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. Legislative activity has been stirring for each account and shows no signs of slowing.

Health Savings Account 73

Health Savings Account Flexible Spending Account Flexible Spending Taxes 73

Best Money Moves

APRIL 30, 2019

More than 70 percent of employers offer dependent care flexible spending accounts. 10 Quick Highlights from SHRM’s 2018 Benefits Report. Fifteen percent of employers now offer 529 savings plans that help save for children’s higher education. Over 10 percent offer scholarships or paid tuition for employees’ children.

Employee Benefits 81

Employee Benefits Paid Leave Flexible Spending Account Flexible Spending 81

Benefit Resource Inc.

APRIL 11, 2019

In this post, we’ll provide a bit of background about what the Flexible Spending Account (FSA) rollover option is and how it works. Let’s say you had an FSA in 2018 but you decided not to re-enroll for 2019. You just won’t have a new election amount to spend down as well.

Taxes 76

Taxes Flexible Spending Account Medical Flexible Spending 76

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. You should also ensure that you understand any changes to the allowance of employer contributions to FSAs in 2018. Confirm annual budget.

Flexible Spending Account 58

Flexible Spending Account Taxes Flexible Spending Retirement Plan 58

Winston Benefits

SEPTEMBER 29, 2017

1095 C forms must be delivered to employees by January 31, 2018 and filed on paper with the IRS by February 28, 2018. Applicable Large Employers with 250 or more returns must file electronically by March 31, 2018. The phase-in era of reporting requirements is over and now is the time to start assembling your data.

Health Insurance 45

Health Insurance Flexible Spending Account Health Savings Account Flexible Spending 45

Benefit Resource Inc.

JANUARY 2, 2020

Across 2018 and 2019, the announcement of pre-tax limits held employees’ attention. What 2018 IRS Publication 15-B says about Commuter Benefits. From the FSAStore to Amazon, here are the best places to use up your Flexible Spending Account funds. So far, prices have held steady… Pre-tax limits.

Flexible Spending Account 40

Flexible Spending Account Flexible Spending Health Savings Account Taxes 40

Benefit Resource Inc.

DECEMBER 20, 2018

One of the most common employer-provided benefits is a Flexible Spending Account (FSA). If you have an FSA, you know it’s a use-or-lose account and the “lose” time frame is approaching. (If If your company set the plan up to end on December 31, 2018). Need to use up your FSA money?

Out of Pocket Cost 40

Out of Pocket Cost Flexible Spending Account Flexible Spending Healthcare 40