WEX Inc.

FEBRUARY 15, 2023

Did you recently elect to participate in a medical flexible spending account (FSA) ? What is a medical flexible spending account (FSA)? The information in this blog post is for educational purposes only. If you’re a first-time medical FSA participant, you may not be familiar with FSA definitions and rules.

Medical 98

Medical Flexible Spending Account Flexible Spending Taxes 98

WEX Inc.

JANUARY 3, 2023

Why adding an FSA makes an HSA even better Did you know that you can participate in both an HSA and a flexible spending account (FSA)? The information in this blog post is for educational purposes only. Get educated with our top 2022 blog posts appeared first on WEX Inc. Learn more about the limits here.

Education 52

Education Flexible Spending Account Health Savings Account Flexible Spending 52

WEX Inc.

AUGUST 7, 2023

Sunscreen can cost as much as $40 a bottle, but did you know you can actually use your health savings account (HSA) or medical flexible spending account (FSA) funds on many SPF-related expenses? Sunscreen There’s a good chance you’re planning on spending some time in the sun over the next few months. How’s your sunscreen stock?

Flexible Spending Account 98

Flexible Spending Account Health Savings Account Flexible Spending Medical 98

WEX Inc.

OCTOBER 9, 2024

Health savings accounts (HSAs) and flexible spending accounts (FSAs) are often misunderstood, despite their significant financial advantages. Maximizing your benefits As open enrollment season approaches, employers should prioritize educating employees about the full range of benefits offered by HSAs and FSAs.

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Flexible Spending Account Health Savings Account Flexible Spending Taxes 95

WEX Inc.

AUGUST 10, 2023

You might be surprised to learn that your health savings account (HSA) and medical flexible spending account (FSA) can help you save on purchases of a variety of back-to-school, expenses, including: Thermometers. The information in this blog post is for educational purposes only. It is not legal, financial, or tax advice.

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Flexible Spending Account Health Savings Account Flexible Spending Medical 98

WEX Inc.

AUGUST 29, 2023

And did you know that a variety of fertility and infertility treatments are eligible for health savings account (HSA) and medical flexible spending account (FSA) funds? The information in this blog post is for educational purposes only. Keep reading if you're interested in supporting your employees with these needs.

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Flexible Spending Account Health Savings Account Flexible Spending Medical 98

WEX Inc.

AUGUST 24, 2023

It’s important not to lose sight of that when developing content and communicating that you offer a health savings account (HSA) , flexible spending account (FSA) , or any other benefits. Plus, it allowed for more flexibility, personalization, and feedback. The information in this blog post is for educational purposes only.

Education 52

Education Flexible Spending Account Health Savings Account Flexible Spending 52

WEX Inc.

MAY 24, 2023

How can your benefits messaging cater to your employees through benefits education? It’s about what a health savings account or a flexible spending account can do for them." Increase convenience Increased convenience to benefits education can have a significant impact on an employee’s ability to understand their benefits.

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Flexible Spending Account Health Savings Account Benefit Providers Flexible Spending 97

WEX Inc.

DECEMBER 3, 2024

Medical flexible spending accounts (medical FSAs) are use-or-lose accounts. The information in this blog post is for educational purposes only. There are limits as to whether (or how much of) your employees’ FSA funds can be carried over into the next plan year. How well do your employees understand their FSA’s plan rules?

Flexible Spending Account 98

Flexible Spending Account Flexible Spending Medical Taxes 98

WEX Inc.

OCTOBER 4, 2023

Participating in a health savings account (HSA) or flexible spending account (FSA) is a great way to save money. Flexible spending account An FSA is an employer-owned account that you use to set aside funds for qualified expenses. The information in this blog post is for educational purposes only.

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

WEX Inc.

SEPTEMBER 21, 2023

However, for participants of health savings accounts (HSAs) or medical flexible spending accounts (FSAs) , there are ways to alleviate the financial burden associated with vision-related costs. The information in this blog post is for educational purposes only. It is not legal or tax advice.

Health 98

Health Flexible Spending Account Health Savings Account Flexible Spending 98

WEX Inc.

JULY 9, 2023

A dependent care flexible spending account lets participants set aside pre-tax dollars to help pay for dependent care. The information in this blog post is for educational purposes only. It’s a smart way to save money on expenses such as childcare or elderly care for a dependent. It is not legal or tax advice.

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Flexible Spending Account Flexible Spending Taxes Consulting 98

Money Talk

JANUARY 19, 2022

Check Your FSA - Learn the rules for your flexible spending account (FSA). When you feel “imposter syndrome” at work or that nobody cares about your paid or volunteer efforts, pull these items out and read them. These plans allow workers to contribute pre-tax income annually for out-of-pocket medical expenses and child/elder care.

Flexible Spending Account 188

Flexible Spending Account Taxes Pension Deductible 188

WEX Inc.

MAY 31, 2023

For those who have health savings accounts (HSAs) or medical flexible spending accounts (FSAs) , there are opportunities to save money on these expenses. The information in this blog post is for educational purposes only. Dental expenses can be a significant financial burden, especially when unexpected dental procedures arise.

Medical 98

Medical Flexible Spending Account Health Savings Account Flexible Spending 98

WEX Inc.

SEPTEMBER 7, 2023

Flexible spending accounts (FSAs) are a powerful tool for individuals and employers to save money on healthcare and dependent care expenses. What you can do: Education is key. The information in this blog post is for educational purposes only. Provide clear, concise resources that explain the ins and outs of FSAs.

Flexible Spending Account 98

Flexible Spending Account Take Home Pay Flexible Spending Healthcare 98

WEX Inc.

FEBRUARY 23, 2023

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. Education is critical to get the most out of your employee benefits. The information in this blog post is for educational purposes only.

Flexible Spending Account 98

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

HR Digest

MAY 21, 2023

Health care flexible spending accounts 3. Education Assistance Education assistance helps you learn more. You will learn better if you have education assistance. Some top choices trending today include: 1. Matching 401(k) contributions 2. Tuition reimbursement 4. Wellness programs 5. Child care benefits 6.

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Benefits Package 401(k) Employee Benefits Disability Insurance 105

Flimp Communications

DECEMBER 10, 2024

As year-end draws closer, countless employees unknowingly leave money on the tablemoney theyve set aside for healthcare through their Flexible Spending Accounts (FSAs). A well-designed Digital Postcard could include: A countdown to the FSA spending deadline. Here are some overlooked ways to use FSA funds: 1.

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Utilities Family and Medical Leave Act Flexible Spending Account Medical 98

WEX Inc.

AUGUST 14, 2023

A flexible spending account (FSA) carryover is one way you can provide flexibility to employees who participate in these accounts. The information in this blog post is for educational purposes only. We break down FSA carryovers below. Read our blog posts on grace periods and run-out periods for the rest of the series.

Flexible Spending Account 98

Flexible Spending Account IT Flexible Spending Taxes 98

Benefit Resource Inc.

DECEMBER 5, 2023

BRI) has introduced a groundbreaking resource – the “New to Benefits Education Series” – designed to empower newcomers with the knowledge and confidence needed to navigate the complexities of pre-tax benefits and COBRA. Recognizing this need, Benefit Resource, Inc. Comprehensive Resources: The series is not limited to FAQs alone.

Education 52

Education Taxes Employee Benefits Flexible Spending 52

WEX Inc.

MARCH 20, 2023

Your benefits administrator may also offer non-discrimination testing , which is required for flexible spending accounts (FSAs) , health reimbursement arrangements (HRAs) , and more. The information in this blog post is for educational purposes only. Do our employees understand and value their benefits?

Employment 98

Employment Flexible Spending Account Flexible Spending Education 98

InterWest Insurance Services

JULY 4, 2024

It emphasizes that employees often choose health plans that will end up costing them more than it should in terms of out-of-pocket expenses or premiums, and that employers should help by providing assistance and education. During your educational sessions, provide scenarios of how choosing the wrong plan can financially burden an enrollee.

Voluntary Benefits 81

Voluntary Benefits Flexible Spending Account Deductible Deductions 81

WEX Inc.

AUGUST 2, 2023

A flexible spending account (FSA) allows participants to save money by setting aside pre-tax dollars to pay for eligible medical, dental , vision and dependent care expenses incurred by you, your spouse, or your eligible dependents. The information in this blog post is for educational purposes only.

Flexible Spending Account 98

Flexible Spending Account Deductible Deductions Health 98

WEX Inc.

SEPTEMBER 14, 2023

An informative blog , educational videos and savings and goal calculators make it easy for you to determine your plan elections. This is your best opportunity to discuss available plans with your employer and learn what has changed from the previous year. The “daily grind” can often get in the way of the big picture, but don’t let it!

401(k) 98

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

Achievers

MARCH 12, 2019

If that’s not feasible, you may be able to join the 58 percent of smaller firms (and 83 percent of larger ones) who offer a dependent care flexible spending account. Offer Financial Education for Employees. A few companies such as Patagonia find it cost-effective to provide on-site childcare for employees.

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Flexible Spending Account PTO Flexible Spending Paid Leave 128

Insperity

NOVEMBER 26, 2024

Add health savings accounts and flexible spending accounts. Provide general financial education at no cost or low cost through trusted third-party resources. Reimburse employees’ tuition costs for obtaining higher education or continuing career education while they’re employed at your company.

Employee Benefits 69

Employee Benefits Family and Medical Leave Act PTO Flexible Spending Account 69

Health Consultants Group

OCTOBER 1, 2021

Flexible work options. Employees still want traditional options such as retirement plans, educational assistance, and health insurance. Flexible Spending Accounts: funded by salary reduction. IRS guidelines restrict certain spending account benefits to maximum annual amounts. Consider Cafeteria Plan options .

Employee Benefits 86

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

WEX Inc.

DECEMBER 11, 2024

Fortunately, health savings accounts (HSAs) and flexible spending accounts (FSAs) cover many common winter eligible expenses you might turn to this time of year! The information in this blog post is for educational purposes only. For many, winter is as synonymous for snowflakes as it is for sinus problems.

Flexible Spending Account 52

Flexible Spending Account Health Savings Account Flexible Spending Taxes 52

Best Money Moves

OCTOBER 13, 2023

Fitness classes and health education Encouraging your employees to exercise can positively impact both their physical and mental health. Common incentives for participation include cash bonuses, reducing contributions towards health insurance and providing a flexible spending account.

Employee Wellness 106

Employee Wellness Flexible Spending Account Flexible Spending Health Insurance 106

WEX Inc.

JANUARY 2, 2025

5 common FSA terms you should know Boost your understanding of flexible spending accounts (FSAs) by mastering these 5 common terms. The information in this blog post is for educational purposes only. Check out our blog post to simplify your FSA experience and make the most of your benefits! It is not legal or tax advice.

Flexible Spending Account 52

Flexible Spending Account Health Savings Account Flexible Spending Taxes 52

Insperity

OCTOBER 31, 2017

It’s likely a result of ineffective communication and education. Leverage new-employee orientation and the hiring process to educate new team members about benefits. Be sure they have the tools they need to make educated decisions. How does a flexible spending account work?

Out of Pocket Cost 84

Out of Pocket Cost Disability Insurance Health Insurance Flexible Spending Account 84

Money Talk

AUGUST 5, 2021

Also, cash-back and low-interest credit cards, pre-tax employer flexible spending accounts, negotiating (a.k.a., Each summer, AARP Bulletin publishes a 99 Great Ways to Save article with money-saving ideas.

Flexible Spending Account 100

Flexible Spending Account Banking Medical Flexible Spending 100

Benefit Resource Inc.

JANUARY 16, 2024

Health Savings Accounts (HSAs) and Flexible Spending Accounts (FSAs) are two of the most effective instruments for optimizing health savings and financial flexibility for both employers and employees among the different components of a comprehensive benefits strategy.

Benefits Package 52

Benefits Package Flexible Spending Account Health Savings Account Flexible Spending 52

HR Lineup

OCTOBER 21, 2024

Administered by the International Foundation of Employee Benefit Plans (IFEBP) and Dalhousie University, this program provides a comprehensive education on employee benefits, retirement plans, and health benefits. Flexible learning format with self-paced courses. It’s perfect for those who manage employee health savings programs.

401(k) 65

401(k) Employee Benefits Retirement Plan Health Savings Account 65

WEX Inc.

JANUARY 8, 2025

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. Education is critical to get the most out of your employee benefits. The information in this blog post is for educational purposes only.

Flexible Spending Account 52

Flexible Spending Account 401(k) Health Savings Account Banking 52

WEX Inc.

JANUARY 14, 2025

Host benefits education sessions Many employees may not fully understand the value of their benefits. The information in this blog post is for educational purposes only. Learn more by subscribing to our blog. Simply hit the Subscribe button above or submit your email address in the form below. It is not legal or tax advice.

Flexible Spending Account 52

Flexible Spending Account Health Savings Account Flexible Spending Retirement Plan 52

WEX Inc.

JULY 20, 2023

HSA or FSA options Similar to the choice in health plans, many participants told us in the survey that they wanted to choose between either a health savings account (HSA) or a flexible spending account (FSA). The information in this blog post is for educational purposes only. It is not legal, financial, or tax advice.

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Deductible Deductions Flexible Spending Account Health Savings Account 75