Health Consultants Group

OCTOBER 1, 2021

Reconsidering your employee benefits priorities. As your employees settle into their post-pandemic workflow, you’re probably noticing that they don’t want business-as-usual. After a year of unprecedented medical and personal experiences, employees can easily detect holes in their benefits plans. Adoption Benefits.

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Employee Benefits Family and Medical Leave Act Flexible Spending Account Health Savings Account 86

HR Lineup

MAY 9, 2023

Pazcare is dedicated to providing not only the best medical services to its clients but also to offering an exceptional employment package to its employees. One of the most significant employee benefits that Pazcare offers is health insurance. Another employee benefit that Pazcare offers is retirement savings plans.

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401(k) Flexible Spending Account Health Insurance PTO 130

Genesis HR Solutions

SEPTEMBER 22, 2020

At the end of this article, we’ll explain how a professional employer organization (PEO) can help you select, negotiate, and administer best possible benefits for your company. 16+ types of employee benefits you should consider. Flexible Spending Account (FSA). Health Savings Account (HSA).

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401(k) Employee Benefits roth 401(k) Disability Insurance 98

Benefit Resource Inc.

OCTOBER 31, 2022

But, there’s one thing that doesn’t have to be scary this Halloween —your pre-tax benefits! Commuter benefits, flexible spending accounts, dependent care, and health savings accounts are just a few of the great employee benefits available to help you save money and reduce stress.

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Taxes Flexible Spending Account Health Savings Account Flexible Spending 75

WEX Inc.

SEPTEMBER 4, 2024

Whether you’re transitioning from your parents’ insurance, landed your first full-time job, or are simply obtaining coverage for the first time, choosing health plans and employee benefits options can be overwhelming. However, your eligibility for either account can be influenced by the health plan you choose.

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Deductible Deductions Flexible Spending Account Healthcare 52

HR Lineup

FEBRUARY 9, 2023

GoCo is a platform that offers a comprehensive suite of employee benefits solutions to businesses of all sizes. One of the key benefits of GoCo is its ease of use. GoCo also offers a wide range of employee benefits options, including health, dental, and vision insurance, as well as a range of wellness programs and resources.

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Flexible Spending Account Comprehensive Benefits Flexible Spending Retirement Plan 130

InterWest Insurance Services

MARCH 22, 2022

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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Flexible Spending Account 401(k) Flexible Spending Deductible 96

WEX Inc.

FEBRUARY 15, 2023

Did you recently elect to participate in a medical flexible spending account (FSA) ? What is a medical flexible spending account (FSA)? A medical FSA is a tax-advantaged employee benefit that gives participants the opportunity to save on out-of-pocket medical, dental, and vision eligible expenses.

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Medical Flexible Spending Account Flexible Spending Taxes 98

Benefit Resource Inc.

DECEMBER 30, 2022

Pre-tax benefits are growing in popularity amongst employers and employees alike. This is because they offer a great way to save on taxes while still being able to use funds for medical, dependent care, and other expenses. DIFFERENT WAYS TO SPEND DEPENDENT CARE FUNDS. HOW TO AVOID PENALTIES ON AN HSA WITHDRAWAL.

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Taxes Flexible Spending Account Health Savings Account Flexible Spending 75

McDermott Will & Emery Employee Benefits

OCTOBER 19, 2022

The maximum salary reduction limit for a health flexible spending account (Health FSA) increased to $3,050 for 2023 (from $2,850 in 2022), and the Health FSA carryover […]. The post IRS Announces Cost-of-Living Adjustments for Health and Welfare Plans appeared first on EMPLOYEE BENEFITS BLOG.

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Health and Welfare Flexible Spending Account Flexible Spending Salary 98

WEX Inc.

NOVEMBER 27, 2024

Pre-tax benefits savings Premiums aren’t the only way you can save on healthcare costs. Pre-tax employee benefits plans, such as HSAs and flexible spending accounts (FSAs) , let you save money by putting aside pre-tax dollars to pay for eligible medical, dental, vision and other expenses.

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Deductible Deductions Health Savings Account Flexible Spending Account 52

InterWest Insurance Services

SEPTEMBER 23, 2024

One of the most underused employee benefits available is the “cafeteria” plan ― which can benefit both the employer and the employee. These plans allow workers to withhold a portion of their pre-tax salary to cover certain medical or childcare expenses.

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Flexible Spending Account Benefits Package Deductible Deductions 94

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.

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

HR Lineup

JULY 10, 2023

The platform automates the entire payroll process, from calculating earnings and deductions to generating pay stubs and tax forms. Additionally, Proliant’s HCM platform includes comprehensive benefits administration capabilities. One of the key strengths of Proliant is its robust payroll processing capabilities.

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Flexible Spending Account Payroll Flexible Spending Retirement Plan 130

HR Lineup

JUNE 9, 2023

With its user-friendly interface and powerful features, iSolved aims to simplify HR management and empower businesses to focus on strategic initiatives and employee engagement. It enables businesses to handle complex payroll processes with ease, including payroll calculations, tax management, direct deposits, and payroll reporting.

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Flexible Spending Account Payroll Flexible Spending Retirement Plan 130

WEX Inc.

FEBRUARY 23, 2023

And just because you have an entire plan year ahead doesn’t mean you should wait until November or December to put time and energy into your employee benefits. 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.

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

WEX Inc.

JULY 9, 2023

A dependent care flexible spending account lets participants set aside pre-tax dollars to help pay for dependent care. Contributing to this benefit reduces taxable income and spreads the benefits of pre-tax dollars throughout the year, helping you save 30 percent or more on your dependent care costs.

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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. It is not legal, financial, or tax advice. OTC medicines. Allergy testing.

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Flexible Spending Account Health Savings Account Flexible Spending Medical 98

WEX Inc.

AUGUST 29, 2023

Reasons can vary, which is why wide-ranging fertility benefits can also improve the lives of any adult wanting to start a family. 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?

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Flexible Spending Account Health Savings Account Flexible Spending Medical 98

WEX Inc.

MAY 4, 2023

The IRS requires your flexible spending account (FSA) participants to submit documentation to prove their purchase was an eligible expense. Because of an FSA’s tax advantages, the IRS requires employers and employees to prove that FSA funds are only being spent on eligible expenses. It is not legal or tax advice.

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Flexible Spending Account Flexible Spending Taxes Medical 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? Sunscreen There’s a good chance you’re planning on spending some time in the sun over the next few months.

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Flexible Spending Account Health Savings Account Flexible Spending Medical 98

WEX Inc.

SEPTEMBER 21, 2023

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. It is not legal or tax advice. The information in this blog post is for educational purposes only.

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Health Flexible Spending Account Health Savings Account Flexible Spending 98

WEX Inc.

MAY 2, 2024

For employers, HRAs or HSAs come with perks, including tax savings and increased employee retention. We’ve outlined the key differences between an HRA and an HSA below so you can see how they work, the advantages of each, and if you should be offering one or both to your employees.

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

WEX Inc.

AUGUST 14, 2023

A flexible spending account (FSA) carryover is one way you can provide flexibility to employees who participate in these accounts. Yes, employers do have the option of providing employees with an FSA carryover. This blog was originally published in August 2021 and most recently updated in August 2023.

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Flexible Spending Account IT Flexible Spending Taxes 98

InterWest Insurance Services

JULY 4, 2024

workers choosing high-deductible health plans has leveled off during the last two years, uptake has been growing rapidly among one segment of the working population: Gen Z employees. The plans are typically tied to a health savings account (HSA), which employees can fund with pre-tax dollars to reimburse for health-related expenses.

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Voluntary Benefits Flexible Spending Account Deductible Deductions 97

Qandle

JUNE 20, 2023

Here is a detailed overview of pre-payroll activities: Data Collection: The first step in pre-payroll activities is collecting all the necessary data related to employees. Time and Attendance Management: If your organization tracks employee hours worked, you need to gather time and attendance records.

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Payroll Flexible Spending Account Overtime Payroll Software 98

CorpStrat

JANUARY 17, 2023

Many employee benefits are subject to annual dollar limits that are adjusted for inflation by the IRS each year. The following commonly offered Employee Benefits are subject to these limits: High deductible health plans (HDHPs) and health savings accounts (HSAs). Health flexible spending accounts (FSAs).

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401(k) Employee Benefits Flexible Spending Account Health Savings Account 52

WEX Inc.

SEPTEMBER 7, 2023

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. It is not legal, financial, or tax advice. Download now!

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Higginbotham

JULY 12, 2024

Employers can help their workers by offering dependent care assistance plans as part of their employee benefits package. Dependent Care Expenses May Become a Financial Burden Many employees have young children. Eligible employees include any common-law employee of the employer. Lifestyle Spending Accounts (LSAs).

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Employee Benefits Flexible Spending Account Benefits Package Flexible Spending 52

InterWest Insurance Services

NOVEMBER 25, 2022

The IRS has released the 2023 maximum contribution amounts for health savings accounts and flexible spending accounts. You’ll want to make note of the changes when discussing your employee benefits during annual open enrollment. 3,000 for family coverage (up $200).

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401(k) Deductible Deductions Flexible Spending Account 98

Benefit Resource Inc.

NOVEMBER 15, 2023

In the dynamic landscape of the modern workforce, employers and HR professionals are faced with the challenge of not only attracting top talent but also ensuring the well-being of their existing employees. These benefits not only enhance the overall compensation package but also provide financial relief to employees facing increased costs.

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Employee Benefits Flexible Spending Account Health Savings Account Flexible Spending 52

WEX Inc.

SEPTEMBER 12, 2023

If you’ve never been asked if you would like to participate in an employee benefits account before, you might be asking yourself, “What are all these acronyms?” Exploring HSAs and FSAs HSAs and medical flexible spending accounts (FSAs) let you save money because the funds you contribute to them are pre-tax.

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Employee Benefits Flexible Spending Account Health Savings Account Life Insurance 52

WEX Inc.

JANUARY 4, 2023

And election of COBRA can affect your ability to use the reimbursement accounts in which you were participating prior to your COBRA eligibility. In this blog post, we outline some of the ways your ability to use your employee benefits changes when you elect COBRA. It is not legal or tax advice.

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Employee Benefits Flexible Spending Account Health Savings Account Flexible Spending 52

Benefit Resource Inc.

APRIL 27, 2021

But what about their employee benefits card? We’re here to tell you that not all employee benefits cards are created equal. Yes, it’s crazy; there are TPAs out there that don’t even offer an employee benefits card! Multi-account capability. Offering a card in the first place.

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Employee Benefits Flexible Spending Account Health Savings Account Banking 53

WEX Inc.

MAY 24, 2023

“I think it’s really important to tie it back to things that are meaningful to [employees]….their It’s about what a health savings account or a flexible spending account can do for them." It is not legal or tax advice. The information in this blog post is for educational purposes only.

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Flexible Spending Account Health Savings Account Benefit Providers Flexible Spending 97

WEX Inc.

AUGUST 15, 2023

Whether you're transitioning from your parents' insurance, landed your first full-time job, or are simply obtaining coverage for the first time, choosing health plans and employee benefits options can be overwhelming. However, your eligibility for either account can be influenced by the health plan you choose.

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Deductible Deductions Healthcare Flexible Spending Account 98

WEX Inc.

SEPTEMBER 14, 2023

For example, do you have any new dependents who have healthcare needs and could be covered by a pre-tax benefits plan? Nearly three-quarters of all employees say they don’t understand some components of their benefits. Use available tools and resources to learn more about pre-tax benefits and to plan for the year ahead.

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