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.

Flexible Spending Account 98

Flexible Spending Account Health Savings Account Flexible Spending Medical 98

WEX Inc.

MAY 4, 2023

The IRS requires your flexible spending account (FSA) participants to submit documentation to prove their purchase was an eligible expense. For example, participants with an FSA powered by WEX have access to technology, processes, and educational materials to make it easier for them to access their funds.

Flexible Spending Account 98

Flexible Spending Account Flexible Spending Taxes Medical 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. Health savings account An HSA is an individually owned benefits plan funded by you or your employer that lets you save on purchases of eligible expenses. It is not legal or tax advice.

401(k) 98

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

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.

Flexible Spending Account 98

Flexible Spending Account Health Savings Account Flexible Spending Medical 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. Many people had elective medical procedures canceled in 2021 or their child care needs changed.

Flexible Spending Account 188

Flexible Spending Account Taxes Pension Deductible 188

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. What are fertility benefits? Here are a few to-dos for you.

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. It’s time to clarify the ins and outs of these tax-saving healthcare accounts and answer some HSA and FSA FAQs. It is not legal or tax advice.

Flexible Spending Account 95

Flexible Spending Account Health Savings Account Flexible Spending Taxes 95

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. It is not legal or tax advice.

Flexible Spending Account 98

Flexible Spending Account Flexible Spending Medical Taxes 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. For example, if you’re putting $5,000 into the account, that would leave $1,000 that you can apply the tax credit to before you’ve reached the $6,000 ceiling for the credit. It is not legal or tax advice.

Flexible Spending Account 98

Flexible Spending Account Flexible Spending Taxes Consulting 98

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. We answer a few common dental-related questions as it relates to your HSA or medical FSA.

Medical 98

Medical Flexible Spending Account Health Savings Account Flexible Spending 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. Right after you log in to your online account or the benefits mobile app, you’ll see a “Tasks” menu. It is not legal or tax advice.

Flexible Spending Account 98

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

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." The information in this blog post is for educational purposes only. Employees can visit when it's most convenient for them.”

Flexible Spending Account 97

Flexible Spending Account Health Savings Account Benefit Providers Flexible Spending 97

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. Can FSA funds carry over to next year?

Flexible Spending Account 98

Flexible Spending Account IT 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

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.

Benefits Package 105

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.

Utilities 98

Utilities Family and Medical Leave Act Flexible Spending Account 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. Check out our infographic below.

Education 52

Education Flexible Spending Account Health Savings Account Flexible Spending 52

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.

MARCH 20, 2023

When things change at lightspeed, it is imperative to have team members who understand what you need to do to stay in compliance, but also develop a detailed plan to execute, predict and account for downstream impacts. The information in this blog post is for educational purposes only. Check out our handout.

Employment 98

Employment Flexible Spending Account Flexible Spending Education 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

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

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.

Flexible Spending Account 128

Flexible Spending Account PTO Flexible Spending Paid Leave 128

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

Health Consultants Group

OCTOBER 1, 2021

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

Employee Benefits 86

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

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

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

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

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

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.

Deductible 75

Deductible Deductions Flexible Spending Account Health Savings Account 75

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. Right after you log in to your online account or the benefits mobile app, youll see a Tasks menu. It is not legal or tax advice.

Flexible Spending Account 52

Flexible Spending Account 401(k) Health Savings Account Banking 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

WEX Inc.

DECEMBER 18, 2024

Flexible spending accounts (FSA) Flexible spending accounts (FSAs) offer a valuable tax-advantaged benefit, but the IRS use-or-lose rule can result in forfeited funds if employees dont use their balances by the deadline. The information in this blog post is for educational purposes only.

Family and Medical Leave Act 52

Family and Medical Leave Act Flexible Spending Account Flexible Spending Insurance Carriers 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 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

Best Money Moves

APRIL 30, 2019

More than 70 percent of employers offer dependent care flexible spending accounts. Fifteen percent of employers now offer 529 savings plans that help save for children’s higher education. Financial planning is a necessity for family planning. Over 10 percent offer scholarships or paid tuition for employees’ children.

Employee Benefits 82

Employee Benefits Paid Leave Flexible Spending Account Flexible Spending 82