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Flexible Benefit Plans Give Employees More Options

InterWest Insurance Services

Flexible spending account. Besides the fact that your employees use money that hasn’t been taxed to pay for these benefits, the payroll deductions for them also reduce their taxable income while raising take-home pay. Flexible spending accounts.

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5 ways to alleviate your employees' hesitations with choosing in an FSA

WEX Inc.

Flexible spending accounts (FSAs) are a powerful tool for individuals and employers to save money on healthcare and dependent care expenses. EOB Smart Scan, which uses artificial intelligence (AI) to scan a participant’s Explanation of Benefits (EOB) and auto-fill necessary claim information. Download now!

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6 Key HSA Benefits to Communicate to Employees

Flimp Communications

HSAs Are Not the Same As FSAs Some of the confusion around HSAs may be rooted in their association with flexible spending accounts (FSAs). Both account types are funded with pre-tax contributions, and both can be used to cover healthcare expenses. HSAs are savings accounts. But the similarities end there.

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9 Nontaxable Employee Benefits for Maximizing Your Income and Workplace Satisfaction

Empuls

By understanding the types of tax free benefits available, both employers and employees can make informed decisions that maximize their financial well-being. They can range from health insurance coverage to retirement plans, flexible spending accounts, transportation benefits, education assistance, and more.

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What is a dependent care FSA?

WEX Inc.

A dependent care flexible spending account (FSA) lets participants set aside pre-tax dollars to help pay for dependent care. Use our FSA calculator to see how FSAs can help you pay less taxes and increase your take-home pay. The information in this blog post is for educational purposes only.