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.

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. The tax savings are significant.

Flexible Spending Account 95

Flexible Spending Account Health Savings Account Flexible Spending Taxes 95

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

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

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

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

Business Management Daily

JANUARY 5, 2021

The law also extends expiring tax provisions and everything that could be jammed into 5,593 pages of federal legislation three days before Christmas. The key payroll provisions include: An extension of the paid sick/ family leave provisions and your tax credit for providing leave. Extensions of popular payroll tax provisions.

Family and Medical Leave Act 52

Family and Medical Leave Act Payroll 401(k) Taxes 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 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

Qandle

AUGUST 26, 2022

percent between 2017 and 2025, according to market research. Wage and benefit calculations and tax filings may be done mechanically. Facilitated fiscal administration: One of the most time-consuming tasks for human resources workers is tax management. Core HR software is expected to grow by 9.4 What makes Gusto HR special?

Software 86

Software 401(k) Human Resources Payroll 86