Benefit Resource Inc.

JANUARY 16, 2024

An excellent benefits package is one important component that is vital to this effort. The Significance of a Well-Designed Benefits Package: A well-designed benefits package goes above and above to establish a work environment that fosters financial security and well-being.

Benefits Package 52

Benefits Package Flexible Spending Account Health Savings Account Flexible Spending 52

InterWest Insurance Services

MARCH 22, 2022

One way you can give your staff more choice in the employee benefits they receive is to offer them a cafeteria plan, which allows them to put together a benefits package that works best for them. Employers fund these flexible benefit plans with funds that are deducted from their employees’ salaries on a pre-tax basis.

Flexible Spending Account 96

Flexible Spending Account 401(k) Flexible Spending Deductible 96

HR Lineup

JUNE 9, 2023

One of the key strengths of PES Benefits lies in its ability to customize benefit plans to align with the specific goals and values of each organization. Additionally, PES Benefits recognizes the importance of supporting employees’ financial well-being beyond retirement planning.

Retirement Plan 130

Retirement Plan Flexible Spending Account Flexible Spending Life Insurance 130

InterWest Insurance Services

SEPTEMBER 23, 2024

The benefits are free from federal and state income taxes, employees’ taxable income is reduced and that means that employers don’t have to pay FICA on those dollars. Cafeteria plans enhance your employee benefits package while boosting your margins. The plan offers a simple way to reduce the cost of their benefits.

Flexible Spending Account 94

Flexible Spending Account Benefits Package Deductible Deductions 94

Business Management Daily

NOVEMBER 15, 2021

Open enrollment is underway for many companies right now and one benefits offering that may be on the menu this year is an FSA. Employers are constantly looking for ways to remain competitive in their benefits offerings, and an FSA is a great add-on to your benefits package. Wherever you fall, we have answers for you.

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Flexible Spending Account Flexible Spending Medical Healthcare 98

WEX Inc.

SEPTEMBER 7, 2023

Most employees are about to have the opportunity to re-evaluate their benefits options during open enrollment. Flexible spending accounts (FSAs) are a powerful tool for individuals and employers to save money on healthcare and dependent care expenses. Want to learn more about how you can support your employees?

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Flexible Spending Account Take Home Pay Flexible Spending Healthcare 98

InterWest Insurance Services

NOVEMBER 11, 2024

With answers and feedback in hand you can create a benefits package which is more appealing to them, which in turn gives you a competitive edge when attracting and retaining workers. Engage employees and solicit feedback through quarterly employee-benefits round table meetings.

Flexible Spending Account 96

Flexible Spending Account Pharmaceutical Health Savings Account Flexible Spending 96

WEX Inc.

MAY 24, 2023

“It’s about what a health savings account or a flexible spending account can do for them." Increase communication One main reason why employees don’t understand their benefits is a lack of communication from their employers.

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Flexible Spending Account Health Savings Account Benefit Providers Flexible Spending 97

InterWest Insurance Services

JULY 20, 2022

It always takes more time than usual to onboard new employees — particularly ones who are new to the workforce altogether — to your employee benefits plans. The various accounts have different rules for what services or medical costs can be reimbursed by these accounts. Most students in the U.S.

Education 98

Education 401(k) Deductible Deductions 98

Benefit Resource Inc.

FEBRUARY 14, 2022

Here are the three reasons why you should love your benefits package! That’s why employers should be offering medical and health-related benefits. A Medical Flexible Spending Account (Medical FSA), Health Savings Account (HSA), or Health Reimbursement Account (HRA) are great places to start.

401(k) 81

401(k) Flexible Spending Account Health Savings Account Benefits Package 81

Insperity

AUGUST 25, 2020

This can look like: Using well-known carriers for the health insurance options you sponsor Contributing to a health savings account or flexible spending account for employees Offering an employee assistance program (EAP) Matching a percentage of employee retirement plan contributions.

Employment 103

Employment PTO Flexible Spending Account Health Savings Account 103

Best Money Moves

OCTOBER 13, 2023

Eighty-seven percent of employees consider health and wellness benefits when choosing an employer, according to a study by recruiting website Zippia. Adding wellness initiatives programs to your benefits package can provide your company an advantage in attracting talent over your competitors.

Employee Wellness 105

Employee Wellness Flexible Spending Account Flexible Spending Health Insurance 105

WEX Inc.

JULY 20, 2023

In the first post of this year’s open enrollment series, we break down some of the common feedback we received from those who said their benefits options were lacking so you can build the best benefits package going into your open enrollment.

Deductions 75

Deductions Deductible Flexible Spending Account Health Savings Account 75

Benefit Resource Inc.

MAY 27, 2021

Over the years, dental insurance has been shifting from a semi-rare fringe benefit to a standard component of most benefit packages. Fortunately, there’s another option… Enroll in a Limited Purpose Flexible Spending Account (FSA). Here are some steps to keep those pearly whites shining bright.

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Flexible Spending Account Flexible Spending Health Savings Account Health 75

Benefit Resource Inc.

FEBRUARY 28, 2023

That includes being aware of how Health Savings Accounts (HSAs) and Flexible Spending Accounts (FSAs) can play a role in helping staff save money—which could result in improved financial security among company members.

Flexible Spending Account 52

Flexible Spending Account Health Savings Account Flexible Spending Benefits Package 52

Insperity

OCTOBER 31, 2017

From employer-sponsored health insurance to retirement savings plans, an attractive benefits package can help you hire the best employees and ensure you retain them for many years to come. But as incredible as it may seem, many employees don’t take full advantage of all the benefit options their employer offers.

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Out of Pocket Cost Disability Insurance Health Insurance Flexible Spending Account 85

Best Money Moves

JULY 8, 2020

HR trends forecast the most desired employee benefits for 2021 like financial wellness programs and flexible work arrangements. It’s time for employers to start planning their employee benefits packages for 2021. 4 Paid Time Off.

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Employee Benefits Out of Pocket Cost Flexible Spending Account Health Insurance 111

Benefit Resource Inc.

JULY 19, 2023

As employers work to navigate these uncertain times, offering effective and comprehensive benefits packages have become a priority. Offering healthcare financial tools such as health savings accounts (HSAs) and flexible spending accounts (FSAs) are an important part of any employee’s suite of employee benefits.

Employee Benefits 52

Employee Benefits Flexible Spending Account Health Savings Account Flexible Spending 52

Higginbotham

JULY 12, 2024

Employers can help their workers by offering dependent care assistance plans as part of their employee benefits package. A dependent care assistance plan or program (DCAP) is a type of employee benefit designed to help workers pay for care for their qualifying dependents.

Employee Benefits 52

Employee Benefits Flexible Spending Account Benefits Package Flexible Spending 52

Insperity

FEBRUARY 13, 2018

Start by offering a solid benefits package that includes a great portfolio of health insurance options to choose from. This alone can help ease some of your employees’ money concerns because they will have the opportunity to get things like medical insurance, disability, flexible spending accounts, retirement plans and more.

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401(k) Disability Insurance Flexible Spending Account Deductions 77

Benefit Resource Inc.

MAY 2, 2023

Offering pre-tax benefits First, if employee benefits aren’t already offered, employers can help alleviate the financial burden of healthcare costs for their employees by providing pre-tax benefits. This can include increasing the number of pre-tax deductions available to employees.

Employment 52

Employment Flexible Spending Account Benefits Package Healthcare 52

Benefit Resource Inc.

JULY 31, 2023

Amidst the excitement, many may not know that their Flexible Spending Account (FSA) can be a valuable resource for purchasing back-to-school items. An FSA is a pre-tax benefit account offered by many employers as part of their benefits package. What is an FSA?

Utilities 52

Utilities Flexible Spending Account Flexible Spending Medical 52

Higginbotham

JUNE 14, 2022

Flexible Spending Accounts (FSAs) have emerged as one solution. FSA programs can be a good fit for many employee health benefit programs, but before being able to decide, you may have some questions – for example, how do FSAs work? Flexible Spending Account vs. Health Savings Account.

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Flexible Spending Account Health Savings Account Deductions Deductible 52

Higginbotham

OCTOBER 14, 2022

Health insurance is a key element of any employee benefits package, but small business owners should consider offering other benefits as well. Other Key Benefits. In addition to the basic benefit staples that many employees expect, small business may want to round out their employee benefits package with other options.

Employee Benefits 52

Employee Benefits Family and Medical Leave Act Disability Insurance Paid Sick Leave 52

Higginbotham

JANUARY 12, 2024

Note that rules vary by account type, so check with the IRS for details on your organization’s specific health account. Attracting Talent: A robust benefits package can help set your company apart from other employers. This can reduce the income taxes that employees owe. Learn more.

Flexible Spending Account 52

Flexible Spending Account Health Savings Account Deductions Deductible 52

Higginbotham

OCTOBER 13, 2023

According to the Society for Human Resource Management (SHRM), Lifestyle Spending Accounts are more common in Canada, but they’re starting to receive attention in the U.S., especially as employers look at options beyond standard benefits packages to help improve recruitment, retention and turnover.

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Flexible Spending Account Health Savings Account Flexible Spending Taxes 52

Benefit Resource Inc.

NOVEMBER 22, 2022

With a pre-tax benefit, you’re able to deduct the cost of your benefits from your taxes before you calculate what you owe. There are several different types of pre-tax benefits that you may be eligible for, including Flexible Spending Accounts (FSA), Health Savings Accounts (HSA), and Commuter Benefits.

Employee Benefits 52

Employee Benefits Flexible Spending Account Flexible Spending Health Savings Account 52

Insperity

MARCH 28, 2019

From basic benefits like medical and dental coverage, to health care flexible spending accounts and life insurance, the list of benefits you’ll have to manage can grow quickly. Having a rich benefits package is a healthy way to attract top talent.

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Family and Medical Leave Act Flexible Spending Account Software Education 79

Benefit Resource Inc.

NOVEMBER 5, 2021

Employers have come to trust and rely on BRI for their tax-free benefits needs. BRI provides dedicated administration of tax-free certified employee benefits programs for the following: Commuter Benefit Plans Flexible Spending Accounts Health Reimbursement Accounts Health Savings Accounts.

Employee Benefits 40

Employee Benefits Flexible Spending Account Health Savings Account Flexible Spending 40

Insperity

APRIL 4, 2012

These accounts allow an employer to reimburse employees for qualifying medical expenses and the employer gets to decide what those expenses will be. HRAs are administered by third parties and the money in the account is allowed to roll over from year to year. Purchase health care directly from the health insurance company.

Flexible Spending Account 40

Flexible Spending Account Deductible Deductions Health Insurance 40

Benefit Resource Inc.

OCTOBER 30, 2018

The BRight Ideas Quiz administered by Benefit Resource, Inc. in 2017 revealed several key areas within pre-tax benefits where participant understanding needs improvement. In this section, we’ll explore areas related to Flexible Spending Accounts, Health Savings Accounts, and Health Reimbursement Accounts.

Flexible Spending Account 56

Flexible Spending Account Taxes Health Savings Account Flexible Spending 56

Higginbotham

JULY 12, 2022

HRAs may sound like Health Savings Accounts (HSAs) or Flexible Spending Accounts (FSAs), but there are key differences. This means that employees are not allowed to contribute, and these accounts cannot be funded via employee salary reductions under a cafeteria plan. Learn more about our employee benefits services.

Out of Pocket Cost 52

Out of Pocket Cost Flexible Spending Account Medical Deductions 52

Higginbotham

NOVEMBER 28, 2022

The owner of the account can use it to pay for qualified medical expenses. Unlike Flexible Spending Accounts (FSAs), which are owned by employers, individuals own HSAs. Custom Benefits Packages. Higginbotham can help you build custom benefits packages that match your needs. Who can own an HSA?

Health Savings Account 52

Health Savings Account Out of Pocket Cost Deductions Deductible 52

Higginbotham

OCTOBER 5, 2023

But, to offer more, it is not always necessary to spend more. Competitive advantage can also come from creativity in putting together a benefits package. Offering student loan repayment assistance as part of your benefits package can be a game-changer for attracting and retaining top talent, particularly among younger workers.

Health Insurance 52

Health Insurance Employee Benefits Insurance 401(k) 52

Insperity

APRIL 26, 2018

As a co-employer, the PEO is able to offer a wide variety of benefits to your employees through PEO-sponsored benefit plans, such as medical, dental and vision coverage, a healthcare flexible spending account, and life and disability benefits.

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401(k) Professional Employer Organization Workers’ Compensation Payroll Service 69

Benefit Resource Inc.

SEPTEMBER 28, 2023

With a heightened focus on work-life balance, increased competition for talent, and the proliferation of dispersed workforces, BRI has diversified its offerings to include more robust personalized benefits and pre-tax benefits like Flexible Spending Accounts (FSAs), Health Savings Accounts (HSAs), and commuter benefits.

Flexible Spending Account 52

Flexible Spending Account Health Savings Account Taxes Flexible Spending 52

Higginbotham

DECEMBER 21, 2023

Older workers will be looking for robust health coverage and flexible retirement plans. Providing a range of options allows employees to tailor their benefits packages to match their individual preferences and circumstances. Emphasize Mental Health Benefits Mental health issues were once a taboo topic in the workplace.

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401(k) Benefits Package Retirement Plan Flexible Spending Account 52