Employee Benefit News

APRIL 2, 2024

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

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Health Savings Account Taxes Education Employee Benefits 232

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

Benefit Resource Inc.

MAY 15, 2024

One choice that sticks out in the ever-changing world of employee benefits for both employers and employees is a Health Savings Account (HSA). Employee loyalty can be increased and turnover decreased due to this portability because employees appreciate that their healthcare savings will continue.

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Health Savings Account Healthcare Benefits Package Taxes 52

Money Talk

APRIL 28, 2022

When pressed for time to fit ABL into your day, consider “educational multi-tasking” (e.g., Health Savings Accounts - One study found that the tax savings on many employees’ contributions to a health savings account (HSA) increases wealth by more than an employer match on the same employees’ 401(k) contributions.

401(k) 186

401(k) Health Savings Account Finance Retirement Plan 186

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

InterWest Insurance Services

JULY 20, 2022

Keep in mind that the ritual of choosing a benefits package is a brand-new experience for people who are new to the workforce, and you should prepare to educate new employees on how to effectively choose and use their new coverages, as well as all the details like premiums, deductibles and out-of-pocket expenses. Continuing education.

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Education 401(k) Deductions Deductible 98

WEX Inc.

JULY 24, 2024

For example, WEX benefits administration clients can take advantage of our custom communication workshops where we consult with key stakeholders to create a campaign, creative theme, and point of focus around a specific enrollment goal, or particular benefit offering for employee education outreach. It is not legal or tax advice.

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Health Savings Account Taxes Health Insurance Consulting 59

WEX Inc.

OCTOBER 15, 2024

Today, to commemorate National Health Savings Account Awareness Day (HSA Day) celebrated annually on October 15, WEX is highlighting available resources to help employers and employees better understand the impressive value of HSAs for both wellbeing and wallets. The information in this post is for educational purposes only.

401(k) 52

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

WEX Inc.

SEPTEMBER 18, 2024

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) 52

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

WEX Inc.

JANUARY 2, 2025

7 basic rules of an HSA you need to know Maximize the potential of your health savings account (HSA) by mastering these 7 essential rules. Discover how to make smarter contributions, save on healthcare costs, and plan for a healthier financial future. The information in this blog post is for educational purposes only.

Flexible Spending Account 52

Flexible Spending Account Health Savings Account Flexible Spending Taxes 52

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. Provide educational materials. Notify them in writing.

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

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.

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

CorpStrat

DECEMBER 4, 2024

Pairing high-deductible health plans (HDHPs) with Health Savings Accounts (HSAs) or adding wellness programs can help employees offset costs while staying engaged in their health. A proactive approach to education can lead to higher satisfaction and better utilization.

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Employee Benefits Employment Disability Insurance Health Savings Account 52

WEX Inc.

DECEMBER 5, 2024

Fortunately, when you participate in a health savings account (HSA) through your employer, your HSA stays with you. You have options HSA transfer If your new employer offers an HSA, you can transfer the administration of your account to your new employer’s HSA administrator. Have you recently changed employers?

Health Savings Account 52

Health Savings Account Taxes Deductions Deductible 52

WEX Inc.

DECEMBER 12, 2024

Targeted recommendations: By analyzing factors such as age, role, family status, and location, AI can suggest benefits options like health savings accounts (HSAs) , retirement plans, or wellness programs that are most relevant to each employee. The information in this blog post is for educational purposes only.

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Health Savings Account Benefits Package Retirement Plan Taxes 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.

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Flexible Spending Account Health Savings Account Flexible Spending Retirement Plan 52

InterWest Insurance Services

FEBRUARY 11, 2024

June 18, 2024 12:00 PM – 1:00 PM JOIN US: InterWest is a proud sponsor of Summit Employee Benefits Online education. SESSION DETAILS: As more and more employers offer at least one HDHP option, employers play a role in educating their employees about HSAs.

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Health Savings Account Education Employee Benefits Employment 52

HR Lineup

MAY 11, 2023

Employers can choose from a range of pre-tax benefits, including health insurance, dental insurance, vision insurance, and other types of benefits. PeopleKeep also provides flexible spending accounts (FSAs), health reimbursement arrangements (HRAs), and health savings accounts (HSAs) to help employees save money on healthcare expenses.

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Flexible Spending Account Health Savings Account Benefits Package Flexible Spending 130

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.

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401(k) Health Savings Account Employment Commissions 98

WEX Inc.

JANUARY 9, 2025

Use this data to identify gaps in communication or areas where employees may need additional education. For example, if health savings account (HSA) participation was lower than expected, you might plan targeted campaigns to explain their advantages. Providing ongoing education through newsletters, webinars, or workshops.

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Employee Benefits Health Savings Account Taxes Education 52

Flimp Communications

FEBRUARY 25, 2025

Educate About Tax-Advantaged HSAs (And Similar Benefits) As you know, health savings accounts (HSAs) are triple tax-advantaged. However, with a bit of educational outreach, you can help your companys employees see that HSAs can reduce their tax bills and medical costs while helping them save for retirement.

Taxes 69

Taxes Deductions Deductible Flexible Spending Account 69

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 Deductions Deductible Taxes 105

WEX Inc.

NOVEMBER 27, 2024

You must be enrolled in an HDHP to be eligible to participate in a health savings account (HSA). PPOs are a common type of traditional health plan. The information in this blog post is for educational purposes only. The IRS sets deductible limits that determine what is an HDHP. What’s a PPO?

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Deductions Deductible Health Savings Account Flexible Spending Account 52

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.

SEPTEMBER 24, 2024

HSAs and FSAs: Service dog expenses Health savings accounts (HSAs) and flexible spending accounts (FSAs) may provide an additional avenue for covering the cost of a service dog. The information in this blog post is for educational purposes only. Peace of mind knowing that your pet is covered for life.

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Recruitment Flexible Spending Account Health Savings Account Medical 52

WEX Inc.

SEPTEMBER 4, 2024

HSAs and FSAs as an option Health savings accounts (HSAs) and flexible spending accounts (FSAs) are among the pre-tax accounts you can contribute funds to and save money on healthcare costs. However, your eligibility for either account can be influenced by the health plan you choose.

Deductions 52

Deductions Deductible Flexible Spending Account Healthcare 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 Deductions Deductible 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.

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.

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.

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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. 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.

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

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.

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Voluntary Benefits Flexible Spending Account Deductions Deductible 97

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 98

Health Insurance Insurance Health Savings Account Deductions 98

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.

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Health Flexible Spending Account Health Savings Account Flexible Spending 98