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Your 2025 benefits compliance checklist: What you need to know

WEX Inc.

March 31, 2025: Electronic filing deadline for 1095-C forms. 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.

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What are The Pre-Payroll activities? A detailed overview

Qandle

This may involve collecting timesheets, time clock records, or electronic time tracking data. Benefits and Deductions: Collect information related to employee benefits and deductions, such as health insurance, retirement contributions, flexible spending accounts, loan repayments, or garnishments.

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2022 Health Insurance Outlook, Changes

InterWest Insurance Services

For health flexible spending accounts (FSAs), allowing participants to enroll mid-year, increase or decrease their annual contribution amount, or pull out of the plan altogether and stop contributing. For 2022, the affordability level will be 9.61% of their household income, down from 9.83% in 2021.

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Open Enrollment Prep: Identify Workers’ Needs, Consider Costs to Plan Benefits

InterWest Insurance Services

This is especially true if you are making changes to cost-sharing, introducing new plans, introducing a wellness plan or health savings accounts or flexible spending accounts. You can also invite them to view any electronic material you may post online, like the aforementioned videos.

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Everything #HR Needs to Know About HCM

HR Bartender

Many old-timers refused to adopt the name, pointing out quite rightly that it was more just an electronic filing cabinet than the manager of anything. Then some marketing-oriented people decided to rename it HRMS or Human Resource Management System. But the name quickly caught on and is now called ‘Core HR.’.

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Finding the sweet spot for your FSA election

Benefit Resource Inc.

If you have a Flexible Spending Account (FSA), you know that every year during Open Enrollment (OE), you choose how much to put aside in the account, otherwise known as your election. Finally, if you prefer a pen and paper over entering information electronically, you can print the FSA Election Estimate Sheet.

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September HR Update

Higginbotham

Additionally, plan sponsors may use the electronic disclosure standards under Department of Labor (DOL) regulations in order to send the creditable coverage disclosure notices electronically (see our white paper on the DOL’s Electronic Disclosure Safe Harbor Rules). 15, 2023 – i.e. – by October 14.