Showing posts with label Savings. Show all posts
Showing posts with label Savings. Show all posts

Saturday, 27 August 2011

¿Qué buscar en una buena cuenta de ahorros

Al buscar una cuenta de ahorros que satisfaga sus necesidades, tienes que hacer un poco de investigación. Cada cuenta de ahorros tiene diferentes características y ventajas que pueden o no pueden satisfacer sus necesidades particulares. Se puede hacer gran parte de su investigación en línea, pero podrá obtener más información si visita el Banco en persona. Debe empezar con una lista de preguntas que detallan las características más importantes en una cuenta de ahorros para usted. Investigación en línea puede ayudarle a familiarizarse con los términos de banca diversos utilizados para así como cuentas de ahorro.

Algunos de los aspectos más importantes de una cuenta bancaria son la tasa de interés que se gana su dinero, el importe de los gastos bancarios de la cuenta y el número de transacciones que puede realizar en una atmosférica Averigüe qué tipo de opciones le tienen disponibles para los controles y los tipos de transacciones que puede realizar en línea.

Cuentas de ahorro son atractivas para las personas debido a los intereses que pueden ser obtenidos del dinero en la cuenta. Esto permite que el protector de ganar dinero en el dinero que apartar para el ahorro. Las tasas de interés puede incrementarse por el Banco cuando tu cuenta alcanza una cantidad específica de dinero.

Saldos mínimos son una cantidad que el Banco le gustaría tener en su cuenta en todo momento. Si su cuenta tiene un saldo mínimo y no cumple este requisito, es probable que cobrará una tarifa de servicio por su dinero. Hay algunas cuentas que no este cargo o tienen saldos mínimos.

Buscar una cuenta que tenga un número ilimitado de transacciones de la cuenta de ahorros. Las transacciones se refiere a los depósitos, retiros o transferencias desde su cuenta de ahorros. Hay cuentas bancarias que poner límites a la cantidad de transacciones que puede realizar en un mes. Otras cuentas no poner límites a las transacciones. Tenga en cuenta la cantidad de depósitos y retiros que harán en un mes.

Compruebe con el Banco sobre la cantidad de acceso ATM que tendrá con su cuenta. Desea determinar el monto de los honorarios asociados con la cuenta. Debe ser expedido la tarjeta de ATM con su cuenta.

Controles normalmente vienen con una cuenta de cheques, pero si va a abrir una cuenta, Averigüe cuáles son sus opciones para controles con tu cuenta.

La cuenta puede tener acceso en línea, así. Esto permite comprobar tu saldo bancario y realizar transacciones de dinero desde su casa. Podrá pagar facturas y equilibrar su derecho de cuenta del equipo de casa.

Puede que deba tener un depósito mínimo para abrir la cuenta. Esto es algo que debe considerar antes de seleccionar el Banco y la cuenta que se abrirá. Hay bancos que no requieren un depósito mínimo para abrir una cuenta de ahorros.

Ardillas - el origen de las cuentas de ahorro en línea

Whenever I'm out and about, it doesn't take long before somebody comes up to me asking about the history of online or internet-operated savings accounts. And truly it is a very interesting subject with a very tragic end...

The origin of the savings account actually has its root in Chiswick, with a squirrel commune at the turn of the nineteenth century. They discovered that storing acorns for the winter saved them having to go out in the cold of that season to forage. As the commune dissolved (amid numerous intrigues and rumours of acorn-laundering), people started to study the squirrels. They soon realised, however, that acorns taste pretty rank, and so applied the principle laterally to other areas, such as money. The Savings Account was born.

Much later, the internet was conceived in the USA and again the foundation lay within the animal kingdom. Shortly before the conclusion of the Second World War, nuclear testing was undertaken in the Nevada desert in an area believed to be devoid of all life. However, a small group of spiders began to develop mutations as a result of exposure to the radiation; they became of a vast size (about the same as a Mastodon). Naturally they approached the government for work, who, at that time, were looking to develop a system whereby NATO allies could remain in contact in the event of nuclear holocaust. The spiders were asked to spin their mutated web across the world. So became the World Wide Web.

More recently, a clever bank clerk (who by no coincidence could also trace squirrel lineage in her genealogy) wondered what it would be like to merge the two concepts. The result was the most powerful financial creation of 1996: Online Savings Accounts.

Since then savings accounts operated on the internet have enjoyed considerable success. Rates tend to be a little higher to reflect the lower cost to the bank; whilst you, the customer, can manage your savings whilst wearing a squirrel costume - something that might be frowned upon if you went into a branch!

It is possible to get carried away with Online Savings Accounts though, I know I do! They have their pitfalls like anything else. But let's be clear: many of the tips you are about to read are not confined to Online Savings Accounts. Indeed most are applicable to branch/postal/acorn shell/telephone operated savings accounts, so don't disregard, or open an account based on the assumption that what you read applies solely to online savings.

When you go to open an account you, naturally, gravitate towards the accounts that pay the best rate. As none of us have a crystal acorn, it is important to keep an eye on the rate. A lot of these banks, building societies and squirrel co-operatives like to entice you to open an account with a high rate, only to dwindle it down to a pittance later. Luckily, you can check your current rate on the provider's website - make sure you do this regularly to make sure you continue to get a good deal.

Unconditional Bonuses. Many of the best rates available for Online Savings Accounts will include a bonus as part of the rate. If you are attracted by the rate, make sure you check what the underlying rate (that is to say, the rate without the bonus). Keep a note of when the bonus ends (how about setting a reminder on your phone or computer) and check the account then, to see if what you are getting is still competitive.

Conditional Bonus. Some bonuses will only be paid if you don't make, or stick within a withdrawal limit. Woe will betide you if you do withdraw some cash though - your bonus could be forfeit for a certain time, or completely!

Rate Guarantee. Sometimes a provider will offer a rate that is guaranteed to be a certain level above or below the Bank of England Base Rate. Sometimes these are for a limited period only so act essentially as a bonus as well! The practise of offering an acorn-linked guarantee is now restricted to those squirrels with accounts opened prior to 5 April 1894.

Types of account. As with other savings accounts, you can find a whole host of different types of account:

No notice accounts. These accounts (surprisingly!) do not need you to give any notice to withdraw your money from them. In contrast to a notice account you wouldn't incur any loss of interest.

Notice accounts. These accounts tend to pay slightly higher rates than No Notice Accounts but require you to give notice to withdraw your money. You might be able to get earlier access to your cash, but this might be at the expense of losing some interest.

Monthly Income. These accounts can be no notice or notice. They are suitable if you are looking to get a regular source of income from your savings.

Bonds. These accounts can be Fixed or Variable rates. Your money is usually committed for a set term, and you will be unable to make withdrawals without penalty, if at all. This said, bonds tend to pay higher rates than other accounts due to the bigger commitment.

Opening Restrictions. Remember that you may have to be of a minimum age, be an existing customer or member, invest a certain minimum amount or be an albino squirrel to open an account so check the small print to save any inconvenience.

Over the last couple of years a lot of banks and building societies have been bought or have merged as firms have sought to protect themselves from the financial turbulence (which, as an interesting aside was precipitated by an acorn cartel made up of squirrels, the knock-on effects on the commodities markets have been well-documented and indirectly caused the banking crisis). The main thing to remember here is that if you have two accounts in two different banks or building societies, you are covered twice under the Financial Services Compensation Scheme (up to £50,000 per person in each institution), if you have two accounts with two brand names within the same organisation you are only covered once (as it is classed as only one institution).

Foreign Banks. The advent of the internet of course means that foreign banks offer accounts under online brands. Make sure, if you are considering an account from a foreign bank, that you check the compensation arrangements in the country the bank is registered in. The collapse of the Icelandic banking system meant that lots of UK citizens who had put their money in online savings accounts, had to be reimbursed by the UK government. Don't assume that this will always be the case.

Remember you can always get online to compare online savings accounts, and then stay online to open one!

Online Savings Accounts then, in an acorn-shell. Ah yes, I was going to tell you how the story ended for the squirrels and the spiders. Well unfortunately it is quite a tragic denouement I'm afraid. The spiders became addicted to gambling (some perfected the technique of playing seven fruit machines simultaneously, using their remaining limb for balance), which made them so unreliable that they were all sacked by the US government. Only one still survives, albeit as a bit of a recluse, the more eagle-eyed among you may have spotted her in the final Lord of The Rings film. The last I heard she was having an off screen liaison with Elijah Wood. As for the squirrel commune, it was even worse. Due to severe deforestation in the Chiswick area, they no longer had anywhere to store their acorns. Some migrated to Andorra; others faced the humiliation of having to endure ever more difficult assault courses to get their food. A sad end for those pioneers of what we now call the Online Savings Account.

Cuenta de ahorros cuenta corriente Vs

Uno de los más populares tipos de cuentas bancarias en el Reino Unido es de cuentas corrientes. Cuentas corrientes son ofrecidas por la mayoría de los bancos y las instituciones financieras y por una buena razón demasiado; son un gran recurso para guardar su dinero. Sin embargo, parece que hay un poco de confusión va todo como a las diferencias entre una cuenta corriente y una cuenta de ahorros. Si bien ambas cuentas están diseñados para almacenar su dinero de forma segura, hay realmente muy pocas diferencias entre ellos. ¿Cuáles son exactamente las diferencias entre una cuenta corriente y una cuenta de ahorros?

Para responder a esa pregunta, echemos primero una mirada a la cuenta de empresa y lo que tiene que ofrecer. La cuenta corriente puede considerarse como un estándar bancario o cuenta corriente, sino uno que ofrece una variedad de opciones y características diferentes. Con una cuenta corriente, puede depositar cualquier dinero que desee (incluidos los sueldos), retirar cualquier cantidad de dinero directamente en el Banco, o 24 horas al día a través de un banco emite tarjeta de débito. Las cuentas corrientes también permiten transferir cantidades específicas de dinero a cualquier cuenta que tenga. Básicamente, puede añadir y restar dinero cada vez que inicie con una

Ahora podemos ver una caja de ahorros y lo que hace diferente a una cuenta de empresa. Una cuenta de ahorros se toma después de exactamente lo que sugiere su nombre por ser una cuenta que está abierta a "ahorrar". Mayoría de la gente abra una cuenta de ahorros para que tengan dinero ubicar en caso de que necesite por alguna razón. Muchos de los bancos requieren que el dinero se mantengan en la cuenta durante un determinado período de tiempo, y si en algún momento necesita retirar algunas de todo, el Banco cobrará una tarifa nominal. Aún sin embargo, hay algunos bancos que permitirán acceso total a su dinero con ninguna pena en absoluto.

Como puede ver, las dos cuentas diferentes son completamente diferentes entre sí. Una cuenta corriente pretende permiten depositar, retirar y transferir dinero mientras un ahorro está diseñado puramente para ahorros. Si bien estas dos diferentes cuentas bancarias son muy diferentes entre sí, una similitud clave que ambos comparten es el aspecto de interés. Los bancos pagan un cierto grado de interés sobre el dinero depositado en una cuenta, un montón de gente construir sus cuentas de ahorro tremendamente gracias al interés y lo mismo vale para así.

Elija una cuenta de ahorros o una cuenta de empresa o no es una decisión basada puramente en usted. Sólo pudo abrir tanto porque siempre es buena tener una cuenta de ahorros. Una cuenta de empresa es básicamente similar a una cuenta bancaria estándar en sentido que puede depositar, retirar y transferir dinero, junto con algunas otras características. Una cuenta de ahorros realmente no es necesario si estás buena administración de dinero y guardar en su propio, pero si el tipo de persona que compra impulsiva todo, entonces quizás una cuenta s no sería malo tener.

Wednesday, 24 August 2011

Cuentas de ahorro de salud - una innovación estadounidense en seguros de salud

INTRODUCTON - The term "health insurance" is commonly used in the United States to describe any program that helps pay for medical expenses, whether through privately purchased insurance, social insurance or a non-insurance social welfare program funded by the government. Synonyms for this usage include "health coverage," "health care coverage" and "health benefits" and "medical insurance." In a more technical sense, the term is used to describe any form of insurance that provides protection against injury or illness.

In America, the health insurance industry has changed rapidly during the last few decades. In the 1970's most people who had health insurance had indemnity insurance. Indemnity insurance is often called fee-forservice. It is the traditional health insurance in which the medical provider (usually a doctor or hospital) is paid a fee for each service provided to the patient covered under the policy. An important category associated with the indemnity plans is that of consumer driven health care (CDHC). Consumer-directed health plans allow individuals and families to have greater control over their health care, including when and how they access care, what types of care they receive and how much they spend on health care services.

These plans are however associated with higher deductibles that the insured have to pay from their pocket before they can claim insurance money. Consumer driven health care plans include Health Reimbursement Plans (HRAs), Flexible Spending Accounts (FSAs), high deductible health plans (HDHps), Archer Medical Savings Accounts (MSAs) and Health Savings Accounts (HSAs). Of these, the Health Savings Accounts are the most recent and they have witnessed rapid growth during the last decade.

WHAT IS A HEALTH SAVINGS ACCOUNT?

A Health Savings Account (HSA) is a tax-advantaged medical savings account available to taxpayers in the United States. The funds contributed to the account are not subject to federal income tax at the time of deposit. These may be used to pay for qualified medical expenses at any time without federal tax liability.

Another feature is that the funds contributed to Health Savings Account roll over and accumulate year over year if not spent. These can be withdrawn by the employees at the time of retirement without any tax liabilities. Withdrawals for qualified expenses and interest earned are also not subject to federal income taxes. According to the U.S. Treasury Office, 'A Health Savings Account is an alternative to traditional health insurance; it is a savings product that offers a different way for consumers to pay for their health care.

HSA's enable you to pay for current health expenses and save for future qualified medical and retiree health expenses on a tax-free basis.' Thus the Health Savings Account is an effort to increase the efficiency of the American health care system and to encourage people to be more responsible and prudent towards their health care needs. It falls in the category of consumer driven health care plans.

Origin of Health Savings Account

The Health Savings Account was established under the Medicare Prescription Drug, Improvement, and Modernization Act passed by the U.S. Congress in June 2003, by the Senate in July 2003 and signed by President Bush on December 8, 2003.

Eligibility -

The following individuals are eligible to open a Health Savings Account -

- Those who are covered by a High Deductible Health Plan (HDHP).

- Those not covered by other health insurance plans.

- Those not enrolled in Medicare4.

Also there are no income limits on who may contribute to an HAS and there is no requirement of having earned income to contribute to an HAS. However HAS's can't be set up by those who are dependent on someone else's tax return. Also HSA's cannot be set up independently by children.

What is a High Deductible Health plan (HDHP)?

Enrollment in a High Deductible Health Plan (HDHP) is a necessary qualification for anyone wishing to open a Health Savings Account. In fact the HDHPs got a boost by the Medicare Modernization Act which introduced the HSAs. A High Deductible Health Plan is a health insurance plan which has a certain deductible threshold. This limit must be crossed before the insured person can claim insurance money. It does not cover first dollar medical expenses. So an individual has to himself pay the initial expenses that are called out-of-pocket costs.

In a number of HDHPs costs of immunization and preventive health care are excluded from the deductible which means that the individual is reimbursed for them. HDHPs can be taken both by individuals (self employed as well as employed) and employers. In 2008, HDHPs are being offered by insurance companies in America with deductibles ranging from a minimum of $1,100 for Self and $2,200 for Self and Family coverage. The maximum amount out-of-pocket limits for HDHPs is $5,600 for self and $11,200 for Self and Family enrollment. These deductible limits are called IRS limits as they are set by the Internal Revenue Service (IRS). In HDHPs the relation between the deductibles and the premium paid by the insured is inversely propotional i.e. higher the deductible, lower the premium and vice versa. The major purported advantages of HDHPs are that they will a) lower health care costs by causing patients to be more cost-conscious, and b) make insurance premiums more affordable for the uninsured. The logic is that when the patients are fully covered (i.e. have health plans with low deductibles), they tend to be less health conscious and also less cost conscious when going for treatment.

Opening a Health Savings Account

An individual can sign up for HSAs with banks, credit unions, insurance companies and other approved companies. However not all insurance companies offer HSAqualified health insurance plans so it is important to use an insurance company that offers this type of qualified insurance plan. The employer may also set up a plan for the employees. However, the account is always owned by the individual. Direct online enrollment in HSA-qualified health insurance is available in all states except Hawaii, Massachusetts, Minnesota, New Jersey, New York, Rhode Island, Vermont and Washington.

Contributions to the Health Savings Account

Contributions to HSAs can be made by an individual who owns the account, by an employer or by any other person. When made by the employer, the contribution is not included in the income of the employee. When made by an employee, it is treated as exempted from federal tax. For 2008, the maximum amount that can be contributed (and deducted) to an HSA from all sources is:

$2,900 (self-only coverage)

$5,800 (family coverage)

These limits are set by the U.S. Congress through statutes and they are indexed annually for inflation. For individuals above 55 years of age, there is a special catch up provision that allows them to deposit additional $800 for 2008 and $900 for 2009. The actual maximum amount an individual can contribute also depends on the number of months he is covered by an HDHP (pro-rated basis) as of the first day of a month. For eg If you have family HDHP coverage from January 1,2008 until June 30, 2008, then cease having HDHP coverage, you are allowed an HSA contribution of 6/12 of $5,800, or $2,900 for 2008. If you have family HDHP coverage from January 1,2008 until June 30, 2008, and have self-only HDHP coverage from July 1, 2008 to December 31, 2008, you are allowed an HSA contribution of 6/12 x $5,800 plus 6/12 of $2,900, or $4,350 for 2008. If an individual opens an HDHP on the first day of a month, then he can contribute to HSA on the first day itself. However, if he/she opens an account on any other day than the first, then he can contribute to the HSA from the next month onwards. Contributions can be made as late as April 15 of the following year. Contributions to the HSA in excess of the contribution limits must be withdrawn by the individual or be subject to an excise tax. The individual must pay income tax on the excess withdrawn amount.

Contributions by the Employer

The employer can make contributions to the employee's HAS account under a salary reduction plan known as Section 125 plan. It is also called a cafeteria plan. The contributions made under the cafeteria plan are made on a pre-tax basis i.e. they are excluded from the employee's income. The employer must make the contribution on a comparable basis. Comparable contributions are contributions to all HSAs of an employer which are 1) the same amount or 2) the same percentage of the annual deductible. However, part time employees who work for less than 30 hours a week can be treated separately. The employer can also categorize employees into those who opt for self coverage only and those who opt for a family coverage. The employer can automatically make contributions to the HSAs on the behalf of the employee unless the employee specifically chooses not to have such contributions by the employer.

Withdrawals from the HSAs

The HSA is owned by the employee and he/she can make qualified expenses from it whenever required. He/She also decides how much to contribute to it, how much to withdraw for qualified expenses, which company will hold the account and what type of investments will be made to grow the account. Another feature is that the funds remain in the account and role over from year to year. There are no use it or lose it rules. The HSA participants do not have to obtain advance approval from their HSA trustee or their medical insurer to withdraw funds, and the funds are not subject to income taxation if made for 'qualified medical expenses'. Qualified medical expenses include costs for services and items covered by the health plan but subject to cost sharing such as a deductible and coinsurance, or co-payments, as well as many other expenses not covered under medical plans, such as dental, vision and chiropractic care; durable medical equipment such as eyeglasses and hearing aids; and transportation expenses related to medical care. Nonprescription, over-the-counter medications are also eligible. However, qualified medical expense must be incurred on or after the HSA was established.

Tax free distributions can be taken from the HSA for the qualified medical expenses of the person covered by the HDHP, the spouse (even if not covered) of the individual and any dependent (even if not covered) of the individual.12 The HSA account can also be used to pay previous year's qualified expenses subject to the condition that those expenses were incurred after the HSA was set up. The individual must preserve the receipts for expenses met from the HSA as they may be needed to prove that the withdrawals from the HSA were made for qualified medical expenses and not otherwise used. Also the individual may have to produce the receipts before the insurance company to prove that the deductible limit was met. If a withdrawal is made for unqualified medical expenses, then the amount withdrawn is considered taxable (it is added to the individuals income) and is also subject to an additional 10 percent penalty. Normally the money also cannot be used for paying medical insurance premiums. However, in certain circumstances, exceptions are allowed.

These are -

1) to pay for any health plan coverage while receiving federal or state unemployment benefits.

2) COBRA continuation coverage after leaving employment with a company that offers health insurance coverage.

3) Qualified long-term care insurance.

4) Medicare premiums and out-of-pocket expenses, including deductibles, co-pays, and coinsurance for: Part A (hospital and inpatient services), Part B (physician and outpatient services), Part C (Medicare HMO and PPO plans) and Part D (prescription drugs).

However, if an individual dies, becomes disabled or reaches the age of 65, then withdrawals from the Health Savings Account are considered exempted from income tax and additional 10 percent penalty irrespective of the purpose for which those withdrawals are made. There are different methods through which funds can be withdrawn from the HSAs. Some HSAs provide account holders with debit cards, some with cheques and some have options for a reimbursement process similar to medical insurance.

Growth of HSAs

Ever since the Health Savings Accounts came into being in January 2004, there has been a phenomenal growth in their numbers. From around 1 million enrollees in March 2005, the number has grown to 6.1 million enrollees in January 2008.14 This represents an increase of 1.6 million since January 2007, 2.9 million since January 2006 and 5.1 million since March 2005. This growth has been visible across all segments. However, the growth in large groups and small groups has been much higher than in the individual category. According to the projections made by the U.S. Treasury Department, the number of HSA policy holders will increase to 14 million by 2010. These 14 million policies will provide cover to 25 to 30 million U.S. citizens.

In the Individual Market, 1.5 million people were covered by HSA/HDHPs purchased as on January 2008. Based on the number of covered lives, 27 percent of newly purchased individual policies (defined as those purchased during the most recent full month or quarter) were enrolled in HSA/HDHP coverage. In the small group market, enrollment stood at 1.8 million as of January 2008. In this group 31 percent of all new enrollments were in the HSA/HDHP category. The large group category had the largest enrollment with 2.8 million enrollees as of January 2008. In this category, six percent of all new enrollments were in the HSA/HDHP category.

Benefits of HSAs

The proponents of HSAs envisage a number of benefits from them. First and foremost it is believed that as they have a high deductible threshold, the insured will be more health conscious. Also they will be more cost conscious. The high deductibles will encourage people to be more careful about their health and health care expenses and will make them shop for bargains and be more vigilant against excesses in the health care industry. This, it is believed, will reduce the growing cost of health care and increase the efficiency of the health care system in the United States. HSA-eligible plans typically provide enrollee decision support tools that include, to some extent, information on the cost of health care services and the quality of health care providers. Experts suggest that reliable information about the cost of particular health care services and the quality of specific health care providers would help enrollees become more actively engaged in making health care purchasing decisions. These tools may be provided by health insurance carriers to all health insurance plan enrollees, but are likely to be more important to enrollees of HSA-eligible plans who have a greater financial incentive to make informed decisions about the quality and costs of health care providers and services.

It is believed that lower premiums associated with HSAs/HDHPs will enable more people to enroll for medical insurance. This will mean that lower income groups who do not have access to medicare will be able to open HSAs. No doubt higher deductibles are associated with HSA eligible HDHPs, but it is estimated that tax savings under HSAs and lower premiums will make them less expensive than other insurance plans. The funds put in the HSA can be rolled over from year to year. There are no use it or lose it rules. This leads to a growth in savings of the account holder. The funds can be accumulated tax free for future medical expenses if the holder so desires. Also the savings in the HSA can be grown through investments.

The nature of such investments is decided by the insured. The earnings on savings in the HSA are also exempt from income tax. The holder can withdraw his savings in the HSA after turning 65 years old without paying any taxes or penalties. The account holder has complete control over his/her account. He/She is the owner of the account right from its inception. A person can withdraw money as and when required without any gatekeeper. Also the owner decides how much to put in his/her account, how much to spend and how much to save for the future. The HSAs are portable in nature. This means that if the holder changes his/her job, becomes unemployed or moves to another location, he/she can still retain the account.

Also if the account holder so desires he can transfer his Health Saving Account from one managing agency to another. Thus portability is an advantage of HSAs. Another advantage is that most HSA plans provide first-dollar coverage for preventive care. This is true of virtually all HSA plans offered by large employers and over 95% of the plans offered by small employers. It was also true of over half (59%) of the plans which were purchased by individuals.

All of the plans offering first-dollar preventive care benefits included annual physicals, immunizations, well-baby and wellchild care, mammograms and Pap tests; 90% included prostate cancer screenings and 80% included colon cancer screenings. Some analysts believe that HSAs are more beneficial for the young and healthy as they do not have to pay frequent out of pocket costs. On the other hand, they have to pay lower premiums for HDHPs which help them meet unforeseen contingencies.

Health Savings Accounts are also advantageous for the employers. The benefits of choosing a health Savings Account over a traditional health insurance plan can directly affect the bottom line of an employer's benefit budget. For instance Health Savings Accounts are dependent on a high deductible insurance policy, which lowers the premiums of the employee's plan. Also all contributions to the Health Savings Account are pre-tax, thus lowering the gross payroll and reducing the amount of taxes the employer must pay.

Criticism of HSAs

The opponents of Health Savings Accounts contend that they would do more harm than good to America's health insurance system. Some consumer organizations, such as Consumers Union, and many medical organizations, such as the American Public Health Association, have rejected HSAs because, in their opinion, they benefit only healthy, younger people and make the health care system more expensive for everyone else. According to Stanford economist Victor Fuchs, "The main effect of putting more of it on the consumer is to reduce the social redistributive element of insurance.

Some others believe that HSAs remove healthy people from the insurance pool and it makes premiums rise for everyone left. HSAs encourage people to look out for themselves more and spread the risk around less. Another concern is that the money people save in HSAs will be inadequate. Some people believe that HSAs do not allow for enough savings to cover costs. Even the person who contributes the maximum and never takes any money out would not be able to cover health care costs in retirement if inflation continues in the health care industry.

Opponents of HSAs, also include distinguished figures like state Insurance Commissioner John Garamendi, who called them a "dangerous prescription" that will destabilize the health insurance marketplace and make things even worse for the uninsured. Another criticism is that they benefit the rich more than the poor. Those who earn more will be able to get bigger tax breaks than those who earn less. Critics point out that higher deductibles along with insurance premiums will take away a large share of the earnings of the low income groups. Also lower income groups will not benefit substantially from tax breaks as they are already paying little or no taxes. On the other hand tax breaks on savings in HSAs and on further income from those HSA savings will cost billions of dollars of tax money to the exchequer.

The Treasury Department has estimated HSAs would cost the government $156 billion over a decade. Critics say that this could rise substantially. Several surveys have been conducted regarding the efficacy of the HSAs and some have found that the account holders are not particularly satisfied with the HSA scheme and many are even ignorant about the working of the HSAs. One such survey conducted in 2007 of American employees by the human resources consulting firm Towers Perrin showed satisfaction with account based health plans (ABHPs) was low. People were not happy with them in general compared with people with more traditional health care. Respondants said they were not comfortable with the risk and did not understand how it works.

According to the Commonwealth Fund, early experience with HAS eligible high-deductible health plans reveals low satisfaction, high out of- pocket costs, and cost-related access problems. Another survey conducted with the Employee Benefits Research Institute found that people enrolled in HSA-eligible high-deductible health plans were much less satisfied with many aspects of their health care than adults in more comprehensive plans People in these plans allocate substantial amounts of income to their health care, especially those who have poorer health or lower incomes. The survey also found that adults in high-deductible health plans are far more likely to delay or avoid getting needed care, or to skip medications, because of the cost. Problems are particularly pronounced among those with poorer health or lower incomes.

Political leaders have also been vocal about their criticism of the HSAs. Congressman John Conyers, Jr. issued the following statement criticizing the HSAs "The President's health care plan is not about covering the uninsured, making health insurance affordable, or even driving down the cost of health care. Its real purpose is to make it easier for businesses to dump their health insurance burden onto workers, give tax breaks to the wealthy, and boost the profits of banks and financial brokers. The health care policies concocted at the behest of special interests do nothing to help the average American. In many cases, they can make health care even more inaccessible." In fact a report of the U.S. governments Accountability office, published on April 1, 2008 says that the rate of enrollment in the HSAs is greater for higher income individuals than for lower income ones.

A study titled "Health Savings Accounts and High Deductible Health Plans: Are They an Option for Low-Income Families? By Catherine Hoffman and Jennifer Tolbert which was sponsored by the Kaiser Family Foundation reported the following key findings regarding the HSAs:

a) Premiums for HSA-qualified health plans may be lower than for traditional insurance, but these plans shift more of the financial risk to individuals and families through higher deductibles.

b) Premiums and out-of-pocket costs for HSA-qualified health plans would consume a substantial portion of a low-income family's budget.

c) Most low-income individuals and families do not face high enough tax liability to benefit in a significant way from tax deductions associated with HSAs.

d) People with chronic conditions, disabilities, and others with high cost medical needs may face even greater out-of-pocket costs under HSA-qualified health plans.

e) Cost-sharing reduces the use of health care, especially primary and preventive services, and low-income individuals and those who are sicker are particularly sensitive to cost-sharing increases.

f) Health savings accounts and high deductible plans are unlikely to substantially increase health insurance coverage among the uninsured.

Choosing a Health Plan

Despite the advantages offered by the HSA, it may not be suitable for everyone. While choosing an insurance plan, an individual must consider the following factors:

1. The premiums to be paid.

2. Coverage/benefits available under the scheme.

3. Various exclusions and limitations.

4. Portability.

5. Out-of-pocket costs like coinsurance, co-pays, and deductibles.

6. Access to doctors, hospitals, and other providers.

7. How much and sometimes how one pays for care.

8. Any existing health issue or physical disability.

9. Type of tax savings available.

The plan you choose should according to your requirements and financial ability.

BIBLIOGRAPHY

1 Questions and Answers about Health Insurance- A Consumer Guide' published jointly by the Agency for Healthcare Research and Quality (AHRQ)and America's Health Insurance Plans (AHIP)

2 http://www.en.wikipedia.org/wiki/Health_savings_account

3 2002 AHIP Survey of Health Insurance Plans

4 "How High Is Too High? Implications of High-Deductible Health Plans" Davis, Karen; Michelle Doty and Alice Ho. The Commonwealth Fund, April 2005

5 http://www.fdhc.state.fl.us/schs/pdf/hsa_tri-fold_brochure.pdf

6 HSA/HDHP CENSUS 2008 by Hannah Yoo, Center for Policy and Research, America's Health Insurance Plans

7"HEALTH SAVINGS ACCOUNTS Early Enrollee Experiences with Accounts and Eligible Health Plans" John E. Dicken Director, Health Care.

8 Thomas Wilder and Hannah Yoo, "A Survey of Preventive Benefits in Health Savings Account (HSA)Plans, July 2007," America's Health Insurance Plans, November 2007

9 Gladwell, Malcolm, "The Moral Hazard Myth", The New Yorker (29-08-2005)

10 2008 Benchmark Survey HAS Bank

11. Employer Health Benefits 2007 Annual Survey, Kaiser Family Foundation

12. Health Savings Accounts and High Deductible Health Plans: Are They An Option for Low-Income Families?Catherine Hoffman and Jennifer Tolbert for Kaiser Family Foundation, October 2006

13. Medicare Prescription Drug, Improvement, and Modernization Act of 2003

Monday, 22 August 2011

Características comunes de cuenta de ahorros

Cuentas de ahorro son uno de los tipos más comunes de las cuentas disponibles hoy en día. Además de las cuentas chequeing, representan una parte muy importante de negocios de cualquier banco. Con esa cantidad de competencia, diferentes bancos pueden ofrecer funciones de cuenta diferentes en un intento de atraer en el negocio de las personas que desean para abrir nuevas cuentas. Si has estado pensando en abrir una nueva cuenta de ahorro, pero no está realmente seguro de qué tipo de características que desea o necesita de la cuenta, entonces esta guía puede ayudarle a tomar una decisión.

A continuación encontrará información sobre algunos de los más básicos y las características de las cuentas de ahorro para que vas a saber lo que debe estar buscando la base de su experiencia de ahorro.

Ahorros e intereses

Obviamente, una de las características más importantes de una cuenta de ahorros es que la cuenta tiene interés. Al final de cada mes, se observará un listado por el interés que se ha pagado en su estado de cuenta... Esto significa que has recibido esa cantidad al anterior balance de su cuenta, basada en la tasa de interés que está en vigor para su cuenta. Cuanto mayor sea la tasa de interés, más que está pagado cada mes.

Instrucciones detalladas

Como se mencionó anteriormente, la cantidad que está pagado en interés aparece en tus extractos de cuenta. Además, sus declaraciones deben mostrar todos los depósitos y retiros que han ocurrido desde su última declaración, el importe total que se encuentra en su cuenta y los aranceles, multas u otros gastos que tuvo lugar en el último ciclo de instrucción. También deben aparecer en las características especiales de su cuenta en su declaración.

Transferencias de la cuenta

La mayoría de las cuentas de ahorros tienen la capacidad para realizar las transferencias de la cuenta, lo que significa que puede tener el dinero en su cuenta a otra cuenta que usted u otra persona posee y la cuenta de ahorros puede recibir transferencias de esta misma manera. Esto es especialmente útil si tiene varias cuentas diferentes y se desean utilizar una parte de sus ahorros para ayudar a pagar por algo que se está tramitando con otra cuenta.

Enlaces a Chequeing

Una función cada vez más común de las cuentas de ahorro es la capacidad para vincularlos a su cuenta de chequeing para ayudar a evitar los sobregiros. Si vincula sus cuentas y después escribe un cheque que no hay suficientes fondos en su cuenta de chequeing para cubrir, se toma la cantidad adicional de tu cuenta de ahorros y el cheque aún es honrado en lugar de a la persona a la que el cheque fue escrito a. En la mayoría de los casos aplica bien todavía una cuota de sobregiro u otro, pero se limita a una tarifa única única y no tendrán que pagar ninguna tasa mercante.

Acceso de cuenta en línea

Una característica muy útil cuenta que se ofrece por muchos bancos es el acceso de cuenta en línea. Esto permite utilizar internet para acceder a su información de cuenta mediante una conexión segura. Usando el acceso de cuenta en línea, puede normalmente comprobar saldos, transferir fondos de una cuenta a otra, si las transacciones se procesan y realizar muchas otras tareas que normalmente tiene que visitar una sucursal bancaria en persona a hacer.

Esto permite liberar su tiempo para otras actividades, ya que usted no tenga que visitar el Banco durante horas normales de trabajo y en su lugar puede realizar la mayoría de las acciones bancarias desde la comodidad de su hogar. En muchos casos, incluso puede recibir extractos bancarios electrónicos en lugar de papel que con acceso a la cuenta en línea. Funciones en línea tienden a variar de banco a Banco, sin embargo.

Una guía útil para cuentas de ahorro

Una cuenta de ahorra está abierta por un individuo y es mantenida por las cooperativas, los bancos, así como otras organizaciones financieras. Estas cuentas reembolsar los intereses del dinero que está depositado en la cuenta. Pero, la capital se mantiene en las cuentas de ahorro y no se puede gastar abiertamente como escribir un cheque.

Cuentas de ahorro se centran principalmente en que permite a los titulares de la cuenta una parte de un lado de valor de activos líquidos como una fracción del enfoque de ahorro. Las cuentas de ahorro que ofrecen la mejor tasa de intereses a los propietarios de la cuenta son preferidas, ya que permiten el ahorro para acumular más rápido. Por lo tanto, las personas deben comparar la tasa de intereses que ofrecen diversas instituciones financieras a fin de encontrar cuentas de ahorro adecuadas ofrecer mejores tarifas.

El único objetivo de establecer cuentas de ahorro es dejar de lado una parte de los ingresos que será útil en el momento de la jubilación y emergencias. Florecimiento de las cuentas de ahorro refleja positivamente en la calificación de crédito de los titulares de cuentas ya que establece su experiencia en administración avanzada de dinero.

Hay varios tipos de planes de cuentas, de los cuales uno puede elegir el mejor según la necesidad y conveniencia de ahorro.

1) Cuenta de ahorro offshore: este tipo de cuenta de ahorro está disponible para las personas que están quedándose así como trabajar en el extranjero. Cuentas offshore facilitan los titulares de cuentas en la protección de sus activos ganada y riqueza. También, con este tipo de cuenta, los propietarios de la cuenta pueden realizar sus actividades de negocios de una manera confidencial y privado.

2) Cuenta de ahorros de salud: este tipo de cuentas de ahorro está diseñado para ayudar a las personas ahorrar para próximos gastos relacionados con los gastos médicos sin adquirir cualquier impuesto. El dinero sólo se puede acceder por razones médicas. Cuenta de ahorros de salud también funciona como un plan de retiro donde puedes ganar una buena cantidad de interés durante el período de tiempo que puede utilizarse durante las necesidades médicas.

3) Cuenta de ahorros estándar: Con este tipo de cuenta de ahorros, el titular puede tener acceso a su dinero tiempo tantos como él o ella quiere. Aunque con este tipo de cuentas uno obtiene poca cantidad de interés, pero es un buen comienzo para los que busca el justo medio de ser ahorro.

Sin embargo, hay algunos factores que son necesarios para tener en cuenta al seleccionar una cuenta de ahorros apropiada que incluyen:

Cuentas de ahorro de tipo de interés:

Tasa de interés es la suma total de interés que el Banco paga a una persona en la capital dinero disponible para la cuenta de ahorros de un individuo.

Cuenta de ahorros de saldo mínimo:

Hay algunos bancos que cobran tarifas si un individuo va debajo de un determinado equilibrio y hay pocos que simplemente bajará su tasa de interés. Así, uno puede ir por cuenta de ahorro con saldo mínimo bajo para que si alguna vez uno requiere una gran parte de su capital, la persona no se encargaría cualquier cuota.

Con la llegada hasta de instalaciones de e-commerce, hay varios bancos disponibles en línea que ofrecen un individuo con el menor saldo capital mínimo y la tasa más alta de cuentas de ahorro de intereses.

Cuentas de ahorro con acceso a cajeros automáticos

Si su comparación en línea las cuentas de ahorro encontrará existen diferentes tipos de cuentas en el mercado con cantidades variables de flexibilidad y características. Los tipos más comunes de la cuenta son ahorros de alto interés, depósitos a plazo y cuentas de ahorro de acceso instantáneo.

Un depósito a plazo ofrece una tasa fija de interés para un plazo acordado, normalmente desde unos meses hasta varios años. En adicional un depósito mínimo sustancial es necesaria para abrir esa cuenta. Cuentas de ahorro de alto interés obtener mayores tasas de interés pero comúnmente utilizar una tasa variable y también son muy accesibles principalmente por vinculación a una cuenta de transacción o una cuenta de ahorro independiente. Aunque accesible, no es inusual para el ahorro de alto interés para imponer restricciones sobre el número de retiros o exigir una cantidad mínima de depósito durante el mes a fin de calificar para la tasa más alta.

Por el contrario, cuentas de ahorro instantáneo acceso darle la comodidad de acceso en cualquier momento a su depósito con el uso de una tarjeta de cajero automático. Tendrá que mantener un saldo mínimo en su cuenta de acceso instantáneo y esto puede variar entre un mínimo de 50 dólares y un máximo de $5000. Como una cuenta de ahorros, obtendrá ingresos por intereses, pero la tasa dependerá del equilibrio que tenga en cuenta; por lo general será inferior a la tasa que puede esperar de una cuenta de ahorros de alto interés.

Acceso instantáneo de ahorro son utilizado como una cuenta de transacción. Si tienes una cuenta de ahorros de alto interés puede vincular esa cuenta a su cuenta de acceso instantáneo como la cuenta de transacciones vinculadas.

Estas dos cuentas pueden vincularse aunque mantiene en diferentes bancos. Puede ser un paso inteligente para tener las dos cuentas de ahorro en la misma institución como de esta manera que se puede instantáneamente la transferencia de fondos desde su alto interés cuenta de ahorro en el instante en que acceder a cuenta y hacen retiros a través de esa cuenta.

El acceso instantáneo a la cuenta de ahorros se facilita principalmente por una tarjeta de cajero automático, que le permite tener acceso las 24 horas y máxima conveniencia. Otros beneficios más allá de la ATM y EFTPOS acceso incluyen banca telefónica y banca en línea 24/7.

Conveniencia de ATM no se limita a la capacidad de extraer fondos de las redes de cajeros automáticos operadas por el Banco y otras instituciones financieras. Una vez que haya un vínculo entre las cuentas de acceso ATM es una forma muy conveniente para tener acceso a efectivo en cualquier lugar que lo necesite y en cualquier momento. Otras comodidades posibles con las cuentas de ahorro instantáneo acceso ATM son:

Fondo de hacer transferencias a y desde cuentas vinculadas de decisiones efectivo depósitos (aunque esto es posible sólo en unidades seleccionadas de ATM) comprobar el saldo de sus cuentas

Aparte de hacer depósitos en cajeros automáticos, también puede depositar dinero en su cuenta de ahorro instantáneo acceso por:

-Tener sus ingresos acreditados directamente

-Transferencia de fondos de la cuenta vinculada o tus otras cuentas de ahorro

-Transferencia de fondos por teléfono o banca por Internet

-Envío cheque de depósitos por correo

-Depositar en el mostrador

Para sus transacciones cotidianas, puede que desee considerar las comodidades disponibles a través de cuentas de ahorro para acceso instantáneo.