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

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.

Flexible Spending Account 95

Flexible Spending Account Health Savings Account Flexible Spending Taxes 95

InterWest Insurance Services

MARCH 4, 2022

You can claim a tax deduction for the funds you transfer to your employees’ HRAs, and the funds they withdraw from the accounts to reimburse for medical-related expenses are generally tax-free. Unlike HSAs and flexible spending accounts, though, HRAs are solely funded by employers. Vision expenses.

Medical 98

Medical Health Insurance Out of Pocket Cost Deductions 98

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). Protect Skin and Vision Sunscreen with SPF 15 or higher is eligible for FSA reimbursement, making it an excellent year-round purchase.

Utilities 98

Utilities Family and Medical Leave Act Flexible Spending Account Medical 98

Benefit Resource Inc.

DECEMBER 8, 2023

The Birth of HSAs HSAs were created with the vision of empowering individuals to take control of their healthcare expenses while providing tax advantages. The idea was to combine a high-deductible health plan (HDHP) with a tax-advantaged savings account, allowing individuals to set aside pre-tax dollars for qualified medical expenses.

Health Savings Account 98

Health Savings Account Flexible Spending Account Healthcare Taxes 98

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. What you can do: Highlight the flexibility of FSAs. Emphasize that eligible expenses encompass a wide range of medical, dental, and vision costs, as well as dependent care expenses.

Flexible Spending Account 98

Flexible Spending Account Take Home Pay Flexible Spending Healthcare 98

WEX Inc.

JULY 20, 2023

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). Ideally, more vision options.” However, not all employees are offered these benefits.

Deductions 75

Deductions Deductible Flexible Spending Account Health Savings Account 75

Genesis HR Solutions

SEPTEMBER 22, 2020

Vision Insurance. Vision insurance is designed to help your employees cover and budget for ongoing vision care expenses like routine eye exams, prescription glasses, and contact lenses. Flexible Spending Account (FSA). Here’s exactly what you need to do to retain them.

401(k) 98

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

HR Digest

MAY 21, 2023

Health care flexible spending accounts 3. Dental or vision insurance 4. Voluntary benefits are the opportunity to stand out from the competitors, reflect on the company’s priorities and values, and demonstrate its commitment to the employees. Some top choices trending today include: 1. Tuition reimbursement 4.

Benefits Package 105

Benefits Package 401(k) Employee Benefits Disability Insurance 105

Benefit Resource Inc.

MARCH 31, 2022

Health and medical expenses are covered by a Flexible Spending Account or Medical FSA to promote general well-being. These accounts are used to cover health and medical expenses both for you and your dependents (usually children). Take advantage of your pre-tax benefits this year!

Medical 75

Medical Flexible Spending Account Health Savings Account Flexible Spending 75

Benefit Resource Inc.

MAY 27, 2021

Fortunately, there’s another option… Enroll in a Limited Purpose Flexible Spending Account (FSA). A Limited Purpose FSA (also known as a Limited FSA or Limited Medical FSA) allows you to pay for dental and vision services with tax-free money. Copayments and dental plan deductibles.

Flexible Spending Account 75

Flexible Spending Account Flexible Spending Health Savings Account Health 75

Benefit Resource Inc.

DECEMBER 20, 2021

As the end of 2021 and the plan year looms, it’s crucial to consider what you can do with any remaining funds in your Flexible Spending Account (FSA). Most of the funds in your FSA need to be spent before the end of the plan year because you may lose what you don’t spend.

Flexible Spending Account 75

Flexible Spending Account Health Savings Account Flexible Spending Medical 75

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

Griffin Benefits

MARCH 16, 2022

Consider that 43% of employees spend time working on their personal finances while at work. As a result, many employers realize that a myopic focus on core benefits like health, dental, and vision shortchanges employees. Review what services are already offered and build a strategy to increase employee engagement with them. ??

Flexible Spending Account 89

Flexible Spending Account Retirement Plan Health Savings Account Voluntary Benefits 89

Business Management Daily

DECEMBER 1, 2019

Best practice: List all benefits and deductions to determine whether they’re impacted: Medical, dental, life, vision, group-term life insurance, long-term disability, dependent care, flexible spending accounts and health savings accounts. Ditto for bonuses that are based on actual wages paid.

Payroll 83

Payroll 401(k) Deductions Deductible 83

Benefit Resource Inc.

NOVEMBER 11, 2022

Did you know you can use your Flexible Spending Account (FSA) funds to cover a wide range of out-of-pocket healthcare costs, including vision care. Eligible expenses include annual eye exams, contact lenses, and eyeglasses.

Flexible Spending Account 73

Flexible Spending Account Flexible Spending Insurance Health 73

HR Lineup

OCTOBER 21, 2024

Covers medical, dental, vision, and other health-related benefits. Certified Health Savings Adviser (CHSA®) The Certified Health Savings Adviser (CHSA®) is a specialized credential that focuses on Health Savings Accounts (HSAs), Flexible Spending Accounts (FSAs), and other consumer-driven healthcare options.

401(k) 68

401(k) Employee Benefits Retirement Plan Health Savings Account 68

Benefit Resource Inc.

OCTOBER 18, 2018

If you have a Flexible Spending Account (FSA), you know that every year during Open Enrollment (OE), you choose how much to put aside in the account, otherwise known as your election. It should help cover your expenses after insurance across medical, vision and dental. Annual vision costs after insurance.

Deductions 74

Deductions Deductible Health Flexible Spending Account 74

Insperity

APRIL 16, 2015

This includes medical, dental and vision coverage, a health care flexible spending account , a retirement plan, life insurance and personal accident insurance, short-term and long-term disability insurance, adoption assistance, commuter benefits and educational assistance.

Payroll 96

Payroll Flexible Spending Account Disability Insurance Insurance 96

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 68

Employee Benefits Family and Medical Leave Act PTO Flexible Spending Account 68

WEX Inc.

JUNE 13, 2024

Flexible spending accounts (FSAs) allow your employees to use pre-tax dollars to cover eligible out-of-pocket healthcare expenses, providing a tax-efficient way to manage medical costs and helping you and your employees save money. But how can you effectively communicate and offer FSAs to your employees?

Flexible Spending Account 52

Flexible Spending Account Flexible Spending Health Savings Account Taxes 52

Employee Benefits

OCTOBER 26, 2023

Insight Enterprises offers its employees dental, disability, health, life and vision insurance, a flexible spending account, mental health benefits, adoption assistance, childcare benefits, family medical leave, remote and flexible working, a bonus scheme and paid time to volunteer.

Flexible Spending Account 59

Flexible Spending Account Flexible Spending Human Resources Bonuses 59

Insperity

MAY 13, 2015

An HSA is not the same as a flexible spending account (FSA), which is an employer-sponsored plan and requires employees to use or lose their contributions each year. Instead, HSA money belongs to the employee and remains in the account until used. Pediatric dental and vision requirements aren’t what you thought.

Health Insurance 83

Health Insurance Insurance Out of Pocket Cost Health Savings Account 83

Benefit Resource Inc.

APRIL 18, 2023

One such way is by utilizing health savings accounts (HSAs) and flexible spending accounts (FSAs). Health Savings Accounts allow employees (and employers) to contribute to a tax-free account to be used for eligible medical expenses. What is an HSA? What is an FSA?

Medical 52

Medical Flexible Spending Account Health Savings Account Flexible Spending 52

Benefit Resource Inc.

MARCH 28, 2024

From flexible spending accounts (FSAs) to health savings accounts (HSAs) and commuter benefits, these options offer significant advantages if managed wisely. Know Your Pre-Tax Benefit Options Flexible spending accounts (FSAs): An FSA allows you to set aside pre-tax dollars for eligible healthcare expenses.

Flexible Spending Account 52

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

Genesis HR Solutions

JANUARY 24, 2023

Flexible Spending Account (FSA): An FSA (also known as a flexible spending arrangement) is a special account employees put money into that they use to pay for certain out-of-pocket health care costs. Dental, vision, and disability insurance. Employers usually cover a portion of this premium.

Family and Medical Leave Act 98

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

Benefit Resource Inc.

APRIL 21, 2021

There is a subsidy for 100% of premiums (including 2% administration fees) for the cost of Group Health Plans, including: Medical, Dental, Vision, and most HRAs. Flexible Spending Accounts are not eligible for subsidy. The subsidy is available for both fully insured and self-insured plans. What is the subsidy period?

Flexible Spending Account 74

Flexible Spending Account Taxes Flexible Spending Insurance 74

HR Lineup

MAY 11, 2023

Employers can choose from a range of pre-tax benefits, including health insurance, dental insurance, vision insurance, and other types of benefits. PeopleKeep also provides flexible spending accounts (FSAs), health reimbursement arrangements (HRAs), and health savings accounts (HSAs) to help employees save money on healthcare expenses.

Flexible Spending Account 52

Flexible Spending Account Health Savings Account Benefits Package Flexible Spending 52

Benefit Resource Inc.

OCTOBER 16, 2018

The specific account options you have will vary based on plans offered by your employer. Several of the most common accounts are listed here. A Medical Flexible Spending Account (Medical FSA) allows you to use tax-free money to pay for your family’s medical expenses. Medical FSA. Dependent Care FSA.

Health Savings Account 55

Health Savings Account Flexible Spending Account Flexible Spending Medical 55

HR Lineup

FEBRUARY 9, 2023

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. 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.

Flexible Spending Account 52

Flexible Spending Account Comprehensive Benefits Flexible Spending Retirement Plan 52

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 Deductions 85

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 52

Flexible Spending Account Flexible Spending Retirement Plan Health Insurance 52

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.

Employee Benefits 52

Employee Benefits Flexible Spending Account Disability Insurance Flexible Spending 52

Benefit Resource Inc.

NOVEMBER 19, 2019

One of the most common cafeteria plans is a flex account, or flexible spending account (FSA). This type of cafeteria plan gives employees the option to enroll in an account that allows them to set aside money from their paycheck tax-free and use it for qualified medical expenses. Dependent Care Account.

Flexible Spending Account 40

Flexible Spending Account Flexible Spending Taxes Take Home Pay 40

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.

Flexible Spending Account 40

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

COMPackage

SEPTEMBER 30, 2024

Benefits: This category encompasses a wide range of benefits, such as: Health insurance (medical, dental, vision) Retirement plans (401(k), pension) Life insurance Disability insurance Paid time off (vacation, sick leave, personal days) Flexible spending accounts (FSA) Employee assistance programs (EAP) Perks: These are additional non-monetary benefits (..)

401(k) 40

401(k) Flexible Spending Account Disability Insurance Employment 40

WEX Inc.

NOVEMBER 27, 2024

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. As mentioned above, you can participate in an HSA only if you are enrolled in an HDHP.

Deductions 52

Deductions Deductible Health Savings Account Flexible Spending Account 52