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March 31, 2025: Electronic filing deadline for 1095-C forms. Flexiblespendingaccounts (FSA) Flexiblespendingaccounts (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.
This is especially true if you are making changes to cost-sharing, introducing new plans, introducing a wellness plan or healthsavingsaccounts or flexiblespendingaccounts. You can also invite them to view any electronic material you may post online, like the aforementioned videos.
Applicable Large Employers with 250 or more returns must file electronically by March 31, 2018. If possible, boost communication around voluntary health benefits as well as any savings products such as HealthSavingsAccounts or FlexibleSpendingAccounts employees can use to pay for health care.
A HealthSavingsAccount (HSA) is a savingsaccount that provides tax-free contributions and potential tax deductions for qualified medical expenses incurred by the holder. A paper statement fee applies (see your HSA account holder agreement).
While many employers are familiar with healthsavingsaccounts (HSAs) and flexiblespendingaccounts (FSAs), lifestyle spendingaccounts (LSAs) are an emerging benefit that can provide flexible and personalized support to employees.
5 Source Features Health, dental, and vision insurance Life and disability insurance 401(k) retirement plans HealthsavingsaccountsFlexiblespendingaccounts Workers’ compensation insurance Commuter benefits, gym memberships, and mental health assistance.
For example, some employers are adopting health plans that cover, or at least provide some reimbursement for, reproductive health. Add healthsavingsaccounts and flexiblespendingaccounts. Provide coverage for mental health care services.
This is especially true if you are making changes to cost-sharing, introducing new plans, or offer voluntary benefits, a wellness plan or healthsavingsaccount or flexiblespendingaccount. You may also invite them to view any electronic material you may post online, like the aforementioned videos.
While insurance is often the primary safety net, flexiblespendingaccounts (FSAs) , healthsavingsaccounts (HSAs) , lifestyle spendingaccounts (LSAs) , and emergency funds can also play an important role in recovery.
These are a few pre-tax benefits to promote: 401(k) and 403(b) contributions have the double benefit of lowering taxable income while saving for retirement. HealthSavingsAccounts (HSA) and FlexibleSpendingAccounts (FSA) are tax-free dollars for medical expenses.
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