In an increasingly competitive job market, employers looking to attract and retain talent should consider this additional arrow in their quiver: Open up 401(k) match calculations to include a health savings account contribution and educate employees to the various benefits of doing so.
William Mon, senior principal health and benefits consultant at Mercer, shares how important it is for employers to educate their employees about HSAs and provide them with the benefits of a 401(k)/HSA match for their short-term and long-term financial planning.
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