Money Talk

AUGUST 3, 2022

Below are six tax-saving ideas gleaned from recent webinars and research for my book: Look Toward the Future - Absent new tax legislation, the Tax Cuts and Jobs Act is scheduled to sunset after 2025, tax rules will return to what they were in 2017, and tax rates will be higher than they are right now.

Taxes 189

Taxes 401(k) Flexible Spending Account Deductions 189

Benefit Resource Inc.

JANUARY 16, 2020

So, how will this affect tax advantaged accounts like Flexible Spending Accounts and Health Reimbursement Accounts? In the coming years, it is likely that these accounts will incorporate wellness benefits. Legislation in favor of pre-tax accounts. In 2017, there was the Tax Cuts and Jobs Act.

Health Savings Account 73

Health Savings Account Flexible Spending Account Flexible Spending Taxes 73

PeopleStrategy

NOVEMBER 7, 2017

In 2018, the cap for employee contributions to health care flexible spending accounts will increase to $2,650 , according to the Society for Human Resource Management. The lives of some of your employees changed in 2017. Make any necessary updates to FSAs. Did your data change with them? Update employee contact info.

Flexible Spending Account 58

Flexible Spending Account Taxes Flexible Spending Retirement Plan 58

Benefit Resource Inc.

DECEMBER 4, 2018

Diabetes equipment for staying on top of your blood sugar… Multiple diabetic supplies are available for purchase through your Flexible Spending Account. It was also listed as the #1 beauty breakthrough product of 2017 by Cosmo. Or your Health Savings Account*). Health technology pick: A glowing complexion.

Technology 45

Technology Flexible Spending Account Flexible Spending Health Savings Account 45

Benefit Resource Inc.

OCTOBER 30, 2018

According to the 2017 Benefits Communication Survey from Jellyvision, almost half of employees report enrolling in benefits as “always very stressful” That’s scary. in 2017 revealed several key areas within pre-tax benefits where participant understanding needs improvement. What makes enrolling in benefits stressful?

Flexible Spending Account 56

Flexible Spending Account Taxes Health Savings Account Flexible Spending 56

Higginbotham

NOVEMBER 2, 2022

The following commonly offered employee benefits are subject to these limits: High deductible health plans (HDHPs) and health savings accounts (HSAs); Health flexible spending accounts (FSAs); 401(k) plans; and. Transportation fringe benefit plans. Employer Takeaway.

401(k) 52

401(k) Flexible Spending Account Health Savings Account Flexible Spending 52

Higginbotham

JULY 12, 2022

According to the Commonwealth Fund , more than one in 20 Americans under the age of 64 spent at least $1,700 on out-of-pocket medical expenses in 2017. HRAs may sound like Health Savings Accounts (HSAs) or Flexible Spending Accounts (FSAs), but there are key differences. Comparing HRAs, HSAs and FSAs. 1, 2020).

Out of Pocket Cost 52

Out of Pocket Cost Flexible Spending Account Medical Deductions 52