Remove Deductible Remove Health Savings Account Remove Take Home Pay
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Increase Your Financial Well-Being Through Medical Savings

Benefit Resource Inc.

One such way is by utilizing health savings accounts (HSAs) and flexible spending accounts (FSAs). Health Savings Accounts allow employees (and employers) to contribute to a tax-free account to be used for eligible medical expenses. What is an HSA? What is an FSA?

Medical 52
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6 Key HSA Benefits to Communicate to Employees

Flimp Communications

Health savings accounts (HSAs) are amazing tools for addressing the triple pillars of modern anxiety: money, health, and uncertainty about the future. Their tax advantages and investment potential can help employees reduce healthcare costs, save for retirement, and maximize tax refunds.

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Having a Baby? Use Your Pre-Tax Funds to Save

Benefit Resource Inc.

Fortunately, one great way to help with out-of-pocket costs is utilizing a Health Savings Account (HSA). Switch to a high-deductible health plan. Since we had contributed pre-tax to our HSA before birth our take home pay was lower. Let’s Start from the Beginning.

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How to Choose a Health Care Plan

Insperity

Boyle advises that before you start shopping, you need to determine how much money you’re willing and able to spend on your health care plan. Employees aren’t going to opt in to a medical plan that cuts far into their take-home pay. Consider monthly premiums and out-of-pocket co-pays and deductibles. .

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9 Nontaxable Employee Benefits for Maximizing Your Income and Workplace Satisfaction

Empuls

tax free benefits are those that provide financial advantages for both employees and employers by avoiding certain taxes and deductions. Non taxable employee benefits refer to various perks and incentives provided by employers that are exempt from certain taxes and deductions. However, the benefit comes when the stock is sold.

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Understanding the cost of employee benefits & what it means for your company

Genesis HR Solutions

Tax-preferred plans: Health flexible spending accounts, health savings accounts, health reimbursement accounts, transportation accounts, and more. Deductions must be set up in payroll and carrier invoices must be paid each month. How much of an employee’s salary is made up of benefits.