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). If you’re an employer, performing non-discrimination testing (NDT) is important when it comes to offering benefits to your employees. What is 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).

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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! Winter only makes symptoms worse for many due to cold air and the amount of time people spend indoors. Shop hundreds of eligible expenses at FSA Store!

Flexible Spending Account 52

Flexible Spending Account Health Savings Account Flexible Spending Taxes 52

Money Talk

MAY 18, 2022

2021) or 90% of current year (2022) tax liability using a W-4 form at work for job-related income tax withholding; withholding for Social Security, a pension, and required minimum distributions through account custodians; and/or quarterly estimated payments using IRS Form 1040-ES. They are a great retirement savings tool.

Taxes 263

Taxes 401(k) Deductions Deductible 263

WEX Inc.

AUGUST 14, 2023

A flexible spending account (FSA) carryover is one way you can provide flexibility to employees who participate in these accounts. We break down FSA carryovers below. Read our blog posts on grace periods and run-out periods for the rest of the series. Can FSA funds carry over to next year?

Flexible Spending Account 98

Flexible Spending Account IT Flexible Spending Taxes 98

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.

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

Patriot Software

OCTOBER 19, 2022

Many employers use flexible spending accounts (FSAs) to help employees pay for their medical-related expenses. Years ago, the “use it or lose it” rule was the main guideline for how employees could spend their money. Under this rule, employees forfeit any leftover money to you at the end of their plan year.

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Flexible Spending Account IT Flexible Spending Medical 82

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 how to consolidate your accounts and maximize your savings potential by reading our blog post. How much should I contribute to my HSA? Do you have multiple HSAs open?

Flexible Spending Account 52

Flexible Spending Account Health Savings Account Flexible Spending Taxes 52

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

WEX Inc.

OCTOBER 17, 2024

One intriguing possibility is that lower drug prices could lead to a shift in how employees use tax-advantaged benefits like HSAs and flexible spending accounts (FSAs). He suggested that bipartisan efforts to address rising drug prices could emerge, which could ultimately benefit both employers and employees by lowering costs.

Employee Benefits 59

Employee Benefits Flexible Spending Account Health Savings Account Out of Pocket Cost 59

HR Lineup

MAY 10, 2024

The contemporary workforce is influenced by various trends, including: The Rise of Remote Work: The widespread adoption of remote work has reshaped traditional notions of workplace flexibility and work-life balance.

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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. Another employee benefit that Pazcare offers is retirement savings plans.

401(k) 130

401(k) Flexible Spending Account Health Insurance PTO 130

HR Digest

MAY 21, 2023

Health care flexible spending accounts 3. Flexible scheduling 11. Introducing the employee benefits package to the employees 6. Create a plan to review the employee benefits package routinely Business Owner and Manager together can design employer benefits package as it is key to attracting and retaining top talent.

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Benefits Package 401(k) Employee Benefits Disability Insurance 105

Money Talk

AUGUST 3, 2022

a regular bank or brokerage account) where earnings are taxed in the year they are received, tax-deferred investments (e.g., When rebalancing a portfolio back to its target asset allocation weights, consider selling securities within tax-deferred accounts to avoid having to take taxable capital gains from taxable accounts.

Taxes 189

Taxes 401(k) Flexible Spending Account Deductions 189

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. From your online account, hover over Accounts and click on Profile Summary. Its an expectation. How do you do this? How do you do this?

Flexible Spending Account 52

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

PeopleKeep

AUGUST 16, 2021

One important choice you’ll need to make is whether you want to combine your HRA with other account-based health plans your employer may offer, like a flexible spending account (FSA).

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). Below are 11 of my key take-aways: Create Your Own TDF Glide Path - Consider personal factors when choosing a target date fund (TDF) glide path (i.e., the investment mix of TDF assets at various ages). It is a common financial blind spot.

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Flexible Spending Account Taxes Pension Deductions 187

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. We are almost at the halfway mark of 2022, which makes this a perfect time to assess your financial progress and take action over the next six months.

401(k) 189

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

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. Use available tools and resources to learn more about pre-tax benefits and to plan for the year ahead.

401(k) 52

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

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. Another benefit of using PeopleKeep is the flexibility it offers. 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. It is not legal or tax advice.

Flexible Spending Account 52

Flexible Spending Account Health Savings Account Flexible Spending Retirement Plan 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. Is an HSA or FSA use-it-or-lose-it ?

401(k) 98

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

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)? This documentation can typically be sent through an online account, mobile app, fax, or mail. Check out our podcast episode below! It is not legal or tax advice.

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Medical Flexible Spending Account Flexible Spending Taxes 98

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. The company’s website serves as a gateway to its innovative solutions and showcases its commitment to empowering HR professionals and employees alike.

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. One of the key benefits of GoCo is its ease of use.

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Flexible Spending Account Comprehensive Benefits Flexible Spending Retirement Plan 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. Selerix is a leading provider of cloud-based technology solutions for benefits administration and enrollment.

Flexible Spending Account 130

Flexible Spending Account Flexible Spending Retirement Plan Health Insurance 130

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. At its core, Benefit Elect aims to revolutionize the way organizations handle their employee benefits.

Flexible Spending Account 130

Flexible Spending Account Benefits Package Flexible Spending Retirement Plan 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. Benefitfirst is a leading online platform that offers a comprehensive range of employee benefits and engagement solutions.

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Flexible Spending Account Flexible Spending Utilities Health Insurance 130

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.

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Flexible Spending Account 401(k) Flexible Spending Deductions 96

Achievers

MARCH 12, 2019

If that’s not feasible, you may be able to join the 58 percent of smaller firms (and 83 percent of larger ones) who offer a dependent care flexible spending account. Flexibility is an obvious solution to work-life scheduling conflicts. Make Sure Employees Take All Their Paid Leave. Flex the Time and Location of Work.

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Flexible Spending Account PTO Flexible Spending Paid Leave 181

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. Does our technology make it easy for employees to engage with their benefits? Check out our handout. Download now!

Employment 52

Employment Flexible Spending Account Flexible Spending Education 52

HR Lineup

JULY 10, 2023

It simplifies the enrollment and management of employee benefits programs, such as health insurance, retirement plans, and flexible spending accounts. The platform is designed to be user-friendly and intuitive, allowing HR professionals and managers to easily navigate and perform their tasks efficiently.

Flexible Spending Account 130

Flexible Spending Account Payroll Flexible Spending Retirement Plan 130

HR Lineup

JUNE 9, 2023

The platform enables HR teams to manage employee benefits, such as health insurance, retirement plans, and flexible spending accounts. In addition to these core features, iSolved provides integration capabilities with other business systems, such as accounting software and third-party applications.

Flexible Spending Account 130

Flexible Spending Account Payroll Flexible Spending Retirement Plan 130

HR Lineup

JUNE 9, 2023

The company offers a range of financial security benefits, such as life insurance, disability coverage, and flexible spending accounts, which help employees safeguard against unexpected events and manage their finances effectively. The post PES Benefits appeared first on HR Lineup.

Retirement Plan 130

Retirement Plan Flexible Spending Account Flexible Spending Life Insurance 130

Flimp Communications

FEBRUARY 25, 2025

In previous articles, we have covered several strategies for demystifying HSAs , HDHPs, and similarly confusing tax-advantaged programs like flexible spending accounts (FSAs). People count on their refunds to pay down debt, boost their savings, and fund major expenditures like home improvement or a long-overdue family vacation.

Taxes 69

Taxes Deductions Deductible Flexible Spending Account 69

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.

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Employee Benefits Flexible Spending Account Disability Insurance Flexible Spending 130

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.

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Flexible Spending Account Health Savings Account Flexible Spending Medical 98