far less attractive than what they can purchase as a large group.” William G. (Bill) Stuart Director of Strategy and Compliance April 2, 2020 Last summer, the Trump Administration.. Read more

Blog

Follow our biweekly HSA GPS blog so we can work in collaboration on HSA administration.

Corporate Headquarters
967 Elm Street
Manchester, NH 03101
Directions to this office

Mailing Address
Benefit Strategies
P.O. Box 1300
Manchester, NH 03105-1300

Toll Free: 1-888-401-FLEX (3539)
Phone: 603-647-4666
Fax: 603-647-4668
Email: info@benstrat.com

Hours of Operation:
8am to 6pm Monday - Thursday
8am to 5pm Friday