WEX Inc.

NOVEMBER 14, 2024

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.

401(k) 98

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

WEX Inc.

SEPTEMBER 19, 2024

Visual health is a vital component of overall well-being, and unexpected eye-related expenses can put a strain on your finances. 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.

Health 98

Health Flexible Spending Account Health Savings Account Flexible Spending 98

InterWest Insurance Services

JULY 11, 2024

The Department of Labor’s new fiduciary rule, which mainly applies to 401(k) plans, will also affect employers who offer their staff health savings accounts. Investment education That doesn’t mean that employers can’t educate their workers on the features of their HSAs.

401(k) 89

401(k) Health Savings Account Employment Commissions 89

WEX Inc.

JANUARY 6, 2025

And election of COBRA can affect your ability to use the reimbursement accounts in which you were participating prior to your COBRA eligibility. Health savings account (HSA) HSAs are individually owned accounts, so your HSA will stay with you no matter whether or how you qualify for COBRA.

Employee Benefits 98

Employee Benefits Flexible Spending Account Health Savings Account Flexible Spending 98

WEX Inc.

MAY 10, 2024

Health savings account (HSA) contribution limits are on the rise again in 2025. The information in this blog post is for educational purposes only. Key takeaways – 2025 HSA contribution limits 2025 HSA contribution limits will increase to $4,300 and $8,550 for self-only and family HSAs, respectively.

Health Savings Account 105

Health Savings Account Deductible Deductions Taxes 105

WEX Inc.

JULY 9, 2024

Does your health savings account (HSA) have enough funds to carry you through the second half of the year? The information in this blog post is for educational purposes only. And, if it does, is there more you could be doing to grow those funds? Perform your HSA midyear check! It is not legal or tax advice.

Health Savings Account 98

Health Savings Account Healthcare 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. 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.

401(k) 98

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

WEX Inc.

OCTOBER 12, 2023

Educating on the value of their benefits and how best to use them is equally important. In this article, we share the top three benefits they said they would like more education on to help you prepare for your upcoming open enrollment. The information in this blog post is for educational purposes only. Get our guide below!

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Education Health Savings Account Taxes Consulting 52

WEX Inc.

MAY 17, 2023

Health savings account (HSA) contribution limits are on the rise again in 2024. The information in this blog post is for educational purposes only. Key takeaways - 2024 HSA contribution limits 2024 HSA contribution limits will increase to $4,150 and $8,300 for self-only and family HSAs, respectively. With an HSA.

Health Savings Account 98

Health Savings Account Deductible Deductions Taxes 98

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? The information in this blog post is for educational purposes only. How’s your sunscreen stock?

Flexible Spending Account 98

Flexible Spending Account Health Savings Account Flexible Spending Medical 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

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.

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Flexible Spending Account Health Savings Account Flexible Spending Taxes 95

WEX Inc.

SEPTEMBER 14, 2023

Increasingly, employers are offering their employees both HSA-eligible health plans (or high-deductible health plans ) and traditional health plans. If you rarely go to the doctor or would like to enroll in a health savings account (HSA) , an HSA-eligible health plan may be right for you!

401(k) 98

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

InterWest Insurance Services

AUGUST 26, 2023

WHEN: Tuesday, October 17, 2023 12:00 PM – 1:00 PM JOIN US: InterWest is a proud sponsor of Summit Employee Benefits Online education. As more and more employers offer at least one HDHP option, employers play a role in educating their employees about HSAs.

Health Savings Account 40

Health Savings Account Education Employee Benefits Employment 40

WEX Inc.

SEPTEMBER 21, 2023

Visual health is a vital component of overall well-being, and unexpected eye-related expenses can put a strain on your finances. 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.

Health 98

Health Flexible Spending Account Health Savings Account Flexible Spending 98

Employee Benefit News

APRIL 2, 2024

Help employees save money by educating them on contributions and eligible items for their health savings accounts.

Health Savings Account 69

Health Savings Account Taxes Education Employee Benefits 69

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. Can I use my HSA or medical FSA to pay for dental expenses? Check out FSA Store!

Medical 98

Medical Flexible Spending Account Health Savings Account Flexible Spending 98

WEX Inc.

MAY 8, 2023

HDHPs can actually be a great healthcare saving option for employees of all ages. Along with paying a lower premium, HDHPs offer financial opportunities that PPOs do not because employees can enroll in a health savings account (HSA) , but only if they’re also enrolled in an HSA-eligible HDHP.

Deductions 97

Deductions Deductible Health Savings Account Employee Enrollments 97

WEX Inc.

JULY 24, 2023

And it’s a solution you might already be offering: the health savings account. These accounts provide another way for your employees to diversify their efforts to prepare for retirement. IRS Publication 969 outlines health savings accounts. Why HSAs for retirement planning?

Retirement Plan 98

Retirement Plan 401(k) Health Savings Account Taxes 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

Benefit Resource Inc.

OCTOBER 13, 2021

HSA Awareness Day is October 15th, and we are so excited to share our love of Health Savings Accounts with…well, everyone! ” – Health Savings Accounts. A Health Savings Account is one of the most versatile pre-tax benefit accounts available and is a great fit for a wide range of people.

401(k) 75

401(k) Health Savings Account Taxes Deductible 75

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.

JANUARY 3, 2023

Fortunately, your health savings account (HSA) is an employee-owned account, so it stays with you, even when you switch employers. The information in this blog post is for educational purposes only. Get educated with our top 2022 blog posts appeared first on WEX Inc. It is not legal or tax advice.

Education 52

Education Flexible Spending Account Health Savings Account Flexible Spending 52

InterWest Insurance Services

APRIL 27, 2022

To help these generations of workers, consider offering them educational sessions on how to choose health plans, coupled with training on how to avoid unexpected health care bills by going to in-network providers, and how to shop around in advance for scheduled procedures.

Health Insurance 93

Health Insurance Insurance Health Savings Account Deductible 93

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.

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Health Insurance Health Savings Account Insurance Benefits Package 111

WEX Inc.

MAY 12, 2023

There are a variety of ways you can promote mental health in the office , and one way is to provide benefits that support your employees' needs. For example, your employees can use their health savings account (HSA) to improve their financial wellness and save money on a variety of mental health-related expenses.

Health Savings Account 98

Health Savings Account Medical Retirement Plan Taxes 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. The information in this blog post is for educational purposes only. Check out our infographic below.

Education 52

Education Flexible Spending Account Health Savings Account Flexible Spending 52

Employee Benefits

JUNE 28, 2024

While many employers (41%) plan to spend more on financial education and planning offerings next year than they are now, only 18% of employees are interested in what they are investing in. Half (54%) would prefer employers invest more in health insurance, while 43% would like more on retirement plans.

Retirement Plan 88

Retirement Plan Health Savings Account Health Insurance Employment 88

Wellable

MARCH 3, 2021

Two-thirds of employees are eager for their employers to offer better guidance and education about their benefits—and not just at open enrollment periods, but throughout the year.

Health Savings Account 78

Health Savings Account Education Insurance Employment 78

Benefit Resource Inc.

AUGUST 6, 2021

Free Health Savings Account? While a 401(k) is basically the crockpot of savings accounts where you can set your contribution amount and then forget about it, the versatility of an HSA allows participants to be much more involved. because of having more educated account holders. But is it really?

401(k) 76

401(k) Health Savings Account Deductible Deductions 76

WEX Inc.

SEPTEMBER 25, 2023

A great example of this is education at summertime around how to maximize your health savings account (HSA) dollars for typical hot weather spending such as sunscreen and aloe vera! The information in this blog post is for educational purposes only. As an HR leader, how and when you communicate benefits matters.

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Voluntary Benefits Health Savings Account PTO Retirement Plan 98

InterWest Insurance Services

FEBRUARY 20, 2024

Failing to offer a health savings account The idea behind HDHPs is that the money employees save on premium can be funneled into an attached HSA, which can be used to reimburse out-of-pocket medical expenses. The key to ensuring that the HDHP is a success in part comes down to avoiding four common mistakes.

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Deductible Deductions Out of Pocket Cost Health Savings Account 89

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. Best For: HR professionals, benefits administrators, and insurance agents who handle health insurance plans.

401(k) 65

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

WEX Inc.

JUNE 13, 2024

To help you prepare, here is a breakdown of three common retirement accounts: an HSA vs. a 401(k) vs. an IRA. An HSA is … A health savings account (HSA) is a tax-advantage account that participants can pay for healthcare expenses, save for the future, and invest to build your savings.

401(k) 96

401(k) Retirement Plan Health Savings Account Deductible 96

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. You can tailor your employee benefits educational sessions to each generation.

Voluntary Benefits 81

Voluntary Benefits Flexible Spending Account Deductible Deductions 81

WEX Inc.

OCTOBER 4, 2023

The 20th anniversary of health savings accounts (HSAs) marks a significant milestone for these accounts, which have empowered tens of millions of Americans to save for both immediate and future medical expenses.

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Health Savings Account Healthcare Education Taxes 64