Last week, the president signed into law the Coronavirus Aid, Relief, and Economic Security (CARES) Act, providing $2 trillion dollars in economic relief to businesses and individuals. Included in this bill are two provisions that will greatly…

Stop waiting for paper check to come in the mail. Have your FSA claim reimbursement deposited directly into your bank account. Direct Deposit is a fast and easy way to expedite your reimbursement. Haven’t signed up for Direct Deposit? Log into…

We understand that as daily routines change to help slow the spread of COVID-19, you’ll need easy ways to communicate with us. Please know, we are here and available to you. Take a moment to register for the Proficient Connect

The IRS released an important notice for HSA account holders regarding testing and treatment of COVID-19. Read the Notice…

This week, Congress will be considering year-end spending packages providing funding for the government. Included in these packages are several tax provisions; one of those provisions is a full repeal of the excise tax on high-cost health plans…

On Wednesday, October 23rd the Ways and Means Committee passed H.R. 1922, H.R. 3708, and H.R. 4716 to be taken up by the full House of Representatives. These bills would greatly expand and improve consumer directed healthcare plans by: …

Last night, July 17th, the House of Representatives passed Bill& H.R. 748& with an overwhelming majority of 419 to 6. This bill would finally repeal the…

Back in 2008, the Internal Revenue Service (IRS) released IRS Notice 2008-59 which served as the primary source of guidance on HSA issues and…

On July 12, 10 of 11 bills were approved by the House Ways and Means Committee. These bills, designed to expand access to Consumer Directed Healthcare, were re-packaged into two bills (Rules Committee Prints 115-82 and 115-83). This past Monday,…

Starting at 5 pm EST (4 pm CST), the House will be voting on several bills that have the potential to expand access to HSAs. Click here to watch…