WEX Inc.

OCTOBER 17, 2024

One intriguing possibility is that lower drug prices could lead to a shift in how employees use tax-advantaged benefits like HSAs and flexible spending accounts (FSAs). Consult benefits attorneys: Having access to legal expertise can help navigate complex regulatory landscapes and ensure compliance with new laws.

Employee Benefits 59

Employee Benefits Flexible Spending Account Health Savings Account Out of Pocket Cost 59

WEX Inc.

JANUARY 2, 2025

5 common FSA terms you should know Boost your understanding of flexible spending accounts (FSAs) by mastering these 5 common terms. For legal or tax advice, you should consult your own legal counsel, tax and investment advisers. Check out our blog post to simplify your FSA experience and make the most of your benefits!

Flexible Spending Account 52

Flexible Spending Account Health Savings Account Flexible Spending Taxes 52

WEX Inc.

JANUARY 8, 2025

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. For legal or tax advice, you should consult your own counsel. Weve compiled some tips to help you if you participate in a WEX benefits plan.

Flexible Spending Account 52

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

Money Talk

JANUARY 19, 2022

Estimate Future Retirement Income - Consult an online calculator to understand how a sum of money (savings) can turn into a stream of income. Check Your FSA - Learn the rules for your flexible spending account (FSA). Research studies have found that having guaranteed retirement income (e.g.,

Flexible Spending Account 187

Flexible Spending Account Taxes Pension Deductible 187

WEX Inc.

JANUARY 14, 2025

Schedule workshops or webinars to break down complex topics like: Health savings accounts (HSAs) Flexible spending accounts (FSAs) Retirement planning options Emphasize the total rewards picture Highlight how your benefits program fits into your companys total rewards strategy. It is not legal or tax advice.

Flexible Spending Account 52

Flexible Spending Account Health Savings Account Flexible Spending Retirement Plan 52

HR Lineup

JUNE 15, 2023

It allows employees to explore and select their desired benefits packages from a wide range of options, including health insurance, retirement plans, flexible spending accounts, and more. These include benefits consulting, compliance assistance, and customer support.

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Flexible Spending Account Benefits Package Flexible Spending Retirement Plan 130

WEX Inc.

SEPTEMBER 26, 2024

Your benefits administrator may also offer non-discrimination testing , which is required for flexible spending accounts (FSAs) , health reimbursement arrangements (HRAs) , and more. For legal or tax advice, you should consult your own counsel. Do our employees understand and value their benefits? Download now!

Employment 52

Employment Flexible Spending Account Flexible Spending Education 52

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? For legal or tax advice, you should consult your own legal counsel, tax and investment advisers. 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

Benefit Resource Inc.

APRIL 7, 2023

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. Please consult your mobile carrier for any charges. Each dollar going into a pre-tax benefit account saves you 30 to 40 cents per dollar.

Taxes 98

Taxes Flexible Spending Account Health Savings Account Flexible Spending 98

WEX Inc.

SEPTEMBER 4, 2024

HSAs and FSAs as an option Health savings accounts (HSAs) and flexible spending accounts (FSAs) are among the pre-tax accounts you can contribute funds to and save money on healthcare costs. For legal or tax advice, you should consult your own legal counsel, tax and investment advisers. It is not legal or tax advice.

Deductible 52

Deductible Deductions Flexible Spending Account Healthcare 52

WEX Inc.

OCTOBER 15, 2024

While HSAs combine several of the best features of 401(k)s and flexible spending accounts (FSAs), they are often overlooked and underutilized. For legal, tax, or investment advice, you should consult your own legal counsel, tax, and investment advisers. The information in this post is for educational purposes only.

401(k) 52

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

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. How’s your sunscreen stock?

Flexible Spending Account 98

Flexible Spending Account Health Savings Account Flexible Spending Medical 98

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)? For legal or tax advice, you should consult your own legal counsel, tax and investment advisers. Check out our podcast episode below! It is not legal or tax advice.

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 legal, financial, or tax advice, you should consult your own legal counsel, tax and investment advisers.

Flexible Spending Account 98

Flexible Spending Account Health Savings Account Flexible Spending Medical 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. For legal or tax advice, you should consult your own legal counsel, tax and investment advisers. 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 legal or tax advice, you should consult your own counsel. It’s a smart way to save money on expenses such as childcare or elderly care for a dependent. This blog post was most recently updated in July 2023.

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. For legal or tax advice, you should consult your own legal counsel, tax and investment advisers. Can I use my HSA or medical FSA to pay for dental expenses?

Medical 98

Medical Flexible Spending Account Health Savings Account Flexible Spending 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. Flexible spending account An FSA is an employer-owned account that you use to set aside funds for qualified expenses. For legal or tax advice, you should consult your own counsel.

401(k) 98

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

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. For legal or tax advice, you should consult your own legal counsel, tax and investment advisers. Check out the below FSA documentation cheat sheet. It is not legal or tax advice.

Flexible Spending Account 98

Flexible Spending Account Flexible Spending Taxes Medical 98

WEX Inc.

NOVEMBER 27, 2024

Pre-tax employee benefits plans, such as HSAs and flexible spending accounts (FSAs) , let you save money by putting aside pre-tax dollars to pay for eligible medical, dental, vision and other expenses. For legal or tax advice, you should consult your own counsel. This blog post was most recently updated in November 2024.

Deductible 52

Deductible Deductions Health Savings Account Flexible Spending Account 52

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. For legal, financial, or tax advice, you should consult your own legal counsel, tax and investment advisers. We break down FSA carryovers below. Can FSA funds carry over to next year?

Flexible Spending Account 98

Flexible Spending Account IT Flexible Spending Taxes 98

WEX Inc.

OCTOBER 9, 2024

Health savings accounts (HSAs) and flexible spending accounts (FSAs) are often misunderstood, despite their significant financial advantages. For legal or tax advice, you should consult your own legal counsel, tax and investment advisers. The information in this blog post is for educational purposes only.

Flexible Spending Account 95

Flexible Spending Account Health Savings Account Flexible Spending Taxes 95

Benefit Resource Inc.

MAY 6, 2019

A Dependent Care Flexible Spending Account (DC FSA) helps employees pay for eligible child care expenses by reducing taxable income through payroll deductions. If you are unsure of which option is more beneficial for your particular tax situation, consult a tax professional. What’s the difference? Dependent Care FSA.

Taxes 85

Taxes Flexible Spending Account Flexible Spending Deductible 85

Benefit Resource Inc.

DECEMBER 16, 2022

If you have a Flexible Spending Account (FSA), you’re down to the wire on spending time for the year. Managing a Flexible Spending Account can be stressful, especially when you have excess funds. Consult your plan administrator or Plan Highlights for more information. Need help submitting receipts?

Flexible Spending Account 75

Flexible Spending Account Flexible Spending Medical Food 75

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. For legal or tax advice, you should consult your own counsel. We’ve compiled some tips to help you if you participate in a WEX benefits plan.

Flexible Spending Account 98

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

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. For legal or tax advice, you should consult your own legal counsel, tax and investment advisers.

Flexible Spending Account 98

Flexible Spending Account Deductible Deductions Health 98

Health Consultants Group

OCTOBER 1, 2021

Flexible Spending Accounts: funded by salary reduction. IRS guidelines restrict certain spending account benefits to maximum annual amounts. Call Health Consultants Group at (800) 367-2482. The post Reconsidering your employee benefits priorities appeared first on The Health Consultants Group. Adoption Benefits.

Employee Benefits 86

Employee Benefits Family and Medical Leave Act Flexible Spending Account Health Savings Account 86

Business Management Daily

NOVEMBER 15, 2021

Flexible Spending Accounts allow employees to set aside pre-tax dollars from their paycheck to use for medical or dependent care expenses. While flexible spending accounts are typically associated with medical costs there are a couple of different types of FSAs. Wherever you fall, we have answers for you. Healthcare FSA.

Flexible Spending Account 98

Flexible Spending Account Flexible Spending Medical Healthcare 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. For legal, financial, or tax advice, you should consult your own legal counsel, tax and investment advisers. Download now! It is not legal, financial, or tax advice.

Flexible Spending Account 98

Flexible Spending Account Take Home Pay Flexible Spending Healthcare 98

WEX Inc.

MAY 24, 2023

It’s about what a health savings account or a flexible spending account can do for them." For legal or tax advice, you should consult your own legal counsel, tax and investment advisers. “I think it’s really important to tie it back to things that are meaningful to [employees]….their It is not legal or tax advice.

Flexible Spending Account 97

Flexible Spending Account Health Savings Account Benefit Providers Flexible Spending 97

WEX Inc.

MARCH 20, 2023

Your benefits administrator may also offer non-discrimination testing , which is required for flexible spending accounts (FSAs) , health reimbursement arrangements (HRAs) , and more. For legal or tax advice, you should consult your own counsel. Do our employees understand and value their benefits? Check out our handout.

Employment 98

Employment Flexible Spending Account Flexible Spending Education 98

Insperity

FEBRUARY 13, 2018

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. Promote the money-saving value of a flexible spending account.

401(k) 77

401(k) Disability Insurance Flexible Spending Account Deductible 77

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). For legal, financial, or tax advice, you should consult your own legal counsel, tax and investment advisers.

Deductible 75

Deductible Deductions Flexible Spending Account Health Savings Account 75

WEX Inc.

AUGUST 15, 2023

HSAs and FSAs as an option Health savings accounts (HSAs) and flexible spending accounts (FSAs) are among the pre-tax accounts you can contribute funds to and save money on healthcare costs. For legal or tax advice, you should consult your own legal counsel, tax and investment advisers. It is not legal or tax advice.

Deductible 98

Deductible Deductions Healthcare Flexible Spending Account 98

WEX Inc.

JULY 7, 2023

The IRS’ use-or-lose rule governs flexible spending accounts (FSAs). A flexible spending account (FSA) is an employer-sponsored benefit that allows employees to set aside a portion of their pre-tax salary to pay for qualified medical expenses or dependent care expenses. So what is the use-or-lose rule? What is a FSA?

Flexible Spending Account 52

Flexible Spending Account Flexible Spending Health Savings Account IT 52

WEX Inc.

JANUARY 4, 2023

Flexible Spending Account (FSA) If you were enrolled in an FSA prior to electing COBRA, you may still be able to tap into your FSA funds. Your ability to spend down funds depends on a number of factors, and those factors can be specific to your employer’s FSA. For legal or tax advice, you should consult your own counsel.

Employee Benefits 52

Employee Benefits Flexible Spending Account Health Savings Account Flexible Spending 52

Benefit Resource Inc.

APRIL 21, 2021

Flexible Spending Accounts are not eligible for subsidy. For legal or tax advice, consult your own counsel. There is a subsidy for 100% of premiums (including 2% administration fees) for the cost of Group Health Plans, including: Medical, Dental, Vision, and most HRAs. What is the subsidy period? When will it end?

Flexible Spending Account 74

Flexible Spending Account Taxes Flexible Spending Insurance 74