WEX Inc.

SEPTEMBER 21, 2023

Visual health is a vital component of overall well-being, and unexpected eye-related expenses can put a strain on your finances. 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.

Health 98

Health Flexible Spending Account Health Savings Account Flexible Spending 98

Griffin Benefits

MARCH 16, 2022

And that was before the coronavirus pandemic further complicated finances. The causes for this are numerous and varied, from insufficient savings (80%) and retirement funds (73%) to ballooning credit card balances (19%). Consider that 43% of employees spend time working on their personal finances while at work.

Flexible Spending Account 89

Flexible Spending Account Retirement Plan Health Savings Account Voluntary Benefits 89

Benefit Resource Inc.

NOVEMBER 6, 2023

FSA and HSA: By taking advantage of programs like Flexible Spending Accounts (FSAs) and Health Savings Accounts (HSAs), employees can allocate a portion of their pre-tax earnings to cover essential health-related expenses.

Flexible Spending Account 90

Flexible Spending Account Flexible Spending Health Savings Account Food 90

InterWest Insurance Services

OCTOBER 17, 2024

The general theme of the poll was that health insurance and out-of-pocket costs like copays, coinsurance and deductibles are having a real effect on many workers’ finances, and in particular, their ability to save for retirement.

Out of Pocket Cost 98

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

Best Money Moves

OCTOBER 22, 2024

Eighty-eight percent of American workers report feeling some level of financial burnout, and 65% say finances are their biggest source of stress, according to a recent survey by MarketWatch Guide. Healthcare costs and employee financial burnout Many workers face especially high anxiety over healthcare costs.

Out of Pocket Cost 52

Out of Pocket Cost Healthcare Health Savings Account Medical 52

WEX Inc.

SEPTEMBER 12, 2023

Understanding HSAs The number of health savings accounts (HSAs) has doubled nationwide in the last seven years , as more Americans turn to these accounts as a way to save on healthcare costs and prepare for retirement. FSAs are employer-owned, meaning you may lose the funds if you change job or health plans.

Employee Benefits 52

Employee Benefits Flexible Spending Account Health Savings Account Life Insurance 52

Best Money Moves

MAY 9, 2018

Ninety percent agreed there was a need for more personal finance education. Flexible spending accounts (FSA) and health savings accounts (HSA) help employees prepare and pay for healthcare expenses. FSA and HSA Use Increases to Meet Employee Financial Wellness Needs. Here are their benefits and differences.

Flexible Spending Account 58

Flexible Spending Account Health Savings Account Health Insurance Flexible Spending 58

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.

JANUARY 3, 2022

Fortunately, one great way to help with out-of-pocket costs is utilizing a Health Savings Account (HSA). If after reviewing your plan you come to find your current plan doesn’t suit your new goals and needs, you can switch up your healthcare plan. What to Do as Your Child Grows : Prepare your finances.

Taxes 72

Taxes 401(k) Out of Pocket Cost Health Savings Account 72

Business Management Daily

OCTOBER 15, 2020

Even amid economic uncertainty caused by the pandemic, only 18% of employers say they will shift more healthcare expenses to employees, such as raising deductibles or co-pays. In fact, 57% of survey respondents will make no changes whatsoever to the cost of their health plans in 2021.

Health Savings Account 52

Health Savings Account Healthcare Life Insurance Insurance 52

Flimp Communications

MARCH 31, 2020

This year’s federal tax season has been extended to July 15th due to the COVID-19 health crisis. With everyone under unique and often financial strains, many are examining their finances, searching for ways to save money. Where Tax Savings and Benefits Intersect. Unused balances roll over year to year.

401(k) 75

401(k) Retirement Plan Medical Taxes 75

Corporate Synergies

APRIL 15, 2019

It’s easier said than done, especially when many HR and Finance professionals have conflicting objectives. Finance, on the other hand, is charged with managing to a budget by controlling expenses to mitigate year-over-year increases. I have seen many organizations implement new tactics, such as a health savings account (HSA).

Voluntary Benefits 46

Voluntary Benefits Insurance Carriers Finance Health Savings Account 46

Benefit Resource Inc.

JUNE 28, 2022

While this may be bad news for the overall economy, it could actually be good news for those with a Health Savings Account (HSA). HSA’s are the only account to provide a triple-tax benefit. Invest or Save? What is an HSA? Funds deposited into an HSA tax-free, grow tax-deferred, and remain tax-free.

Health Savings Account 40

Health Savings Account Taxes Medical Healthcare 40

Empuls

AUGUST 27, 2024

Health insurance Arguably, this is the most important prerequisite of a good benefits package. It will keep the staff covered against all manner of medical facilities and remuneration for partaking in various healthcare services. Paid time off (PTO) PTOs include vacation days, sick leaves, and personal days.

Family and Medical Leave Act 40

Family and Medical Leave Act Employee Benefits 401(k) Benefits Package 40

Empuls

FEBRUARY 26, 2024

Corporate wellness programs will impact physical wellbeing  Beyond traditional healthcare benefits, employers are increasingly recognizing the need to invest in comprehensive corporate wellness programs. Rising healthcare costs, coupled with the complexities of insurance plans, can be a source of significant stress. 

Employee Benefits 40

Employee Benefits Financial Counseling Healthcare Retirement Plan 40

Corporate Synergies

SEPTEMBER 10, 2018

After reviewing benefits and trends, you may find that adding a pre-tax benefit, such as a health savings account (HSA), flexible spending account (FSA) or a health reimbursement account (HRA), can help the organization save money while giving employees a way to better plan their healthcare and finances.

Health and Welfare 40

Health and Welfare Voluntary Benefits Flexible Spending Account Health Savings Account 40

WEX Inc.

MARCH 5, 2025

March is Womens History Month , a time to celebrate the achievements of women across industriesincluding finance. Investing in health savings accounts (HSAs). “Investing is too riskyI dont want to lose my healthcare savings.” ” Its understandable to be cautious with healthcare dollars.

401(k) 94

401(k) Health Savings Account Taxes Healthcare 94

Flimp Communications

OCTOBER 25, 2024

Nearly two-thirds of Americans don’t think their finances will improve this year , and three-quarters are anxious about their financial situation. When employees feel good about their finances, they are statistically happier — 84% vs. 55% — and more engaged — 78% vs. 53% — than their financially stressed counterparts.

roth 401(k) 52

roth 401(k) 401(k) Flexible Spending Account Taxes 52

Joe Markland

AUGUST 11, 2023

In 2022 and again when interviewed in 2023 by the Freedom Hub Working Group ICHRA: The Key to Consumer Healthcare Empowerment (rumble.com) I said the ICHRA did not go far enough. We need to adopt ICHSA’s, making the premium of an individual health insurance policy an eligible expense under a Health Savings Account.

Health Insurance 130

Health Insurance Insurance Employment Finance 130