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How to Be Smart About FSA Spending

Benefit Resource Inc.

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! Interested in shopping online? No problem!

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5 Pre-Tax Tools to Keep Your Stress Levels Low

Benefit Resource Inc.

BONUS: ID Theft Services are comprehensive and can cover your bank accounts, medical IDs, social security numbers and even email addresses. 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.

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What are The Pre-Payroll activities? A detailed overview

Qandle

Overtime and Bonuses: If employees are eligible for overtime pay or if there are any bonus payments, you need to gather the necessary data. Benefits and Deductions: Collect information related to employee benefits and deductions, such as health insurance, retirement contributions, flexible spending accounts, loan repayments, or garnishments.

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What are employee wellness initiatives? (Plus, 5 key initiatives for your team)

Best Money Moves

Common incentives for participation include cash bonuses, reducing contributions towards health insurance and providing a flexible spending account. Some employees may be dissuaded or nervous in volunteering in a program like this.

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16+ types of employee benefits you should consider

Genesis HR Solutions

Flexible Spending Account (FSA). 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.

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How to be an employer of choice – even in uncertain times

Insperity

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.

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Leap year! How to handle 27 biweekly payrolls in 2020

Business Management Daily

Ditto for bonuses that are based on actual wages paid. Best practice: List all benefits and deductions to determine whether they’re impacted: Medical, dental, life, vision, group-term life insurance, long-term disability, dependent care, flexible spending accounts and health savings accounts.

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