HSA / FSA / Roth 401(k) Planning
Simple, Easy-to-Use Conflict-Free 401(k) Advice
Learn How These New Benefits Can Help You
We are now offering a customized conversation to help Amway employees understand the new HSA (Health Savings Account) and Roth 401(k) benefits and how they can impact your personal financial plan.
HSA & FSA- Flexibility for Medical Needs
An HSA (Health Savings Account) is largely a financial decision. If coverage is the same as traditional all-premium insurance, it becomes a question of whether the financial benefits of an HSA make sense for you and your family. Our consultations and tools will help you determine that as well as help you make a plan to maximize your health care dollars. The HSA and Limited FSA provide you flexibility to meet your short and mid-term medical needs.
Roth 401(k) – Tax Free Retirement Income
The new Roth 401(k) creates a question for every Amway employee: Does it make sense for me? Our consultation and online tools will help to simplify the process of determining an appropriate ‘savings mix’ of pre-tax (traditional 401(k)) and post-tax (Roth 401(k)) savings.
Steps to Get Started on Your Plan
Now that there are some decisions that need to be made, here are the steps we recommend to help you determine your personal plan of action.
- Attend a group education session.
- Determine your family’s medical expenses (PlanAdvisor link).
- Schedule a 1-on-1 consultation with BeManaged (spouses are welcome).
- Take action and move forward with a plan specific to your individual/family situation.
Start taking steps to put your plan in place.
Schedule Consultation
Let’s Talk
The consultation will entail your income and tax rate, and then helping you understand how much you could allocate to each account. We have created a calculator to help you understand how you are being taxed in order to help you decide the appropriate mix of savings to each account.