Proskauer's Employee Benefits & Executive Compensa

JANUARY 31, 2023

provisions make some significant changes for retirement plans , but CAA 2023 also extends the telehealth plan safe harbor for high-deductible health plans (“HDHPs”) that were first introduced in the 2020 CARES Act. Not only do the CAA 2023’s “SECURE 2.0”

Deductible 98

Deductible Deductions Health Savings Account Retirement Plan 98

Health Consultants Group

OCTOBER 1, 2021

Employees still want traditional options such as retirement plans, educational assistance, and health insurance. However, by implementing a Cafeteria Plan, you can also allow employees to select the additional benefits they prefer. . Cafeteria Plan benefits often include. Accident and Health Benefits .

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

WEX Inc.

FEBRUARY 23, 2023

And just because you have an entire plan year ahead doesn’t mean you should wait until November or December to put time and energy into your employee benefits. 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.

Flexible Spending Account 98

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

WEX Inc.

SEPTEMBER 25, 2023

Employees are often more focused on frequently used benefits such as vacation and paid off policies (PTO) rather than insurance, voluntary benefits and retirement plans. For legal or tax advice, you should consult your own counsel. Benefits are also not top of mind for many employees. It is not legal or tax advice.

Voluntary Benefits 98

Voluntary Benefits Health Savings Account PTO Retirement Plan 98

WEX Inc.

NOVEMBER 21, 2024

Beyond the traditional 401(k) match , some employers are introducing student loan repayment matching , helping employees reduce debt while saving for retirement. Employers should prepare for potential changes in healthcare policy, retirement plans, and wage laws. It is not legal, tax or investment advice.

Employee Benefits 59

Employee Benefits 401(k) Employment Health Savings Account 59

Benefit Resource Inc.

NOVEMBER 29, 2023

.” — Unknown Benefits hack #1: COBRA + HSA = Early Retirement Are you anxiously awaiting your 65th birthday so you can retire and enroll in Medicare? 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

WEX Inc.

DECEMBER 12, 2024

Targeted recommendations: By analyzing factors such as age, role, family status, and location, AI can suggest benefits options like health savings accounts (HSAs) , retirement plans, or wellness programs that are most relevant to each employee. Check it out here. It is not legal, tax or investment advice.

Health Savings Account 52

Health Savings Account Benefits Package Retirement Plan Taxes 52

WEX Inc.

NOVEMBER 27, 2024

You must be enrolled in an HDHP to be eligible to participate in a health savings account (HSA). PPOs are a common type of traditional health plan. ” Costs are more manageable when you use providers that are in your plan’s network. For legal or tax advice, you should consult your own counsel.

Deductible 52

Deductible Deductions Health Savings Account Flexible Spending Account 52

WEX Inc.

MAY 28, 2024

There are a variety of ways you can promote mental health in the office , and one way is to provide benefits that support your employees’ needs. For example, your employees can use their health savings account (HSA) to improve their financial wellness and save money on a variety of mental health-related expenses.

Health Savings Account 52

Health Savings Account Medical Retirement Plan Taxes 52

WEX Inc.

DECEMBER 18, 2024

Retirement plan compliance (SECURE 2.0 Act introduces new retirement plan requirements, including automatic enrollment for some plans and changes to required minimum distributions. Action item: Consult with your plan administrator to ensure compliance with 2025 deadlines. Act updates) The SECURE 2.0

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

Insperity

MARCH 12, 2024

Retirement plans Employees want to be able to save for retirement and plan for their futures. The financial wellness of your workforce is especially critical given economic conditions, record-high inflation and high levels of household debt, leading many workers struggling to save enough money.

Family and Medical Leave Act 59

Family and Medical Leave Act Employee Benefits PTO 401(k) 59

Business Management Daily

APRIL 25, 2024

Fringe benefits can include: Cash bonuses Extra vacation time Paternity leave or extended maternity leave On-site amenities Childcare Wellness plans Retirement planning services Monthly stipends for work expenses Unless they’re working in a highly competitive field, most employees expect employers to offer fringe benefits , at least on some level.

Taxes 52

Taxes Retirement Plan Employee Stock Option Transportation 52

Empuls

AUGUST 27, 2024

Retirement plans Basically, it is the retirement plans—401(k) or pension plans—through which an employee receives financial security during service years other than while serving. This category varies from different plans with several options that include PPOs, HMOs, and high-deductible health plans.

Family and Medical Leave Act 40

Family and Medical Leave Act Employee Benefits 401(k) Benefits Package 40

Empuls

JULY 11, 2023

They can range from health insurance coverage to retirement plans, flexible spending accounts, transportation benefits, education assistance, and more. Additionally, employers can deduct the cost of providing health insurance as a business expense.

Employee Benefits 40

Employee Benefits roth 401(k) Flexible Spending Account 401(k) 40

Flimp Communications

OCTOBER 25, 2024

If you expect to be in a higher tax bracket when you reach retirement age (younger employees, this is you), you might want to pay the lower rate now. Consult a financial advisor if you are unsure. For those of you with a health savings account (HSA) tied to a high-deductible health plan (HDHP), your contributions will never expire.

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

Empuls

SEPTEMBER 25, 2023

Some jurisdictions now require certain types of preventative care to be included in employer-sponsored plans. In terms of retirement benefits, new regulations have been introduced that mandate more transparent communication about the investment options available in retirement plans and also the employer match percentages.

Family and Medical Leave Act 40

Family and Medical Leave Act Overtime 401(k) Benefits Package 40

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

WEX Inc.

OCTOBER 1, 2024

Health savings accounts (HSAs) offer a powerful tool for managing healthcare expenses and saving for the future, but how you use them depends on your personal goals and financial situation. For legal or tax advice, you should consult your own legal counsel, tax and investment advisers.

Health Savings Account 52

Health Savings Account Healthcare Medical Taxes 52

WEX Inc.

OCTOBER 17, 2024

As we approach the 2024 United States presidential election, Chris Byrd, senior vice president, health executive and, more broadly, head of Government Affairs at WEX, joined our Benefits Buzz podcast for an insightful conversation on how election years can influence employee benefits. It is not legal or tax advice.

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