Remove Employee Enrollments Remove Flexible Spending Account Remove Healthcare
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FSA eligible expenses — what purchases count?

Business Management Daily

Open enrollment is underway for many companies right now and one benefits offering that may be on the menu this year is an FSA. Flexible Spending Accounts allow employees to set aside pre-tax dollars from their paycheck to use for medical or dependent care expenses. Healthcare FSA. Healthcare FSAs.

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From deductibles to wellness: Why benefits options matter

WEX Inc.

HSA or FSA options Similar to the choice in health plans, many participants told us in the survey that they wanted to choose between either a health savings account (HSA) or a flexible spending account (FSA). However, not all employees are offered these benefits.

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HR Professionals… What’s Your Problem?

Benefit Resource Inc.

One of the “mountains” you may be facing is combating rising healthcare costs. The Challenge Rising healthcare costs are one of the main concerns for Americans. Of those, more than seven in ten employers (71 percent) also offer a health savings account with employer funding. How can we help you?

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6 Key HSA Benefits to Communicate to Employees

Flimp Communications

Health savings accounts (HSAs) are amazing tools for addressing the triple pillars of modern anxiety: money, health, and uncertainty about the future. Their tax advantages and investment potential can help employees reduce healthcare costs, save for retirement, and maximize tax refunds. HSAs are savings accounts.

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FSA receipt requirements: What you need to document

Business Management Daily

Flexible spending accounts (FSAs) are employer-established accounts that allow you to put aside pre-tax dollars from your paycheck into a special account to be used for eligible health or dependent care expenses. This means that employees do not have to wait to use their health FSA funds. Date of service.

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Benefits for One, Benefits for All: Understanding Lifestyle Spending Accounts

HR Digest

If you’re unfamiliar with the concept of a lifestyle spending account you’re not alone in your confusion. A Health Spending Account (HSA) might be a more familiar concept to you—a workplace benefit account that helps you out with healthcare expenses by drawing from reserves that build up over time.

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What is a High-Deductible Health Plan (HDHP)?

Higginbotham

By opting for a higher deductible, employees can secure lower monthly premiums. Let’s say an employee enrolls in a high-deductible health plan providing self-only coverage with an annual deductible of $2,000. Employers, employees or both can contribute funds to an HSA in the same year.