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Mid-Year Financial Tweaks and Tasks

Money Talk

Consider completing the paperwork needed to save more money from July to December in your employer’s tax-deferred retirement savings plan. Even 1% more of pay in savings adds up over time. Health Savings Account (HSA) Tweak - By mid-year, you know what you already spent for health care services through June.

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How Do Wellness Incentives Drive Great Employee Engagement?

Empuls

Wellness incentives recognize the multifaceted nature of employee health and create a culture that prioritizes well-being.    The rewards themselves can be diverse, ranging from reduced healthcare premiums to contributions to health savings accounts, gym memberships, or even cash bonuses.    3.

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3 in 4 Workers Would Accept Lower-Pay for Better Benefits: Survey

InterWest Insurance Services

As we approach open enrollment season for policies incepting at the start of the year, the study findings provide food for thought as you try to balance your benefit offerings with employee salaries. 51% said that high health care costs were having a major or significant impact on their ability to save for retirement.

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Utilizing Pre-Tax Benefits to Prioritize Health in 2023

Benefit Resource Inc.

If you’re in the 70% of people who have health-related goals for 2023, let’s take a look at how pre-tax benefits can help set goals and prioritize your health this year and beyond. Whether it’s exercising more frequently or eating healthier foods, setting SMART goals is key when it comes to making positive changes in your life.

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Take care of your teeth by doing these 3 things

Benefit Resource Inc.

It’s a great partner plan if you have or want to enroll in a Health Savings Account (HSA). Since the full annual election is available at the beginning of the plan year, you can save on dental and vision costs while letting funds build in your HSA. Copayments and dental plan deductibles. for a cleaning.

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Reshape Your Employee Benefits Strategy Thru Workforce Persona Analysis

Griffin Benefits

Roughly 50% to 75% of them are still on their parents’ health plan and just starting to learn about benefits and how to engage. They don’t need medical benefits, don’t seek to understand deductibles, and care more about pet insurance, invisible braces, and their student loans than a Health Savings Account.

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FSA eligible expenses — what purchases count?

Business Management Daily

Many employees are coming to the end of the year and realizing that they still have a lot of money in their FSA accounts that they need to spend. They may also be questioning whether they have a need for an FSA and if so, how much they should choose to have deducted each month. Copays, co-insurance, and deductibles for medical care.