Category: Employee Benefits

Employee Benefits

HSA – Medicare Premiums

Many people ask if they can still have a Health Savings Account (HSA) after they turn 65 and enroll in Medicare
(or qualify for Medicare due to other reasons). The answer is yes; however, once someone is enrolled in
Medicare, they will no longer be able to make new contributions to their HSA.

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Employee Benefits

COBRA Disability Extension

When there is a qualifying event that results from termination of employment or a reduction in hours, COBRA
continuation coverage generally must be offered to qualified beneficiaries for a maximum duration of 18
months; however, this maximum duration of coverage can be extended by 11 months (for a total duration of
29 months) when there is a qualified disability extension.

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