HR Digest

SEPTEMBER 12, 2024

Previously, Disneyland employees received tuition perks as one of the benefits of working at the organization, having educational opportunities available to them for free. This cap is the same as the IRS limit on tax-free benefits for educational assistance programs and is commonly followed by many organizations.

Education 52

Education Employee Enrollments Taxes Deductible 52

Benefit Resource Inc.

AUGUST 13, 2019

According to a recent article from SHRM covering research from the Employees Benefit Research Institute (EBRI), enrollment in an HDHP promotes more conscious health care purchase decisions. For example, 55% of employees enrolled in an HDHP checked whether their health plan would cover their care or medication.

Deductions 45

Deductions Deductible Health Savings Account Employee Enrollments 45

Corporate Synergies

AUGUST 6, 2018

High deductible health plans (HDHPs) are on the rise as a growing number of employers turn to consumer-directed health plans to try to curb costs—the portion of employees enrolled in HDHPs rose from 26.3% In addition, employers can contribute tax-free dollars if they choose—all of which is employee money.

401(k) 40

401(k) Health Savings Account Retirement Plan Deductible 40

Business Management Daily

SEPTEMBER 27, 2019

An ounce of prevention may be worth a pound of cure, but up until this point, high-deductible health plans have been boxed in regarding tax-free reimbursements for most preventive care services or items. Reason: With certain exceptions, HDHPs can’t start reimbursing employees until they meet those high deductibles.

Health Savings Account 40

Health Savings Account Deductible Deductions Flexible Spending Account 40

PeopleStrategy

NOVEMBER 12, 2019

Assessing open enrollment and employees’ overall involvement in benefit offerings should be a big part of any year-end HR checklist. Obviously you and the providers you select for your benefit offerings need to know how many employees enroll in each plan. Payroll compliance checks.

Overtime 56

Overtime Payroll Employee Enrollments Deductible 56