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Examples of fringe benefits by category

Business Management Daily

High-Deductible Health Plans (HDHPs) with Health Savings Accounts (HSAs) : HDHPs have lower premiums but higher deductibles compared to traditional health plans. Deductibles can be paid with tax-advantaged/tax-free spending accounts funded by employees and employers. Let IRS Publication 15-B be your tax guide to fringe benefits.

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NEW PODCAST – Bright Side of Benefits – Episode 01: Where are Health Benefits Headed?

Benefit Resource Inc.

But, the good news is that there has been some slowing of that trend, which aligns with the increased use of deductibles. The average deductible for a PPO increased from around $201 in 2001 to nearly $1,700 in 2021. But I guess I could say gone are the days of the $250 to $500 deductible. Let’s take a look at that.

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Spring Cleaning with Your Eligible Expenses

Benefit Resource Inc.

If you have a high deductible health plan, which can be paired with an HSA (Health Savings Account), talk to your insurer or employer about any available discounts or incentive programs that may reduce your out-of-pocket costs. Additionally, consider using generic medications instead of brand-name ones, which can be significantly cheaper.

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What is a PEO?

Insperity

The PEO becomes your payroll service provider, managing the regular compensation of your employees, along with payroll record maintenance and management, payroll compliance, online paystubs and W-2s, payroll management reports, garnishment and deduction administration and PTO accruals. HR administration. Recruiting support.

Payroll 101
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It’s time to embrace online benefits enrollment

PeopleStrategy

This process can start before seminars even take place: Jellyvision recommends using email campaigns, infographics and other marketing tools to remind employees that enrollment is coming and to provide them with essential details about major plan changes or new offerings.

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Tax Tips for Germany

Global People Strategist

Expats can also ask the state for a deduction on their tax payments. Requesting the state for a tax deduction on account of childcare expenses is not limited to young kids. If you work in Germany and had to establish a home office, you can claim tax deductions on account of the costs incurred in setting up your workspace.

Taxes 52
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Can Employees Volunteer to Work for Free?

UpstartHR

During the seminar, the speaker reminded us that having interview notes and other data available could help in the event of an investigation. I understand that I will not be compensated for the additional 8 hours I take off and that those hours will not be deducted from my leave balance. Remember my visit to the OFCCP a few years back?