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Mid-Year Financial Tweaks and Tasks

Money Talk

Even 1% more of pay in savings adds up over time. Health Savings Account (HSA) Tweak - By mid-year, you know what you already spent for health care services through June. This information can help inform decisions about how much more to save up to the 2023 limits of $3,850 (self-only) and $7,750 (family coverage).

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Utilizing Pre-Tax Benefits to Prioritize Health in 2023

Benefit Resource Inc.

Taking advantage of pre-tax benefits offered through work will help increase your financial security while providing peace of mind knowing that you are taking proactive steps towards prioritizing your health this year. The post Utilizing Pre-Tax Benefits to Prioritize Health in 2023 appeared first on BRI | Benefit Resource.

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New benefits plan year tips for HR

WEX Inc.

Utilize multiple channelsemail, intranet, video tutorials, and town hall meetingsto ensure employees understand: Key changes to the benefits plan Enrollment deadlines Tools available to help them make informed decisions Consider leveraging AI-driven communication tools to personalize messages and answer common questions in real time.

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Why pet benefits could be the missing piece in your recruiting/retention efforts

WEX Inc.

Benefits: Encourages regular preventative care, promoting overall pet health. Can be a cost-effective option for pet owners who frequently utilize preventive services. Helps offset the costs of routine veterinary visits and preventative treatments. Peace of mind knowing that your pet is covered for life.

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What to know about medical reimbursement plans

PeopleKeep

There are a few different types of medical reimbursement plans including: Health Reimbursement Arrangements (HRAs), Healthcare Reimbursement Plans (HRPs), Health Savings Accounts (HSAs), and Health Flexible Spending Accounts (FSAs). Flexible Spending Accounts (FSAs).

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5 benefits trends to watch in 2020

Benefit Resource Inc.

The buzz phrase “health and wellness” is currently widely used to reference services or products that take a more holistic approach to care. So, how will this affect tax advantaged accounts like Flexible Spending Accounts and Health Reimbursement Accounts?

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17 Surprising Ways to Use your Medical FSA Funds

Benefit Resource Inc.

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! Use-It-Or-Lose-It.

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