WEX Inc.

JULY 24, 2023

And it’s a solution you might already be offering: the health savings account. These accounts provide another way for your employees to diversify their efforts to prepare for retirement. HSA contributions made through payroll are not subject to the 7.65% FICA tax. It is not legal, financial, or tax advice.

Retirement Plan 98

Retirement Plan 401(k) Health Savings Account Taxes 98

Flimp Communications

OCTOBER 25, 2024

Am I saving enough for a comfortable retirement?” Will I get hit with a huge tax bill?” “How Here are a few email templates — yours for the taking and adapting — designed to improve employee financial wellness by answering three common questions about money, savings, and taxes: Should I consider a Roth 401(k)?

roth 401(k) 52

roth 401(k) 401(k) Flexible Spending Account Taxes 52

HR Lineup

OCTOBER 21, 2024

Certified 401(k) Professional (C(k)P®) The Certified 401(k) Professional (C(k)P®) credential, offered by The Retirement Advisor University in collaboration with UCLA Anderson School of Management, focuses on the complexities of managing 401(k) plans. Strong focus on U.S.

401(k) 65

401(k) Employee Benefits Retirement Plan Health Savings Account 65

Griffin Benefits

NOVEMBER 1, 2022

The IRS has finally announced adjustments to 2023 contribution limits on various tax-advantaged health and dependent care spending accounts, retirement plans, and other employee benefits such as adoption assistance and transportation benefits. FSA Employer Contribution Limits for 2023. 2023 Retirement Plan Limits Increase.

401(k) 85

401(k) Retirement Plan Health Savings Account Deductions 85

WEX Inc.

AUGUST 22, 2024

Invest your HSA funds Investing your HSA funds can enable your money to grow faster, tax-free, and help supplement your needs long-term while you save for retirement. In fact, only 8% of account holders were investing their HSA balance in 2024. The difference is considerable, and those invested funds are growing tax-free!

401(k) 52

401(k) Health Savings Account Retirement Plan Taxes 52

WEX Inc.

OCTOBER 4, 2023

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

WEX Inc.

MAY 2, 2024

Health reimbursement arrangements (HRAs) and health savings accounts (HSAs) are great tools for you and your employees to save money, and for your employees to prepare for potential medical expenses. For employers, HRAs or HSAs come with perks, including tax savings and increased employee retention.

Health Savings Account 98

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

Griffin Benefits

NOVEMBER 11, 2021

The IRS has finally announced adjustments to 2022 contribution limits on various tax-advantaged health and dependent care spending accounts, retirement plans, and other employee benefits such as adoption assistance and transportation benefits. 2022 Retirement Plan Limits Increase. HSA & HDHP Limits Increase for 2022.

401(k) 56

401(k) Retirement Plan Health Savings Account Deductions 56

WEX Inc.

AUGUST 7, 2024

If you are, then you have a health savings account (HSA). You’ve heard about its investment potential, and you’ve read that an HSA has retirement-planning perks that a 401(k) and IRA don’t have. And you’re investing to grow your funds so they increase at a much higher rate than they would in an HSA’s cash account.

401(k) 93

401(k) Health Savings Account Healthcare Retirement Plan 93

InterWest Insurance Services

MARCH 7, 2024

If you have staff with health savings accounts, they still have until April 15 to make additional contributions to their accounts if they want to reduce their tax bills for last year. Since funds workers contribute to their HSA are made before their salaries are taxed, they reduce their overall taxable income.

401(k) 82

401(k) Health Savings Account Pharmaceutical Deductions 82

WEX Inc.

NOVEMBER 21, 2024

Retirement savings With retirement top-of-mind for many, companies are increasing their focus on retirement savings options. Beyond the traditional 401(k) match , some employers are introducing student loan repayment matching , helping employees reduce debt while saving for retirement.

Employee Benefits 52

Employee Benefits 401(k) Employment Health Savings Account 52

WEX Inc.

OCTOBER 8, 2024

While health savings accounts (HSAs) can support short-term and emergency needs , HSA participants are increasingly taking advantage of these accounts’ investment potential. It is not legal or tax advice. In 2023, HSA investment assets grew 37% year-over-year to nearly $46 billion. Get our free guide.

401(k) 52

401(k) Health Savings Account Deductions Deductible 52

WEX Inc.

OCTOBER 15, 2024

Today, to commemorate National Health Savings Account Awareness Day (HSA Day) celebrated annually on October 15, WEX is highlighting available resources to help employers and employees better understand the impressive value of HSAs for both wellbeing and wallets. Employers’ contributions to employees’ HSAs are tax deductible.

401(k) 52

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

WEX Inc.

SEPTEMBER 18, 2024

If you rarely go to the doctor or would like to enroll in a health savings account (HSA) , an HSA-eligible health plan may be right for you! For example, do you have any new dependents who have healthcare needs and could be covered by a pre-tax benefits plan? Miss out on learning opportunities.

401(k) 52

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

WEX Inc.

SEPTEMBER 14, 2023

If you rarely go to the doctor or would like to enroll in a health savings account (HSA) , an HSA-eligible health plan may be right for you! For example, do you have any new dependents who have healthcare needs and could be covered by a pre-tax benefits plan? Miss out on learning opportunities.

401(k) 98

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

Money Talk

APRIL 28, 2022

Health Savings Accounts - One study found that the tax savings on many employees’ contributions to a health savings account (HSA) increases wealth by more than an employer match on the same employees’ 401(k) contributions. listening to podcasts while walking).

401(k) 185

401(k) Health Savings Account Finance Retirement Plan 185

Benefit Resource Inc.

OCTOBER 13, 2021

HSA Awareness Day is October 15th, and we are so excited to share our love of Health Savings Accounts with…well, everyone! ” – Health Savings Accounts. A Health Savings Account is one of the most versatile pre-tax benefit accounts available and is a great fit for a wide range of people.

401(k) 75

401(k) Health Savings Account Taxes Deductions 75

InterWest Insurance Services

MAY 16, 2024

It can create bad feelings if staff think their health plan offers little coverage thanks to a high deductible that they never reach. It hurts even more if they haven’t funded their health savings account (HSA), which often happens. The many benefits of HSAs Employees contribute pre-tax dollars to the account.

401(k) 82

401(k) Deductions Deductible Health Savings Account 82

CorpStrat

JANUARY 17, 2023

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. Health FSA pre-tax contribution limit. Health FSA carryover limit.

401(k) 52

401(k) Employee Benefits Flexible Spending Account Health Savings Account 52

InterWest Insurance Services

JUNE 6, 2024

It can create bad feelings if staff think their health plan offers little coverage thanks to a high deductible that they never reach. It hurts even more if they haven’t funded their health savings account (HSA), which often happens. The many benefits of HSAs Employees contribute pre-tax dollars to the account.

401(k) 71

401(k) Deductions Deductible Health Savings Account 71

Benefit Resource Inc.

MARCH 28, 2024

Pre-tax benefits are a powerful tool for saving money and maximizing your income. From flexible spending accounts (FSAs) to health savings accounts (HSAs) and commuter benefits, these options offer significant advantages if managed wisely. This includes copayments, deductibles, prescriptions, and more.

Flexible Spending Account 52

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

WEX Inc.

FEBRUARY 23, 2023

In fact, staying on top of your health savings account (HSA) , flexible spending account (FSA) , or any other plan you signed up for throughout the year can pay off for you. Add dependents Your HSA or FSA may cover your dependents’ costs if the dependents are claimed on your tax return. How do you do this?

Flexible Spending Account 98

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

PeopleStrategy

DECEMBER 12, 2023

Let’s get into these areas that deserve another look before the new year starts: health savings accounts, overtime, retirement, remote employment, and the Affordable Care Act. HSA Compliance Health savings accounts (HSAs) have become commonplace in the last several years as a way to offset high deductible health plans.

401(k) 52

401(k) Overtime Health Savings Account Retirement Plan 52

Benefit Resource Inc.

JANUARY 3, 2022

Fortunately, one great way to help with out-of-pocket costs is utilizing a Health Savings Account (HSA). Benefit Resource (BRI) is here to help you use your pre-tax funds to combat some of the costs that come with welcoming your new addition. Switch to a high-deductible health plan. Let’s Start from the Beginning.

Taxes 72

Taxes 401(k) Out of Pocket Cost Health Savings Account 72

Benefit Resource Inc.

AUGUST 6, 2021

Free Health Savings Account? Now, let’s assume those 100 employees contribute $2,000 a year each into their HSA through their pre-tax payroll deduction contributions. Based on the FICA tax rate of 7.65%, you’ll save $15,300. That covers the administrative costs and still leaves you with $12,000 in savings!

401(k) 76

401(k) Health Savings Account Deductions Deductible 76

Flimp Communications

FEBRUARY 7, 2020

We’re in the middle of tax season now and April 15th is closing in fast. For many full-time employees , filing their taxes every year isn’t all that difficult. Conversations about financial wellness need to start somewhere, so why not take advantage of the opportunity tax season affords you? 2020 Tax Season Changes.

Taxes 75

Taxes 401(k) Health Savings Account Finance 75

WEX Inc.

APRIL 3, 2023

Health reimbursement arrangements (HRAs) and health savings accounts (HSAs) are great tools for you and your employees to save money, and for your employees to prepare for potential medical expenses. For employers, HRAs or HSAs come with perks, including tax savings and increased employee retention.

Health Savings Account 52

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

Genesis HR Solutions

MAY 2, 2023

TurboTax ) 401(k): Retirement plans named for the section of the tax code that governs them. ( IRS ) W-4: A form used by employers to withhold the proper amount of federal income tax from employees’ paychecks. ( TurboTax ) 401(k): Retirement plans named for the section of the tax code that governs them. (

Family and Medical Leave Act 52

Family and Medical Leave Act 401(k) Flexible Spending Account Health Savings Account 52

InterWest Insurance Services

JULY 20, 2022

The freebies — Under the Affordable Care Act, health plans are required to cover a list of 10 essential services, particularly preventative procedures like colonoscopies. The various accounts have different rules for what services or medical costs can be reimbursed by these accounts. Financial wellness.

Education 87

Education 401(k) Deductions Deductible 87

InterWest Insurance Services

JANUARY 27, 2023

Urge any employees in HDHPs to sock away funds in their attached health savings accounts for future medical expenses. These accounts are funded with pre-tax dollars and can be saved up for future use. Funds are not taxed when withdrawn, either.

Out of Pocket Cost 79

Out of Pocket Cost 401(k) Deductions Deductible 79

WEX Inc.

APRIL 24, 2023

Traditional Health Plan Calculator , which lets you input your annual doctor visit and prescription expenses to see the plan that’s right for you. Pre-tax benefits savings Premiums aren’t the only way you can save on healthcare costs. Are you comparing an HDHP versus a PPO or other type of traditional health plan?

401(k) 52

401(k) Health Savings Account Deductible Deductions 52

Genesis HR Solutions

SEPTEMBER 22, 2020

According to Healthcare.gov , a Flexible Spending Account (also known as a flexible spending arrangement) is a special account employees put money into that they use to pay for certain out-of-pocket health care costs. Health Savings Account (HSA). Employers fund and own accounts. Healthcare.gov ).

401(k) 98

401(k) Employee Benefits Disability Insurance roth 401(k) 98

Benefit Resource Inc.

APRIL 4, 2024

One often-overlooked gem in the world of benefits is the Health Savings Account (HSA). Understanding HSAs HSAs are tax-advantaged savings accounts designed to help individuals save for medical expenses. Tax-Efficient Savings In retirement, healthcare expenses tend to increase.

401(k) 52

401(k) Retirement Plan Benefits Package Deductions 52

InterWest Insurance Services

JUNE 16, 2022

Typically, employers will arrange for workers to contribute a portion of their pay, pre-tax, into a health savings account, which they can later use to pay for health services and medicine. Employees can keep the accounts, and even move them between employers.

401(k) 88

401(k) Health Insurance Health Savings Account Human Resources 88

InterWest Insurance Services

NOVEMBER 10, 2022

If you have Gen Z workers, you should consider sending out e-mail blasts to them about this law and that if they are turning 26 in the coming year, they’ll need to find new coverage other than their parents’ Health savings accounts. These accounts can be kept for life and transferred to new employers.

401(k) 74

401(k) Health Savings Account Health Insurance Insurance 74

Benefit Resource Inc.

JUNE 23, 2020

When talking about saving money for the future, the first thing that tends to come to mind is retirement accounts like a 401(k) or IRA. In addition to a general retirement account, consider a Health Savings Account (HSA). Stow it and grow it with a Health Savings Account.

401(k) 76

401(k) Health Savings Account Banking Taxes 76

Benefit Resource Inc.

NOVEMBER 29, 2023

We are all faced with choices every day which can lead you to save time or money. You might plan for retirement by contributing to a 401k plan. Use paid time (and personal savings) for a relaxing vacation. You have a healthy retirement plan with a 401K, but lack options for comprehensive group medical benefits.

401(k) 98

401(k) Medical Retirement Plan Health Savings Account 98