WageWorks
Information by Research TrustFinance
Founded in 2000, WageWorks, Inc. grew to become a prominent administrator of tax-advantaged benefit programs for employers across the United States. The company specialized in managing a range of consumer-directed benefits, including Health Savings Accounts (HSAs), Health Reimbursement Arrangements (HRAs), Flexible Spending Accounts (FSAs), and commuter benefit services. Their mission was to simplify the complexity of benefits administration for both employers and employees. In August 2019, WageWorks was acquired by HealthEquity, Inc., a leading administrator of HSAs. The acquisition combined two of the largest providers in the industry, and the WageWorks brand and services have since been fully integrated into the HealthEquity platform.
United States
Industry
- Other ServicePRIMARY
Financial