WEX Inc.

NOVEMBER 14, 2024

Participating in a health savings account (HSA) or flexible spending account (FSA) is a great way to save money. Health savings account An HSA is an individually owned benefits plan funded by you or your employer that lets you save on purchases of eligible expenses.

401(k) 98

401(k) Flexible Spending Account Health Savings Account Flexible Spending 98

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

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

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 first appeared on Best Money Moves.

Out of Pocket Cost 59

Out of Pocket Cost Healthcare Health Savings Account Medical 59

WEX Inc.

JULY 9, 2024

Does your health savings account (HSA) have enough funds to carry you through the second half of the year? An HSA allows you to save for future healthcare expenses without having to tap into your retirement fund early for unexpected medical expenses. The IRS set 2025 contribution limits for HSAs.

Health Savings Account 98

Health Savings Account Healthcare Medical Taxes 98

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

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

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

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

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

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.

Deductible 84

Deductible Deductions Health Savings Account Taxes 84

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 86

Software 401(k) Human Resources Payroll 86