Remove 2024 Remove Flexible Spending Account Remove Health Insurance
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Top 10 Employee Benefits Certifications for Professionals in 2024

HR Lineup

Below are the top 10 employee benefits certifications for professionals in 2024. Health Insurance Associate (HIA) The Health Insurance Associate (HIA) certification is offered by America’s Health Insurance Plans (AHIP). It’s perfect for those who manage employee health savings programs.

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Gen Z Workers Go for HDHPs, but Don’t Forget Your Other Employees

InterWest Insurance Services

workers choosing high-deductible health plans has leveled off during the last two years, uptake has been growing rapidly among one segment of the working population: Gen Z employees. It found that: 64% of health plan enrollees selected a traditional plan in plan year 2024, compared to 69% in 2022. While the number of U.S.

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New HSA, FSA, 401(k) Contribution Levels Set

InterWest Insurance Services

The IRS has released the 2023 maximum contribution amounts for health savings accounts and flexible spending accounts. The changes, which the IRS releases in November each year, will affect contribution limits for HSAs, FSAs and 401(k) and other retirement accounts. 7,750 for family coverage (up $450).

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What is a High-Deductible Health Plan (HDHP)?

Higginbotham

Are you offering your employees health insurance options that work for their budgets? While not ideal for everyone, a high-deductible health plan can be very appealing to some workers, especially when it’s paired with a health savings account. However, they cannot typically be used to cover premiums.

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HRA vs HSA vs FSA – Understanding the difference and selecting the best options

Higginbotham

Health Savings Account A Health Savings Account (HSA) is a type of employee-owned account that is designed to work with high-deductible health insurance plans. For 2024, the contribution limit for self-only coverage is $4,150 and the contribution limit for family coverage is $8,300.

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November HR Update

Higginbotham

IRS Announces 2024 FSA, Retirement Plan Limits Earlier this month, the Internal Revenue Service (IRS) released cost-of-living adjustments and inflation-adjusted limits for 2024 that affect amounts employees can contribute to health flexible spending accounts (FSAs), 401(k) plans and individual retirement accounts (IRAs).

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November HR News Worth Review

Higginbotham

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.

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