Best Money Moves

DECEMBER 9, 2024

Here are the most important benefits your company needs in 2025. According to Mercers Survey on health & benefit strategies for 2025 , almost 70% of surveyed companies are or are planning to offer financial wellness programs in their benefits package next year. These benefits trends will continue going into 2025.

roth 401(k) 52

roth 401(k) 401(k) Benefits Package Paid Leave 52

WEX Inc.

MAY 10, 2024

Key takeaways – 2025 HSA contribution limits 2025 HSA contribution limits will increase to $4,300 and $8,550 for self-only and family HSAs, respectively. 2025 HDHP minimum deductible and maximum out-of-pocket limits also are increasing. Health savings account (HSA) contribution limits are on the rise again in 2025.

Health Savings Account 105

Health Savings Account Deductions Deductible Taxes 105

WEX Inc.

DECEMBER 18, 2024

This 2025 Benefits Compliance Checklist outlines key topics, dates, and additional areas to keep an eye on, ensuring your company meets regulatory obligations throughout the year. Key dates February 28, 2025: Paper filing deadline for 1095-C forms. March 3, 2025: Provide 1095-C forms to employees.

Family and Medical Leave Act 52

Family and Medical Leave Act Flexible Spending Account Flexible Spending Insurance Carriers 52

InterWest Insurance Services

JUNE 20, 2024

The IRS has announced significantly higher health savings account contribution limits for 2025, with the amount increasing 3.6% The IRS updates this amount annually, along with minimum deductibles as well as the out-of-pocket maximums for high-deductible health plans. for individual HSA plans.

Deductions 97

Deductions Deductible Health Savings Account Medical 97

CorpStrat

DECEMBER 4, 2024

Open enrollment is wrapping up, and now is the time to ensure your benefits package is ready to meet employee needs and support your 2025 business goals. Ensure your employees understand their options, any changes for 2025, and the enrollment deadlines. Review 2025 Plan Design Changes Have you updated your plans for 2025?

Employee Benefits 52

Employee Benefits Employment Disability Insurance Health Savings Account 52

Money Talk

AUGUST 3, 2022

Below are six tax-saving ideas gleaned from recent webinars and research for my book: Look Toward the Future - Absent new tax legislation, the Tax Cuts and Jobs Act is scheduled to sunset after 2025, tax rules will return to what they were in 2017, and tax rates will be higher than they are right now.

Taxes 189

Taxes 401(k) Flexible Spending Account Deductions 189

Empuls

DECEMBER 24, 2024

  Eight key trends in staff benefits programs in 2025 The nature of staff benefits has evolved significantly over the years. Here are some key trends in staff benefits programs in 2025, along with examples of companies successfully implementing these changes. What benefits do employees value most in 2025?

Retirement Plan 40

Retirement Plan Health Insurance Benefits Package Healthcare 40

WEX Inc.

JANUARY 2, 2025

Happy New Year and welcome to 2025! 7 basic rules of an HSA you need to know Maximize the potential of your health savings account (HSA) by mastering these 7 essential rules. Discover how to make smarter contributions, save on healthcare costs, and plan for a healthier financial future.

Flexible Spending Account 52

Flexible Spending Account Health Savings Account Flexible Spending Taxes 52

Money Talk

JUNE 13, 2024

With the 2023 tax filing deadline in the rear view mirror, now is a good time to look ahead to 2024 taxes that you will owe in April 2025. This post extends that discussion with a description of seven key steps to take to plan for your 2024 tax return due in 2025.

Taxes 125

Taxes 401(k) Retirement Plan Health Savings Account 125

Flimp Communications

FEBRUARY 25, 2025

Educate About Tax-Advantaged HSAs (And Similar Benefits) As you know, health savings accounts (HSAs) are triple tax-advantaged. Find out with your free 2025 Benefits Communications Calendar. Register here So, dont miss this opportunity to help your employees help themselves.

Taxes 69

Taxes Deductions Deductible Flexible Spending Account 69

WEX Inc.

OCTOBER 9, 2024

Health savings accounts (HSAs) and flexible spending accounts (FSAs) are often misunderstood, despite their significant financial advantages. It’s time to clarify the ins and outs of these tax-saving healthcare accounts and answer some HSA and FSA FAQs.

Flexible Spending Account 95

Flexible Spending Account Health Savings Account Flexible Spending Taxes 95

Proskauer's Employee Benefits & Executive Compensa

JANUARY 31, 2023

HDHPs can continue to offer first-dollar coverage for telehealth and other remote care services while preserving participants’ eligibility for health savings account (“HSA”) contributions. The two-year extension continues the relief until January 1, 2025. Mental Health Parity Enforcement. cut scheduled for 2024.

Deductible 98

Deductible Deductions Health Savings Account Retirement Plan 98

InterWest Insurance Services

DECEMBER 7, 2023

The IRS recently announced that the annual contribution limit for flexible spending accounts will rise to $3,200 in 2024, up $150 from this year. Also, employees will be able to carry over up to $640 next year into 2025 if they have funds left over in their account, if their employer allows it (it’s optional).

Flexible Spending Account 98

Flexible Spending Account Flexible Spending Pharmaceutical Health Savings Account 98

Best Money Moves

OCTOBER 22, 2024

Financial Burnout in 2025: How to Address Employee Concerns. Employees can further prepare for unexpected medical expenses and diagnoses by partnering with financial planning services that guide saving for medical emergencies. The post Financial Burnout in 2025: How to Address Employee Concerns appeared first on Best Money Moves.

Out of Pocket Cost 52

Out of Pocket Cost Healthcare Health Savings Account Medical 52

Proskauer's Employee Benefits & Executive Compensa

DECEMBER 19, 2024

Important UpdatePre-Deductible Telehealth HSA Relief Ends on December 31, 2024 : As discussed in our post below, although extension of the telehealth safe harbor was included in various bill drafts, the year-end spending bill signed into law on December 21, 2024 (American Relief Act, 2025) does not include pre-deductible telehealth relief.

Deductible 40

Deductible Deductions Health Savings Account Taxes 40

Snell & Wilmer Benefits

JANUARY 24, 2023

The relief allows, but does not require, HDHPs to provide telehealth and other remote care services on a pre-deductible basis without making participants health savings account (“HSA”) ineligible. For calendar year plans, this extension means that the plan may offer the telehealth relief for the 2023 and 2024 plan years.

Deductible 52

Deductible Deductions Family and Medical Leave Act Health and Welfare 52

Snell & Wilmer Benefits

JANUARY 24, 2023

The relief allows, but does not require, HDHPs to provide telehealth and other remote care services on a pre-deductible basis without making participants health savings account (“HSA”) ineligible. For calendar year plans, this extension means that the plan may offer the telehealth relief for the 2023 and 2024 plan years.

Deductible 40

Deductible Deductions Family and Medical Leave Act Health and Welfare 40

Business Management Daily

JANUARY 5, 2021

Relief for health savings accounts and dependent care assistance plans. 31, 2025: The Work Opportunity Tax Credit. Expanded criteria for loans under the Paycheck Protection Program. Extensions of popular payroll tax provisions. Relief for employers that deferred the deposit of employees’ Social Security taxes.

Family and Medical Leave Act 52

Family and Medical Leave Act Payroll 401(k) Taxes 52

Qandle

AUGUST 26, 2022

percent between 2017 and 2025, according to market research. Save time and effort by centralizing time and attendance reporting: For businesses with less than 75 employees, When I Work offers a free subscription that includes shift swapping, messaging, and scheduling tools. Core HR software is expected to grow by 9.4

Software 98

Software 401(k) Human Resources Payroll 98

Griffin Benefits

DECEMBER 30, 2022

On nearly the eve of its expiration, Congress has extended the ability of high deductible health plans (“HDHPs”) to offer first-dollar telehealth coverage through plan years beginning before January 1, 2025. TELEHEALTH: NON-CALENDAR PLAN YEAR GAP.

Deductions 84

Deductions Deductible Health Savings Account Taxes 84

WEX Inc.

FEBRUARY 18, 2025

Health savings accounts (HSAs) are widely recognized for their triple tax advantagespre-tax contributions, tax-free growth, and tax-free withdrawals for qualified medical expenses. Yet, many HSA holders miss out on one of the most powerful aspects of these accounts: investing.

Health Savings Account 95

Health Savings Account 401(k) Healthcare Taxes 95

WEX Inc.

OCTOBER 22, 2024

The IRS released 2025 contribution limits for medical flexible spending accounts (medical FSAs), commuter benefits , and more as part of Revenue Procedure 2024-40. These limits undergo annual adjustments to account for inflation. These limits undergo annual adjustments to account for inflation.

Flexible Spending Account 98

Flexible Spending Account Health Savings Account Flexible Spending Deductions 98

HR Digest

APRIL 28, 2025

Recent policy proposals, such as the Social Security Fairness Act 2025 and potential changes such as eliminating taxes on benefits, add further to the challenge. For HR professionals, these Social Security benefits changes in 2025 demand proactive planning to align total rewards with employee expectations and organizational goals.

401(k) 71

401(k) Retirement Plan Pension Profit Sharing Plan 71

WEX Inc.

MARCH 20, 2025

How much should I contribute to my health savings account (HSA) each month? If youre covered by an HSA-eligible health plan (or high-deductible health plan ), the IRS allows you to put as much as $4,300 per year (in 2025) into your health savings account (HSA). What is an HSA?

Health Savings Account 94

Health Savings Account Deductions Deductible Taxes 94

WEX Inc.

JANUARY 21, 2025

As we enter 2025, companies are facing a workforce that demands personalization, adaptability, and inclusivity in their benefits offerings. In 2025, the workplace is composed of five generations , each with distinct needs and expectations. Inclusivity and accessibility In 2025, inclusivity is no longer optional.

Benefits Package 52

Benefits Package Health Savings Account Financial Counseling Retirement Plan 52

WEX Inc.

APRIL 2, 2025

Limited medical FSA: Similar to a medical FSA, but can be paired with high-deductible health plans (HDHPs) and health savings accounts (HSAs) , covering dental and vision expenses. The 2025 medical FSA contribution limit (including limited and combination FSAs) is $3,300 per year.

Flexible Spending Account 90

Flexible Spending Account Deductions Deductible Flexible Spending 90

WEX Inc.

APRIL 30, 2025

Employers offering a high-deductible health plan (HDHP) sometimes offer participants a health reimbursement arrangement (HRA) to buy down the deductible. The HRA design will determine whether HDHP participants can also maintain eligibility to contribute to a health savings account (HSA).

Health Savings Account 52

Health Savings Account Deductions Deductible Health 52

WEX Inc.

MARCH 31, 2025

Some of the most common pre-tax benefits include: Health savings accounts (HSAs) Flexible spending accounts (FSAs) Commuter benefits Dependent care FSAs Retirement plan contributions (401(k)) Each of these benefits provides unique tax advantages that can make a big difference at tax time.

401(k) 52

401(k) Taxes Flexible Spending Account Health Savings Account 52

Higginbotham

JANUARY 24, 2025

How can employers control health care costs as medical expenses surge? According to PwC , medical costs in the group health plan market are expected to increase by 8 percent in 2025. Both employers and employees are feeling the impact, which is necessitating cost containment in health care.

Out of Pocket Cost 52

Out of Pocket Cost Employment Deductions Deductible 52