Remove 2017 Remove Flexible Spending Account Remove Taxes
article thumbnail

Basics of Tax-Efficient Investing

Money Talk

This phrase was designed to encourage investors to buy tax-free municipal bonds that provide a higher after-tax return than higher-yielding taxable bonds. In a more general way, the advertisement was also promoting the concept of tax-efficient investing. no tax for New Jersey residents on a New Jersey-issued bond).

Taxes 189
article thumbnail

5 benefits trends to watch in 2020

Benefit Resource Inc.

Incorporating lifestyle components into pre-tax accounts. So, how will this affect tax advantaged accounts like Flexible Spending Accounts and Health Reimbursement Accounts? If you’re a Beniversal Card holder, you may already know how easy it is to utilize pre-tax dollars.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Enrolling in benefits creates a level of stress that’s scary

Benefit Resource Inc.

According to the 2017 Benefits Communication Survey from Jellyvision, almost half of employees report enrolling in benefits as “always very stressful” That’s scary. When it comes to pre-tax benefits specifically, we found three areas that are common culprits: Gaps in understanding of pre-tax benefits.

article thumbnail

Year-end checklist for HR

PeopleStrategy

If certain individuals received raises or promotions, make sure these changes are reflected in their current pay stubs as well as in tax documents and company records. Annual, quarterly or holiday bonuses should also be accounted for. The lives of some of your employees changed in 2017. Report benefits enrollment information.

article thumbnail

The intersection of health, technology and benefits

Benefit Resource Inc.

What can your tax-free health account get you this year? 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.

article thumbnail

Executive benefit reimbursement plans

Higginbotham

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.

article thumbnail

How to find benefits that are “just right”

Benefit Resource Inc.

In some cases, determining how much to set aside in a tax free account can be difficult. Employees may end up in a “too cold” scenario where they under fund their accounts. This may leave them with health expenses that have to be paid out of pocket instead of with tax-free dollars. HSA family coverage: $1086.