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Flexible Benefit Plans Give Employees More Options

InterWest Insurance Services

One way you can give your staff more choice in the employee benefits they receive is to offer them a cafeteria plan, which allows them to put together a benefits package that works best for them. Employers fund these flexible benefit plans with funds that are deducted from their employees’ salaries on a pre-tax basis.

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5 ways to alleviate your employees' hesitations with choosing in an FSA

WEX Inc.

Most employees are about to have the opportunity to re-evaluate their benefits options during open enrollment. Flexible spending accounts (FSAs) are a powerful tool for individuals and employers to save money on healthcare and dependent care expenses.

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9 Nontaxable Employee Benefits for Maximizing Your Income and Workplace Satisfaction

Empuls

Alongside competitive salaries and career growth opportunities, companies are now offering a wide array of tax free or non taxable employee benefits to attract and retain top talent. These perks not only provide employees with financial advantages but also contribute to a more fulfilling and enjoyable work experience.

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What is a cafeteria plan? (Hint: It’s not related to lunch)

Benefit Resource Inc.

According to Wikipedia: “A cafeteria plan is an employee benefit plan offered in the United States pursuant to Section 125 of the Internal Revenue Code”. Flex Account. One of the most common cafeteria plans is a flex account, or flexible spending account (FSA). Dependent Care Account.

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What is a cafeteria plan? (Hint: It’s not related to lunch)

Benefit Resource Inc.

According to Wikipedia: “A cafeteria plan is an employee benefit plan offered in the United States pursuant to Section 125 of the Internal Revenue Code” Are you asleep yet? Flex Account. One of the most common cafeteria plans is a flex account, or flexible spending account (FSA).

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Understanding the cost of employee benefits & what it means for your company

Genesis HR Solutions

Employee benefits may be expensive, but their value goes beyond a simple dollar amount. When sizing up job offers, prospective employees will absolutely be comparing your company’s benefits against those of your competitors. In this article, we’ll look at: The benefits most businesses offer.

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5 Common Myths About Health Savings Accounts (HSAs)

Flimp Communications

There are, however, some critical differences between FSAs and HSAs , not the least of which is what that s stands for: health savings accounts vs. flexible spending accounts. HSA accounts, on the other hand, belong to the employee, not the employer. The truth: HDHPs are nothing to be afraid of.