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Maximizing FSA Utilization: Why Communication from HR Is Key

Flimp Communications

As year-end draws closer, countless employees unknowingly leave money on the tablemoney theyve set aside for healthcare through their Flexible Spending Accounts (FSAs). The post Maximizing FSA Utilization: Why Communication from HR Is Key appeared first on Flimp.

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Mid-Year Financial Tweaks and Tasks

Money Talk

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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Utilizing Pre-Tax Benefits to Prioritize Health in 2023

Benefit Resource Inc.

With a Flexible Spending Account (FSA), you can set aside up to $3,050 in pre-tax dollars per calendar year to pay for eligible medical expenses like doctor visits, hospitalizations, and prescription medications. The post Utilizing Pre-Tax Benefits to Prioritize Health in 2023 appeared first on BRI | Benefit Resource.

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Pazcare

HR Lineup

The platform is designed to help medical professionals and patients manage healthcare needs more efficiently, utilizing technology to improve the overall healthcare experience. In addition to health insurance and retirement savings plans, Pazcare also offers flexible spending accounts (FSAs).

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Benefitfirst

HR Lineup

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. The platform utilizes advanced encryption and secure data storage methods to protect sensitive employee information.

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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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It’s Time for a Mid-Year Financial Check-Up

Money Talk

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. Automated Payments Review - Payments for utilities (e.g., Start with a review of property insurance coverage with an insurance agent.

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