WEX Inc.

AUGUST 28, 2024

The IRS requires non-discrimination testing for employers who offer plans governed by Section 125 , which includes a flexible spending account (FSA). What plans require non-discrimination testing?

Flexible Spending Account 95

Flexible Spending Account Flexible Spending Medical Taxes 95

Money Talk

JUNE 28, 2023

Health Savings Account (HSA) Tweak - By mid-year, you know what you already spent for health care services through June. Flexible Spending Account (FSA) Tweak - Like HSAs, you know your health care spending so far. Use this information to adjust payroll deductions for a health care FSA (up or down).

Flexible Spending Account 242

Flexible Spending Account Banking Health Savings Account Taxes 242

WEX Inc.

DECEMBER 11, 2024

Fortunately, health savings accounts (HSAs) and flexible spending accounts (FSAs) cover many common winter eligible expenses you might turn to this time of year! For many, winter is as synonymous for snowflakes as it is for sinus problems. Weve compiled a few common seasonal issues and eligible expenses that can help.

Flexible Spending Account 52

Flexible Spending Account Health Savings Account Flexible Spending Taxes 52

WEX Inc.

DECEMBER 18, 2024

Flexible spending accounts (FSA) Flexible spending accounts (FSAs) offer a valuable tax-advantaged benefit, but the IRS use-or-lose rule can result in forfeited funds if employees dont use their balances by the deadline. Key dates February 28, 2025: Paper filing deadline for 1095-C forms.

Family and Medical Leave Act 52

Family and Medical Leave Act Flexible Spending Account Flexible Spending Insurance Carriers 52

Money Talk

MAY 18, 2022

Five examples are tax-loss harvesting, Roth IRA conversions, qualified charitable contributions (age 70½ +), setting up a donor advised fund, and increased contributions to a tax-deferred retirement savings plan, health savings account or HSA (if eligible), or flexible spending account or FSA (if available).

Taxes 263

Taxes 401(k) Deductions Deductible 263

Flimp Communications

DECEMBER 10, 2024

As year-end draws closer, countless employees unknowingly leave money on the tablemoney theyve set aside for healthcare through their Flexible Spending Accounts (FSAs). For employees, it means paying out of pocket for expenses that could have been purchased with pre-tax dollars.

Utilities 98

Utilities Family and Medical Leave Act Flexible Spending Account Medical 98

Insperity

NOVEMBER 26, 2024

Add health savings accounts and flexible spending accounts. Child and elder care assistance (flexible spending accounts or company reimbursements to cover these costs). For example, some employers are adopting health plans that cover, or at least provide some reimbursement for, reproductive health.

Employee Benefits 72

Employee Benefits Family and Medical Leave Act PTO Flexible Spending Account 72

WEX Inc.

JANUARY 2, 2025

5 common FSA terms you should know Boost your understanding of flexible spending accounts (FSAs) by mastering these 5 common terms. Learn about the eligibility requirements, significant savings opportunities, and quick reimbursement features of dependent care FSAs in our latest blog post and podcast episode.

Flexible Spending Account 52

Flexible Spending Account Health Savings Account Flexible Spending Taxes 52

HR Lineup

MAY 10, 2024

Enhance Employee Benefits and Perks Review and Update Benefits Packages: Regularly assess employee benefits to ensure they align with the evolving needs and preferences of the workforce, considering options such as wellness programs , mental health resources, and flexible spending accounts.

Benefits Package 246

Benefits Package Flexible Spending Account Employee Retention Flexible Spending 246

HR Lineup

MAY 9, 2023

In addition to health insurance and retirement savings plans, Pazcare also offers flexible spending accounts (FSAs). FSAs are pre-tax accounts that employees can use to pay for eligible healthcare expenses, such as medical bills or prescriptions.

401(k) 130

401(k) Flexible Spending Account Health Insurance PTO 130

McDermott Will & Emery Employee Benefits

OCTOBER 19, 2022

On October 18, 2022, the Internal Revenue Service (IRS) announced cost-of-living adjustments to the applicable dollar limits for certain account-based health and welfare plans (see Rev. The post IRS Announces Cost-of-Living Adjustments for Health and Welfare Plans appeared first on EMPLOYEE BENEFITS BLOG.

Health and Welfare 98

Health and Welfare Flexible Spending Account Flexible Spending Salary 98

WEX Inc.

JANUARY 8, 2025

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. Weve compiled some tips to help you if you participate in a WEX benefits plan.

Flexible Spending Account 52

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

Money Talk

AUGUST 3, 2022

They include 529 college savings plans, flexible spending accounts (FSAs), tax-deferred annuities, and health savings accounts (HSAs) for people with high-deductible health insurance plans. Bottom Line: tax-efficient investment strategies allow investors to retain more of their investment earnings.

Taxes 189

Taxes 401(k) Flexible Spending Account Deductions 189

PeopleKeep

AUGUST 4, 2021

These codes are a quick way for you to see which items on your receipt can be paid for through your health savings account (HSA), your flexible spending account (FSA), or are eligible for reimbursement through your health reimbursement arrangement (HRA).

Medical 98

Medical Flexible Spending Account Health Savings Account Flexible Spending 98

PeopleKeep

MAY 20, 2021

One way small employers can avoid high insurance costs while still offering a formal health benefit to recruit and retain top talent is an account-based health plan (ABHP). Plans like health reimbursement arrangements (HRAs), health savings accounts (HSAs), and flexible spending accounts (FSAs) are all ABHPs that are growing in popularity.

Flexible Spending Account 98

Flexible Spending Account Health Savings Account Flexible Spending Healthcare 98

PeopleKeep

AUGUST 16, 2021

From choosing your own individual health insurance plan to spending your HRA dollars on the qualifying out-of-pocket medical expenses that make sense for you, an HRA gives you the freedom to choose. When making your decision, there are important regulations to keep in mind to make sure you’re coordinating the two health plans appropriately.

Flexible Spending Account 98

Flexible Spending Account Flexible Spending Health Insurance Healthcare 98

Money Talk

JANUARY 19, 2022

Check Your FSA - Learn the rules for your flexible spending account (FSA). When you feel “imposter syndrome” at work or that nobody cares about your paid or volunteer efforts, pull these items out and read them. Many people had elective medical procedures canceled in 2021 or their child care needs changed.

Flexible Spending Account 187

Flexible Spending Account Taxes Pension Deductions 187

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)? If you’re a first-time medical FSA participant, you may not be familiar with FSA definitions and rules.

Medical 98

Medical Flexible Spending Account Flexible Spending Taxes 98

WEX Inc.

SEPTEMBER 18, 2024

For example, a medical flexible spending account (FSA) is governed by the IRS’ use-or-lose rule , so it’s important that you choose the right contribution amount each year or risk losing money at the end of the plan year. The “daily grind” can often get in the way of the big picture, but don’t let it!

401(k) 52

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

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.

401(k) 98

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

PeopleKeep

FEBRUARY 8, 2023

Many employers are familiar with account-based benefits like health savings accounts (HSAs), flexible spending accounts (FSAs), and health reimbursement arrangements (HRAs). But some may not be as familiar with lifestyle spending accounts (LSAs), which are a relatively new benefit type.

Flexible Spending Account 98

Flexible Spending Account Health Savings Account Flexible Spending Employment 98

WEX Inc.

JANUARY 8, 2021

Many employees took advantage of health and dependent care flexible spending accounts (FSAs) in 2020, only to see those funds languish unused as day cares closed and routine medical visits were put off to protect family members. New bill offers new options to employers, improving benefits of FSA.

Flexible Spending Account 98

Flexible Spending Account Flexible Spending Employment Medical 98

HR Lineup

MAY 11, 2023

PeopleKeep also provides flexible spending accounts (FSAs), health reimbursement arrangements (HRAs), and health savings accounts (HSAs) to help employees save money on healthcare expenses. One of the key features of PeopleKeep is its ease of use.

Flexible Spending Account 130

Flexible Spending Account Health Savings Account Benefits Package Flexible Spending 130

WEX Inc.

JANUARY 14, 2025

Schedule workshops or webinars to break down complex topics like: Health savings accounts (HSAs) Flexible spending accounts (FSAs) Retirement planning options Emphasize the total rewards picture Highlight how your benefits program fits into your companys total rewards strategy.

Flexible Spending Account 52

Flexible Spending Account Health Savings Account Flexible Spending Retirement Plan 52

Money Talk

JUNE 29, 2022

In it, I urged a review of tax deductions/credits, tax withholding, budgeting/cash flow, flexible spending accounts, financial goal progress, and investment portfolio status. Last year, I wrote a blog post about mid-year financial check-up s for the OneOp Personal Finance team.

401(k) 189

401(k) Out of Pocket Cost Finance Flexible Spending Account 189

InterWest Insurance Services

MARCH 22, 2022

Flexible spending account. Call us for more information on how you can set up a flexible benefit plan for your staff. There are several types of flexible benefit plans, including cafeteria plans and flexible spending accounts. Flexible spending accounts.

Flexible Spending Account 96

Flexible Spending Account 401(k) Flexible Spending Deductions 96

HR Lineup

JUNE 9, 2023

Through the platform, employers can offer a wide range of benefits, including health insurance, retirement plans, flexible spending accounts, and more. In addition to benefits administration, Businessolver recognizes the importance of employee engagement and wellbeing.

Flexible Spending Account 130

Flexible Spending Account Flexible Spending Retirement Plan Health Insurance 130

HR Lineup

FEBRUARY 9, 2023

The platform also offers a flexible spending account (FSA) option, allowing employees to set aside pre-tax dollars for eligible medical and dependent care expenses. With GoCo, employees have access to a comprehensive benefits marketplace where they can compare plans and select the best options for their individual needs.

Flexible Spending Account 130

Flexible Spending Account Comprehensive Benefits Flexible Spending Retirement Plan 130

BerniePortal

SEPTEMBER 15, 2021

This is typically paid out via a Flexible Spending Account (FSA). Dependent care FSAs can also be referred to as dependent care reimbursement accounts or DCRAs. Dependent care refers to a benefit which offers support for those employees who need help paying for their dependents.

Flexible Spending Account 97

Flexible Spending Account Flexible Spending IT Taxes 97

HR Lineup

JUNE 15, 2023

It allows employees to explore and select their desired benefits packages from a wide range of options, including health insurance, retirement plans, flexible spending accounts, and more. One of the key features of Benefit Elect is its robust benefits enrollment system.

Flexible Spending Account 130

Flexible Spending Account Benefits Package Flexible Spending Retirement Plan 130

HR Lineup

JUNE 14, 2023

Through a user-friendly interface, employees can easily access and manage their benefits, including health insurance, retirement plans, flexible spending accounts, and more. The platform is highly configurable, allowing employers to tailor their benefits programs to meet the unique needs of their workforce.

Flexible Spending Account 130

Flexible Spending Account Flexible Spending Retirement Plan Health Insurance 130

HR Lineup

JUNE 9, 2023

This means that employers can easily manage various benefit plans, such as health insurance, retirement savings, flexible spending accounts, and more, all in one place. One of the key advantages of Benefitfirst is its ability to consolidate multiple benefits offerings into a single, centralized platform.

Flexible Spending Account 130

Flexible Spending Account Flexible Spending Utilities Health Insurance 130

HR Lineup

JUNE 9, 2023

The platform supports a wide range of benefit types, including health insurance, dental and vision coverage, retirement plans, flexible spending accounts, and more. With BENEFITFOCUS, employers can create customized benefits plans that meet the unique needs of their workforce.

Flexible Spending Account 130

Flexible Spending Account Flexible Spending Retirement Plan Health Insurance 130

HR Lineup

FEBRUARY 14, 2023

They offer a wide range of services, including group health insurance, dental and vision coverage, life insurance, short- and long-term disability insurance, flexible spending accounts, and more. Their mission is to help companies attract, retain and engage their employees through comprehensive and innovative benefits programs.

Employee Benefits 130

Employee Benefits Flexible Spending Account Disability Insurance Flexible Spending 130

Benefit Resource Inc.

NOVEMBER 7, 2022

For a long time, I believed you were either for Health Savings Accounts (HSAs) or you were for Flexible Spending Accounts (FSAs), but you couldn’t be for both. The very nature of HSAs prevented you from also participating in a General Medical FSA.

Flexible Spending Account 98

Flexible Spending Account Health Savings Account Flexible Spending Medical 98

WEX Inc.

SEPTEMBER 26, 2024

When things change at lightspeed, it is imperative to have team members who understand what you need to do to stay in compliance, but also develop a detailed plan to execute, predict and account for downstream impacts. Do our employees understand and value their benefits?

Employment 52

Employment Flexible Spending Account Flexible Spending Education 52

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.

Flexible Spending Account 98

Flexible Spending Account Health Savings Account Flexible Spending Medical 98