WEX Inc.

DECEMBER 3, 2024

Medical flexible spending accounts (medical FSAs) are use-or-lose accounts. Subscribe to our blog so you’ll get benefits tips sent right to your email inbox! The information in this blog post is for educational purposes only. How well do your employees understand their FSA’s plan rules?

Flexible Spending Account 98

Flexible Spending Account Flexible Spending Medical Taxes 98

Money Talk

JUNE 29, 2022

Last year, I wrote a blog post about mid-year financial check-up s for the OneOp Personal Finance team. In it, I urged a review of tax deductions/credits, tax withholding, budgeting/cash flow, flexible spending accounts, financial goal progress, and investment portfolio status.

401(k) 189

401(k) Out of Pocket Cost Finance Flexible Spending Account 189

WEX Inc.

FEBRUARY 15, 2023

Did you recently elect to participate in a medical flexible spending account (FSA) ? What is a medical flexible spending account (FSA)? The information in this blog post is for educational purposes only. WEX receives compensation from some of the merchants identified in its blog posts.

Medical 98

Medical Flexible Spending Account Flexible Spending Taxes 98

WEX Inc.

AUGUST 10, 2023

You might be surprised to learn that your health savings account (HSA) and medical flexible spending account (FSA) can help you save on purchases of a variety of back-to-school, expenses, including: Thermometers. For more insights about HSAs or FSAs, subscribe to our blog or check out our eligible expense list.

Flexible Spending Account 98

Flexible Spending Account Health Savings Account Flexible Spending Medical 98

WEX Inc.

AUGUST 29, 2023

And did you know that a variety of fertility and infertility treatments are eligible for health savings account (HSA) and medical flexible spending account (FSA) funds? The information in this blog post is for educational purposes only. What are fertility benefits? Here are a few to-dos for you.

Flexible Spending Account 98

Flexible Spending Account Health Savings Account Flexible Spending Medical 98

WEX Inc.

AUGUST 7, 2023

Sunscreen can cost as much as $40 a bottle, but did you know you can actually use your health savings account (HSA) or medical flexible spending account (FSA) funds on many SPF-related expenses? Sunscreen There’s a good chance you’re planning on spending some time in the sun over the next few months.

Flexible Spending Account 98

Flexible Spending Account Health Savings Account Flexible Spending Medical 98

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. It is not legal or tax advice.

401(k) 98

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

WEX Inc.

SEPTEMBER 21, 2023

However, for participants of health savings accounts (HSAs) or medical flexible spending accounts (FSAs) , there are ways to alleviate the financial burden associated with vision-related costs. The information in this blog post is for educational purposes only. It is not legal or tax advice.

Health 98

Health Flexible Spending Account Health Savings Account Flexible Spending 98

WEX Inc.

JULY 9, 2023

A dependent care flexible spending account lets participants set aside pre-tax dollars to help pay for dependent care. For example, if you’re putting $5,000 into the account, that would leave $1,000 that you can apply the tax credit to before you’ve reached the $6,000 ceiling for the credit. It is not legal or tax advice.

Flexible Spending Account 98

Flexible Spending Account Flexible Spending Taxes Consulting 98

WEX Inc.

MAY 31, 2023

For those who have health savings accounts (HSAs) or medical flexible spending accounts (FSAs) , there are opportunities to save money on these expenses. The information in this blog post is for educational purposes only. WEX receives compensation from some of the merchants identified in its blog posts.

Medical 98

Medical Flexible Spending Account Health Savings Account Flexible Spending 98

WEX Inc.

AUGUST 14, 2023

A flexible spending account (FSA) carryover is one way you can provide flexibility to employees who participate in these accounts. Read our blog posts on grace periods and run-out periods for the rest of the series. This blog was originally published in August 2021 and most recently updated in August 2023.

Flexible Spending Account 98

Flexible Spending Account IT Flexible Spending Taxes 98

Benefit Resource Inc.

MAY 11, 2021

We think it’s pretty obvious, but we LOVE Flexible Spending Accounts (FSAs). With roughly 160 Flexible Spending Account (FSA)-related blogs on our site concentrating on eligibility, spending options, plan strategy, savings, and more…we cover it all! Check out our other blogs here !

Flexible Spending Account 81

Flexible Spending Account Family and Medical Leave Act Flexible Spending Taxes 81

WEX Inc.

MAY 4, 2023

The IRS requires your flexible spending account (FSA) participants to submit documentation to prove their purchase was an eligible expense. The information in this blog post is for educational purposes only. WEX receives compensation from some of the merchants identified in its blog posts.

Flexible Spending Account 98

Flexible Spending Account Flexible Spending Taxes Medical 98

InterWest Insurance Services

MARCH 22, 2022

Flexible spending account. Call us for more information on how you can set up a flexible benefit plan for your staff. There are several types of flexible benefit plans, including cafeteria plans and flexible spending accounts. Flexible spending accounts.

Flexible Spending Account 96

Flexible Spending Account 401(k) Flexible Spending Deductible 96

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. It is not legal or tax advice.

Flexible Spending Account 95

Flexible Spending Account Health Savings Account Flexible Spending Taxes 95

WEX Inc.

AUGUST 2, 2023

A flexible spending account (FSA) allows participants to save money by setting aside pre-tax dollars to pay for eligible medical, dental , vision and dependent care expenses incurred by you, your spouse, or your eligible dependents. The information in this blog post is for educational purposes only. What happens to it?

Flexible Spending Account 98

Flexible Spending Account Deductible Deductions Health 98

Benefit Resource Inc.

APRIL 7, 2023

You can also read our blog on substantiation. Savings If you have a pre-tax benefit account like a Flexible Spending Account , Health Savings Account , or Commuter Benefit Account , you’re already ahead of the game. If you still have a question on claims, visit our FAQs page.

Taxes 98

Taxes Flexible Spending Account Health Savings Account Flexible Spending 98

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. Right after you log in to your online account or the benefits mobile app, you’ll see a “Tasks” menu. It is not legal or tax advice.

Flexible Spending Account 98

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

WEX Inc.

SEPTEMBER 7, 2023

Flexible spending accounts (FSAs) are a powerful tool for individuals and employers to save money on healthcare and dependent care expenses. The information in this blog post is for educational purposes only. WEX receives compensation from some of the merchants identified in its blog posts. Download now!

Flexible Spending Account 98

Flexible Spending Account Take Home Pay Flexible Spending Healthcare 98

WEX Inc.

DECEMBER 11, 2024

Fortunately, health savings accounts (HSAs) and flexible spending accounts (FSAs) cover many common winter eligible expenses you might turn to this time of year! The information in this blog post is for educational purposes only. WEX receives compensation from some of the merchants identified in its blog posts.

Flexible Spending Account 52

Flexible Spending Account Health Savings Account Flexible Spending Taxes 52

InterWest Insurance Services

OCTOBER 27, 2022

Flexible spending account: With an FSA an employee pays — on a pre-tax basis through salary reduction — for out-of-pocket medical expenses that aren’t covered by insurance (for example, annual deductibles, doctor’s office copayments, prescriptions, eyeglasses and dental costs).

Flexible Spending Account 97

Flexible Spending Account Employment Flexible Spending Deductible 97

McDermott Will & Emery Employee Benefits

NOVEMBER 10, 2023

On November 9, 2023, the Internal Revenue Service (IRS) announced cost-of-living adjustments to the applicable dollar limits for certain health and welfare plan benefits, including those for health flexible spending arrangements and commuter benefit plans, among other important updates.

Health and Welfare 105

Health and Welfare Employee Benefits Flexible Spending Flexible Spending Account 105

WEX Inc.

JANUARY 3, 2023

To kick off another year of providing you with the employee benefits tips and information you need, we wanted to look back at your favorite blog posts from the last year. Here are our top 10 blog posts from 2022: Your HSA when you change jobs Were you among the 20% of workers expected to quit their jobs in 2022?

Education 52

Education Flexible Spending Account Health Savings Account Flexible Spending 52

WEX Inc.

DECEMBER 18, 2024

Flexible spending accounts (FSA) Flexible spending accounts (FSAs) offer a valuable tax-advantaged benefit, but the IRS use-or-lose rule can result in forfeited funds if employees dont use their balances by the deadline. The information in this blog post is for educational purposes only.

Family and Medical Leave Act 52

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

WEX Inc.

MAY 24, 2023

It’s about what a health savings account or a flexible spending account can do for them." The information in this blog post is for educational purposes only. WEX receives compensation from some of the merchants identified in its blog posts. It is not legal or tax advice.

Flexible Spending Account 97

Flexible Spending Account Health Savings Account Benefit Providers Flexible Spending 97

WEX Inc.

SEPTEMBER 14, 2023

An informative blog , educational videos and savings and goal calculators make it easy for you to determine your plan elections. This is your best opportunity to discuss available plans with your employer and learn what has changed from the previous year. The “daily grind” can often get in the way of the big picture, but don’t let it!

401(k) 98

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

Benefit Resource Inc.

JANUARY 16, 2020

So, how will this affect tax advantaged accounts like Flexible Spending Accounts and Health Reimbursement Accounts? In the coming years, it is likely that these accounts will incorporate wellness benefits. Stay on top of the benefits trends pipeline: Sign up for our newsletter and blog.

Health Savings Account 73

Health Savings Account Flexible Spending Account Flexible Spending Taxes 73

WEX Inc.

MAY 2, 2024

Those enrolled in an HSA or a medical flexible spending account (FSA) may also be able to enroll in certain types of HRAs. We support flexible plan designs, empowering you to determine your own benefits goals for your participants by letting you set up your HRA to look however you want. Subscribe to our blog.

Health Savings Account 98

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

Benefit Resource Inc.

JULY 14, 2020

If you’ve read our other blog “ Wait, what do you mean these aren’t eligible under my FSA? Check out more about dual purpose items and other eligible expenses in our blog “ Top 8 places to use your Health FSA “ The post What does “dual purpose” item mean? Defining dual purpose items.

Flexible Spending Account 75

Flexible Spending Account Flexible Spending Medical IT 75

WEX Inc.

JULY 20, 2023

HSA or FSA options Similar to the choice in health plans, many participants told us in the survey that they wanted to choose between either a health savings account (HSA) or a flexible spending account (FSA). The information in this blog post is for educational purposes only.

Deductible 75

Deductible Deductions Flexible Spending Account Health Savings Account 75

InterWest Insurance Services

SEPTEMBER 23, 2024

They have three specific flexible benefits for your employees to choose from: Pre-tax health insurance premium deductions Premium-only plans allow your employees to elect to withhold a portion of their pre-tax salary to pay for their portion of the premium contribution to their employer-sponsored plan.

Flexible Spending Account 94

Flexible Spending Account Benefits Package Deductible Deductions 94

Benefit Resource Inc.

DECEMBER 30, 2022

Take a quick walk through the process of checking an account balance. Choosing between a Health Savings Account (HSA) and a Flexible Spending Account (FSA) can be overwhelming. Both accounts have their own unique features and benefits, but understanding when each is most appropriate can help simplify the choice.

Taxes 75

Taxes Flexible Spending Account Health Savings Account Flexible Spending 75

WEX Inc.

AUGUST 15, 2023

For first-time health insurance and benefits electees, we’re kicking off a three-part blog series just for you to walk through considerations when making these decisions. However, your eligibility for either account can be influenced by the health plan you choose. The information in this blog post is for educational purposes only.

Deductible 98

Deductible Deductions Healthcare Flexible Spending Account 98

InterWest Insurance Services

JUNE 27, 2024

The IRS has issued a new bulletin, reminding Americans that funds in tax-advantaged medical savings accounts cannot be used to pay for general health and wellness expenses.

Out of Pocket Cost 98

Out of Pocket Cost Flexible Spending Account Food Health Savings Account 98

Benefit Resource Inc.

JANUARY 2, 2020

As we close out the decade, we look back at the most educational, news breaking blogs. From tax reform to how-to articles, here are the top 10 blogs from Benefit Resource: Check Your Balance. From the FSAStore to Amazon, here are the best places to use up your Flexible Spending Account funds.

Flexible Spending Account 40

Flexible Spending Account Flexible Spending Health Savings Account Taxes 40

Benefit Resource Inc.

JUNE 4, 2019

Both IVF and insulin treatments are considered eligible expenses under pre-tax benefit accounts. Through an account like a Flexible Spending Account or Health Savings Account (or Health Reimbursement Account, depending on the employer), the exorbitant expense of IVF and insulin are made somewhat more manageable.

Flexible Spending Account 85

Flexible Spending Account Flexible Spending Health Savings Account Insurance 85

WEX Inc.

MARCH 20, 2023

When things change at lightspeed, it is imperative to have team members who understand what you need to do to stay in compliance, but also develop a detailed plan to execute, predict and account for downstream impacts. The information in this blog post is for educational purposes only. Check out our handout.

Employment 98

Employment Flexible Spending Account Flexible Spending Education 98