Benefit Resource Inc.

OCTOBER 16, 2018

” Too bad making your pre-tax benefit account decisions is not as easy as pointing and saying “Eenie meenie miney mo – Which account should I choose?” What if you could choose the right pre-tax benefit accounts by answering four questions? What is the account? How do I save?

Health Savings Account 55

Health Savings Account Flexible Spending Account Flexible Spending Medical 55

PeopleKeep

NOVEMBER 12, 2021

If you’re looking to supplement your organization’s group health insurance plan to help cover your employees’ out-of-pocket costs, you have two main options: Section 105 plans , such as the group coverage HRAs (GCHRAs), and Section 125 cafeteria plans , such as health savings accounts (HSAs). Short on time?

Health Savings Account 52

Health Savings Account Out of Pocket Cost Health Insurance Deductible 52

Best Money Moves

AUGUST 18, 2021

Health Insurance is especially useful for a multigenerational team because it’s applicable to individuals of all ages and situations, even those who are otherwise healthy individuals. . In addition to standard group health insurance, you might consider offering your team access to a health savings account, or HSA.

Health Insurance 83

Health Insurance Health Savings Account Insurance Benefits Package 83

CorpStrat

JANUARY 17, 2023

The following commonly offered Employee Benefits are subject to these limits: High deductible health plans (HDHPs) and health savings accounts (HSAs). Health flexible spending accounts (FSAs). DOWNLOAD OUR FREE PDF DETAILING 2023 LIMIT INCREASES: DOWNLOAD PDF. Health FSA carryover limit.

401(k) 52

401(k) Employee Benefits Flexible Spending Account Health Savings Account 52

PeopleKeep

OCTOBER 29, 2021

Employers offering a high deductible health plan (HDHP) have several ways to offset the higher out-of-pocket costs and make the benefit more meaningful for employees. One way is to offer a health savings account (HSA) alongside the HDHP. Download our HRA and HSA compatibility guide.

Out of Pocket Cost 52

Out of Pocket Cost Health Savings Account Health Insurance Deductible 52

WEX Inc.

OCTOBER 12, 2023

Health savings accounts (HSAs) HSA participants save money by contributing funds to their HSA pre-tax. Ensure these resources highlight the triple-tax savings, long-term investment potential, and portability between jobs that HSAs offer. Download now! It is not legal or tax advice.

Education 52

Education Health Savings Account Taxes Consulting 52

Benefit Resource Inc.

JUNE 29, 2021

Within the pre-tax benefit space, your work is cut out for you as a human resource professional. Now that you’ve explained (again) how insurance works, you get to begin the real work of teaching employees the difference between Flexible Spending Accounts (FSAs) and Health Savings Accounts (HSAs).

401(k) 78

401(k) Deductible Deductions Flexible Spending Account 78

Benefit Resource Inc.

OCTOBER 30, 2018

When it comes to pre-tax benefits specifically, we found three areas that are common culprits: Gaps in understanding of pre-tax benefits. Minimal integration of pre-tax benefits. Gaps in u nderstanding of pre-tax benefits. best practices for funding pre-tax accounts alongside a health plan.

Flexible Spending Account 56

Flexible Spending Account Taxes Health Savings Account Flexible Spending 56

Corporate Synergies

AUGUST 6, 2018

Health savings accounts can be a good deal for employees. High deductible health plans (HDHPs) are on the rise as a growing number of employers turn to consumer-directed health plans to try to curb costs—the portion of employees enrolled in HDHPs rose from 26.3% HSA value isn’t always obvious. As Seen In.

401(k) 40

401(k) Health Savings Account Retirement Plan Deductible 40

PeopleStrategy

DECEMBER 12, 2023

Let’s get into these areas that deserve another look before the new year starts: health savings accounts, overtime, retirement, remote employment, and the Affordable Care Act. HSA Compliance Health savings accounts (HSAs) have become commonplace in the last several years as a way to offset high deductible health plans.

401(k) 52

401(k) Overtime Health Savings Account Retirement Plan 52

Benefit Resource Inc.

JUNE 1, 2023

Of those, more than seven in ten employers (71 percent) also offer a health savings account with employer funding. An additional tool can be pairing an HSA-HDHP with a Limited Flexible Spending Account (or Limited FSA). Employees can use two tax-advantaged accounts to cover many primary eligible expenses.

Flexible Spending Account 52

Flexible Spending Account Healthcare Health Savings Account Deductions 52

Insperity

DECEMBER 13, 2018

HSA is the acronym for health savings account; FSA is the acronym for flexible spending account. An easy, basic way to distinguish what each account is intended for is by focusing on what the letter “S” represents in each: savings and spending. A health care FSA is a very different animal.

401(k) 57

401(k) Deductible Deductions Taxes 57

Benefit Resource Inc.

SEPTEMBER 8, 2021

Some people might want benefits that can be used to support children, like a General or Limited Flexible Spending Account (FSA) or a Dependent Care FSA. But others may be interested in long-term saving goals or retirement planning. Instead, stick to the basics of how to use accounts. Discuss money and communicate clearly.

Health Savings Account 40

Health Savings Account Flexible Spending Account Finance Flexible Spending 40

WEX Inc.

SEPTEMBER 5, 2023

For example, if you offer a health savings account (HSA) , you may have some employees who use the account to save money on immediate needs , while others are investing funds and/or building a balance for retirement. Download now! It is not legal or tax advice.

Health Savings Account 52

Health Savings Account Taxes Education Benefits Package 52

Hppy

JUNE 7, 2018

Employers should also revisit plans with changing health care needs of employees. Health Savings Accounts (HSAs) Offer Financial Reprieve. HSAs cover qualified medical costs, but they also help save for the long-term since dollar amounts roll over and offer several tax advantages, such as writing off your contributions.

Retirement Plan 50

Retirement Plan 401(k) Health Savings Account Education 50

Corporate Synergies

FEBRUARY 11, 2019

A flexible spending account (FSA), which can be used to cover childcare and medical costs tax-free. A health savings account (HSA), which can also be used to cover medical expenses tax-free. Employees need to understand taxes involved in childcare services, such as employing a nanny.

Health Insurance 47

Health Insurance Insurance Insurance Carriers Out of Pocket Cost 47

Corporate Synergies

AUGUST 15, 2018

Older workers approaching full retirement age (where they can begin receiving 100% of Social Security), face daunting decisions this, Medicare, and retirement plans such as health savings accounts (HSAs) and 401(k)s. 5 AARP , “Can I Have a Health Savings Account as Well as Medicare?”. It’s complicated.

401(k) 40

401(k) Education Health Savings Account Employment 40

Benefit Resource Inc.

APRIL 7, 2021

We explored funding options for an HRA VEBA and how the account compares to other health reimbursement accounts and health savings accounts. The session concluded with a look at how to select and maintain investments tied to HRA VEBAs and how HRA VEBAs interact with other pre-tax plans.

Health Savings Account 40

Health Savings Account Medical Taxes Employee Benefits 40

Corporate Synergies

AUGUST 19, 2019

Health savings accounts are designed for the long term, but most employees use funds for current healthcare expenses. Health savings accounts (HSAs) continue to increase in popularity, but not without issues for both employees and employers. 3 Ways Retirees Save Taxes with an HSA. As Seen In.

Employment 40

Employment Health Savings Account Banking Deductible 40

Genesis HR Solutions

JULY 3, 2019

Learn how to simplify the process: Download The Small Business Guide To Payroll today. Indirect Compensation: Taxes. Social security tax. Unemployment tax. Health, dental, and vision insurance. Health Savings Accounts (HSA). Commissions. 401(k) matching contributions. Base pay/overtime.

401(k) 40

401(k) Commissions Retirement Plan IT 40

Corporate Synergies

SEPTEMBER 10, 2018

Employers with multiple generations of workers must accommodate a wide range of health and welfare benefits needs. New laws (like the federal tax law) plus evolving regulations around benefits add more to HR’s already full plate. Download PDF Subscribe to the Knowledge Center. No wonder you don’t have time for lunch.

Health and Welfare 40

Health and Welfare Voluntary Benefits Flexible Spending Account Health Savings Account 40

Benefit Resource Inc.

NOVEMBER 5, 2019

I’m here to tell you a secret: Even if you make under $30,000 a year, you can still have money for your company’s health insurance plan and for a plan that can save you on taxes. Like a Health Savings Account or a Flexible Spending Account ). Download a free budgeting app.

Flexible Spending Account 40

Flexible Spending Account Health Savings Account Retail Healthcare 40

Flimp Communications

SEPTEMBER 25, 2024

A health savings account (HSA) or flexible spending account (FSA) will let you pay your drug copays with pre-tax dollars. Health Insurance Explainer Email Template #3: HSA Contributions The tax-slashing benefits of a health savings account (HSA) might be the most misunderstood concept in the benefits landscape.

Health Insurance 98

Health Insurance Insurance Health Savings Account Flexible Spending Account 98

Insperity

NOVEMBER 26, 2024

For example, some employers are adopting health plans that cover, or at least provide some reimbursement for, reproductive health. Add health savings accounts and flexible spending accounts. Provide coverage for mental health care services. If you need help, a PEO can provide assistance.

Employee Benefits 72

Employee Benefits Family and Medical Leave Act PTO Flexible Spending Account 72

Benefit Resource Inc.

OCTOBER 28, 2021

Pre-tax benefits are a great thing to take advantage of whether you’re male or female, young or old…and alive or dead ? For a little “Spooky Season” fun, we take a look at various monsters and match them up with the perfect pre-tax account to help employees see why they should enroll in pre-tax benefits.

Taxes 75

Taxes Health Savings Account Bonuses Health 75

Insperity

MARCH 12, 2024

Flexible spending accounts (FSAs) and health savings accounts (HSAs) HSAs and FSAs can help employees better prepare for medical expenses and, in the case of HSAs, even help employees enhance their retirement savings. Funds can be withdrawn for non-eligible expenses, but they will be taxed.)

Family and Medical Leave Act 59

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