HR Lineup

FEBRUARY 13, 2023

USI’s employee benefits offerings are designed to meet the needs of a diverse workforce and support employers in creating a supportive and healthy work environment. USI’s benefits offerings include a comprehensive suite of health insurance options, including medical, dental, and vision insurance.

Employee Benefits 130

Employee Benefits Flexible Spending Account Disability Insurance Health Savings Account 130

Insperity

NOVEMBER 26, 2024

Standard” benefits may include: Health, dental and vision insurance Retirement savings plan, with a company match Life insurance Disability insurance Workers’ compensation insurance Paid time off (PTO) – two weeks per year at a minimum, three weeks per year preferred. Add health savings accounts and flexible spending accounts.

Employee Benefits 69

Employee Benefits Family and Medical Leave Act PTO Flexible Spending Account 69

InterWest Insurance Services

MARCH 4, 2022

As rising health insurance premiums and out-of-pocket costs for health care are burdening workers, more employers are looking for ways to help their staff put aside money for those expenses. Fortunately, there is another option: a health reimbursement arrangement (HRA). per month). per month). The takeaway.

Medical 98

Medical Health Insurance Out of Pocket Cost Deductible 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? The temperature is rising and summer is right around the corner! How’s your sunscreen stock?

Flexible Spending Account 98

Flexible Spending Account Health Savings Account Flexible Spending Medical 98

WEX Inc.

OCTOBER 9, 2024

Health savings accounts (HSAs) and flexible spending accounts (FSAs) are often misunderstood, despite their significant financial advantages. It’s time to clarify the ins and outs of these tax-saving healthcare accounts and answer some HSA and FSA FAQs. If not, the employee risks forfeiting the money.

Flexible Spending Account 95

Flexible Spending Account Health Savings Account Flexible Spending Taxes 95

Best Money Moves

AUGUST 18, 2021

It’s no secret that employees of different generations expect different kinds of support from their employers. Accessible and comprehensive health benefits. Over half of all Americans receive health insurance from their employers, according to 2019 census data.

Health Insurance 111

Health Insurance Health Savings Account Insurance Benefits Package 111

WEX Inc.

AUGUST 2, 2023

A flexible spending account (FSA) allows participants to save money by setting aside pre-tax dollars to pay for eligible medical, dental , vision and dependent care expenses incurred by you, your spouse, or your eligible dependents. FSAs are an employer-owned account , and the IRS sets limits on annual FSA contributions.

Flexible Spending Account 98

Flexible Spending Account Deductible Deductions Health 98

InterWest Insurance Services

OCTOBER 17, 2024

Besides looking for better health coverage, there’s growing interest among employees for voluntary benefits that can buffer health care costs, like critical illness, accident and dental and vision insurance.

Out of Pocket Cost 98

Out of Pocket Cost Voluntary Benefits Health Insurance Health Savings Account 98

Business Management Daily

SEPTEMBER 22, 2021

Some employers start as early as September. Most employees elect coverage through their employer, but some may be eligible for marketplace coverage as well. Most employers have an open enrollment period of at least 2 to 4 weeks. The post Open enrollment checklist for employers appeared first on Business Management Daily.

Employment 90

Employment Deductible Deductions Benefit Providers 90

InterWest Insurance Services

JUNE 20, 2024

The IRS has announced significantly higher health savings account contribution limits for 2025, with the amount increasing 3.6% The IRS updates this amount annually, along with minimum deductibles as well as the out-of-pocket maximums for high-deductible health plans. for individual HSA plans. Medical devices.

Deductible 97

Deductible Deductions Health Savings Account Medical 97

InterWest Insurance Services

DECEMBER 7, 2023

Also, employees will be able to carry over up to $640 next year into 2025 if they have funds left over in their account, if their employer allows it (it’s optional). Anything above the limit at the end of the year is forfeited back to the employer. Employees are not taxed on withdrawals from their account.

Flexible Spending Account 98

Flexible Spending Account Flexible Spending Pharmaceutical Health Savings Account 98

WEX Inc.

JULY 20, 2023

Nearly two-thirds of large employers offer their employees a choice between an HSA-eligible health plan (also known as a high-deductible health plan ) and a traditional health plan. Ideally, more vision options.” “A better understanding of family deductibles and out-of-pocket max.” Dental program is not very good.”

Deductible 75

Deductible Deductions Flexible Spending Account Health Savings Account 75

Insperity

MAY 13, 2015

First and second time group health insurance buyers usually miss the opportunity to buy a health savings account (HSA)-qualified high-deductible health plan (HDHP). Health Savings Accounts. The account holder (i.e., As an employer, you would save $150 per month, per employee.

Health Insurance 84

Health Insurance Insurance Out of Pocket Cost Health Savings Account 84

PeopleStrategy

JULY 8, 2019

And, sadly, almost two-thirds (62 percent) of survey participants said their employer is not a resource for healthcare-related questions. Premium : this is the annual cost of an employer-sponsored health plan. Benefit types and classes. There is no annual contribution limit for a HRA.

Health Savings Account 82

Health Savings Account Deductible Deductions Healthcare 82

Benefit Resource Inc.

JUNE 18, 2019

A Limited FSA, or a Limited Purpose FSA, is one of several pre-tax accounts you may be able to sign up for through your company. It is used to pay for vision and dental expenses that are not covered by insurance. A Medical FSA can be used to pay for your out-of-pocket expenses related to medical care, dental care and vision.

Health Savings Account 63

Health Savings Account Health Medical Taxes 63

Business Management Daily

NOVEMBER 15, 2021

Employers are constantly looking for ways to remain competitive in their benefits offerings, and an FSA is a great add-on to your benefits package. 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.

Flexible Spending Account 98

Flexible Spending Account Flexible Spending Medical Healthcare 98

Benefit Resource Inc.

APRIL 8, 2021

Here’s a scary statistic for you: according to the International Foundation of Employee Benefit Plans , 80% of employers struggle to get employees to read benefits enrollment materials during Open Enrollment. Routine health care costs for the year (e.g., Expected vision and dental care needs (e.g., Wellness incentives**.

401(k) 75

401(k) Health Health Savings Account Medical 75

InterWest Insurance Services

JULY 6, 2023

The latest insurer to announce an expansion of its telemedicine offerings is UnitedHealthcare, which recently said it would eliminate out-of-pocket costs for its 24/7 Virtual Visits program for eligible members enrolled in fully insured employer-sponsored plans, starting July 1. Last year, the wavier was extended by legislation through Dec.

Insurance 95

Insurance Out of Pocket Cost Hospitality Health Savings Account 95

Best Money Moves

AUGUST 18, 2021

It’s no secret that employees of different generations expect different kinds of support from their employers. Accessible and comprehensive health benefits. Over half of all Americans receive health insurance from their employers, according to 2019 census data.

Health Insurance 83

Health Insurance Health Savings Account Insurance Benefits Package 83

Griffin Benefits

MARCH 16, 2022

As a result, many employers realize that a myopic focus on core benefits like health, dental, and vision shortchanges employees. More than 85% of employees say it’s important or very important for their employer to offer financial wellness initiatives even though only 12% say their employers offer an extensive program.

Flexible Spending Account 89

Flexible Spending Account Retirement Plan Health Savings Account Voluntary Benefits 89

Benefit Resource Inc.

DECEMBER 20, 2021

Unfortunately, unlike a Health Savings Account (HSA), you don’t get to keep your FSA money year after year. Your employer may allow a certain amount of your FSA funds to roll over to the following year. Check with your employer to confirm whether your plan includes this option.

Flexible Spending Account 75

Flexible Spending Account Health Savings Account Flexible Spending Medical 75

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. There are four major types of employee benefits many employers offer: medical insurance, life insurance, disability insurance, and retirement plans.

401(k) 98

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

Griffin Benefits

NOVEMBER 1, 2022

Together, these combined announcements by the IRS detail 2023 adjusted limits to the amounts employees can tuck away pretax into Flexible Spending Accounts (FSAs), Health Savings Accounts (HSAs), transportation benefits, and retirement plans such as 401(k)s. FSA Employer Contribution Limits for 2023.

401(k) 85

401(k) Retirement Plan Health Savings Account Deductible 85

WEX Inc.

SEPTEMBER 7, 2023

Flexible spending accounts (FSAs) are a powerful tool for individuals and employers to save money on healthcare and dependent care expenses. Emphasize that eligible expenses encompass a wide range of medical, dental, and vision costs, as well as dependent care expenses. What you can do: Highlight the flexibility of FSAs.

Flexible Spending Account 98

Flexible Spending Account Take Home Pay Flexible Spending Healthcare 98

Benefit Resource Inc.

JUNE 27, 2019

In honor of National Sunglasses Day, we wanted to highlight eligible vision expenses you can pay for with your pre-tax accounts. As an overview, a pre-tax account is a type of benefit your employer may offer to help you cover out-of-pocket expenses. There are a variety of different plans and accounts available.

Flexible Spending Account 63

Flexible Spending Account Health Flexible Spending Health Savings Account 63

Business Management Daily

DECEMBER 1, 2019

Lastly, check employment contracts and engagement letters to determine whether employees were promised a set annual salary. WHAT THE IRS SAYS: The IRS doesn’t vary the withholding tables to account for any extra pay period, but you may want to build the extra pay period into your computer formula.

Payroll 83

Payroll 401(k) Deductible Deductions 83

Benefit Resource Inc.

OCTOBER 11, 2018

A Medical FSA is a great savings tool if you have the same out-of-pocket medical expenses year-after-year. The funds in a Medical FSA can be used to cover both planned expenses (including medical , dental and vision ) and unplanned expenses (e.g. Any unused funds are returned to your employer. Health Savings Account.

Taxes 74

Taxes Health Savings Account Medical Deductible 74

Genesis HR Solutions

JANUARY 24, 2023

Handbooks help manage your employees and keep your business compliant with the ever-growing list of employment rules and regulations. Notice and disclaimer / Acknowledgement of Receipt A notice and disclaimer indicates the handbook is not a contract of employment and that the handbook is subject to change.

Family and Medical Leave Act 98

Family and Medical Leave Act Overtime Parental Leave Health and Welfare 98

WEX Inc.

APRIL 24, 2023

Your health plan drives many of your decisions during open enrollment. One emerging trend is employers offering their employees health plan options. Does your employer offer options? Pre-tax benefits savings Premiums aren’t the only way you can save on healthcare costs.

401(k) 52

401(k) Health Savings Account Deductible Deductions 52

Benefit Resource Inc.

OCTOBER 28, 2021

This account covers dental and vision expenses for himself, his many brides, and their offspring. Dracula can also enroll in a Health Savings Account (HSA) to pay for his other medical expenses. A Limited Purpose FSA makes those dental bills less of a pain-in-the-neck. …yeah, that doesn’t suck!

Taxes 75

Taxes Health Savings Account Bonuses Health 75

Benefit Resource Inc.

OCTOBER 16, 2018

This brings it all together and illustrates the unique advantages of the account. What accounts are available? The specific account options you have will vary based on plans offered by your employer. Several of the most common accounts are listed here. Health Savings Account. Medical FSA.

Health Savings Account 55

Health Savings Account Flexible Spending Account Flexible Spending Medical 55

Benefit Resource Inc.

APRIL 18, 2023

Fortunately, there are ways to increase your financial well-being through medical savings. One such way is by utilizing health savings accounts (HSAs) and flexible spending accounts (FSAs). The HSA is combined with an HSA-qualified health plan (also referred to as a high deductible health plan).

Medical 52

Medical Flexible Spending Account Health Savings Account Flexible Spending 52

Benefit Resource Inc.

NOVEMBER 29, 2023

Additionally, you may also already have a built-in savings option to pay for your COBRA premiums. A health savings account is not only an important component to paying for medical expenses today, but it is a tool you can use throughout retirement.

401(k) 98

401(k) Medical Retirement Plan Health Savings Account 98

Benefit Resource Inc.

APRIL 16, 2019

Health Savings Accounts (or HSAs) are sometimes confusing. This includes co-pays, co-insurance, prescriptions, dental, vision and other medical expenses. This is a two part series regarding Medicare. This post will focus on the impacts of HSAs and Medicare. Watch for Part 2 as we address Medicare and COBRA.

Deductible 80

Deductible Deductions Health Savings Account Taxes 80

Benefit Resource Inc.

MARCH 28, 2024

Pre-tax benefits are a powerful tool for saving money and maximizing your income. From flexible spending accounts (FSAs) to health savings accounts (HSAs) and commuter benefits, these options offer significant advantages if managed wisely. This includes copayments, deductibles, prescriptions, and more.

Flexible Spending Account 52

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

Benefit Resource Inc.

APRIL 4, 2019

I’ve written about how I saved my family money with a Commuter Benefit Plan , a Health Savings Account (HSA), and a Dependent Care FSA. As a father of three (5 year old twin boys and a 2 year old girl), I need to save as much money as I can. What’s a Limited FSA? You can read more about that here.

Health Savings Account 45

Health Savings Account Health Medical Taxes 45

Benefit Resource Inc.

OCTOBER 21, 2019

” In the case of pre-tax benefits, we like to say “There’s a plan for that” Regardless of your benefits problem, by comparing Flexible Spending Accounts, Health Savings Accounts and Health Reimbursement Accounts, you can find the right plan to fit your needs. Problem: High turnover.

Flexible Spending Account 40

Flexible Spending Account Health Savings Account Flexible Spending 401(k) 40