Remove Flexible Spending Account Remove Professional Employer Organization Remove Taxes
article thumbnail

What is a PEO?

Insperity

The good news: There’s help out there – it’s called a professional employer organization (PEO). These organizations can work with your company to provide comprehensive and affordable payroll, benefits and human resource services through a business-to-business relationship called “co-employment.

Payroll 110
article thumbnail

5 steps to more financially stable employees

Insperity

This alone can help ease some of your employees’ money concerns because they will have the opportunity to get things like medical insurance, disability, flexible spending accounts, retirement plans and more. Also, offer an employer match, if possible, on a percentage of their pay. Everybody wins.

401(k) 81
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Considerations For A Successful PEO Exit Strategy

Griffin Benefits

Has your company outgrown its Professional Employer Organization (PEO)? You may need an HR program that’s more customized for your organization’s needs than a PEO can provide. Here are key considerations: TIMING AND THE TAX YEAR If you can terminate the PEO relationship at the start of the calendar year, great.

article thumbnail

7 PEO benefits that can save you money

Insperity

They are when you outsource your heaviest HR burdens to a professional employer organization (PEO). In a nutshell, a PEO is an organization that enters into a co-employment relationship with your company, assuming many of your employer-related HR responsibilities, such as payroll and benefits.

401(k) 75
article thumbnail

Don’t Let Rising Health Care Costs Sink Your Business

Insperity

Employers and employees contribute to these accounts using pre-tax dollars. HRAs (Health Reimbursement Accounts): Health reimbursement accounts are funded by employers with tax-free money. HRAs are administered by third parties and the money in the account is allowed to roll over from year to year.

article thumbnail

Health Care Reform: 4 Ways to Find Health Insurance for Your Business

Insperity

Though the employer mandate provisions of the Affordable Care Act have been delayed, health care insurance costs, taxes and fees are expected to continue to climb. Use an HR outsourcing company (such as a PEO or Professional Employer Organization).

article thumbnail

Health Care Reform: How a PEO Can Put Your Mind at Ease

Insperity

If you’d rather focus on the core functions of your business, a relationship with an HR outsourcing company – more specifically, a professional employer organization (PEO) – can help with the complexity, compliance and cost brought on by health care reform. flexible spending accounts, life and disability insurance).

401(k) 40