Remove 2020 Remove Flexible Spending Remove Life Insurance
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Leap year! How to handle 27 biweekly payrolls in 2020

Business Management Daily

1 payday back into 2020, you’d still have 27 biweekly pay periods, this time in 2021. Best practice: List all benefits and deductions to determine whether they’re impacted: Medical, dental, life, vision, group-term life insurance, long-term disability, dependent care, flexible spending accounts and health savings accounts.

Payroll 83
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Reconsidering your employee benefits priorities

Health Consultants Group

In 2020, they surveyed 2,504 active HR professionals. Their Employee Benefits in 2020: Executive Summary report discusses their primary findings. . Group-term life insurance . Flexible Spending Accounts: funded by salary reduction. Respondents provided answers based on their experiences. Adoption Benefits.

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Executive benefit reimbursement plans

Higginbotham

HRAs may sound like Health Savings Accounts (HSAs) or Flexible Spending Accounts (FSAs), but there are key differences. The IRS maintains information on rules for health flexible spending accounts, health reimbursement arrangements and other tax-favored health plans in Publication 969. Comparing HRAs, HSAs and FSAs.