HR Digest

MAY 21, 2023

Health care flexible spending accounts 3. Dental or vision insurance 4. 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.

Benefits Package 105

Benefits Package 401(k) Employee Benefits Disability Insurance 105

HR Lineup

MAY 11, 2023

Employers can choose from a range of pre-tax benefits, including health insurance, dental insurance, vision insurance, and other types of benefits. PeopleKeep also provides flexible spending accounts (FSAs), health reimbursement arrangements (HRAs), and health savings accounts (HSAs) to help employees save money on healthcare expenses.

Flexible Spending Account 130

Flexible Spending Account Health Savings Account Benefits Package Flexible Spending 130

HR Lineup

FEBRUARY 9, 2023

GoCo also offers a wide range of employee benefits options, including health, dental, and vision insurance, as well as a range of wellness programs and resources. 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.

Flexible Spending Account 130

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

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)? A medical FSA is a tax-advantaged employee benefit that gives participants the opportunity to save on out-of-pocket medical, dental, and vision eligible expenses.

Medical 98

Medical Flexible Spending Account Flexible Spending Taxes 98

HR Lineup

JUNE 9, 2023

The health and wellness programs offered by PES Benefits encompass a wide range of services, including medical, dental, and vision coverage, as well as wellness initiatives such as fitness programs, preventive care, and mental health support. The post PES Benefits appeared first on HR Lineup.

Retirement Plan 130

Retirement Plan Flexible Spending Account Flexible Spending Life Insurance 130

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.

Employee Benefits 130

Employee Benefits Flexible Spending Account Disability Insurance Flexible Spending 130

HR Lineup

FEBRUARY 13, 2023

USI’s benefits offerings include a comprehensive suite of health insurance options, including medical, dental, and vision insurance. The company also offers flexible spending accounts (FSAs) and health savings accounts (HSAs) to help employees save money on healthcare costs.

Employee Benefits 130

Employee Benefits Flexible Spending Account Disability Insurance Health Savings Account 130

WEX Inc.

AUGUST 2, 2023

A flexible spending account (FSA) allows participants to save money by setting aside pre-tax dollars to pay for eligible medical, dental , vision and dependent care expenses incurred by you, your spouse, or your eligible dependents. Limited medical FSA, which covers eligible dental, vision and preventative care expenses.

Flexible Spending Account 98

Flexible Spending Account Deductions Deductible Health 98

WEX Inc.

NOVEMBER 27, 2024

Pre-tax employee benefits plans, such as HSAs and flexible spending accounts (FSAs) , let you save money by putting aside pre-tax dollars to pay for eligible medical, dental, vision and other expenses. As mentioned above, you can participate in an HSA only if you are enrolled in an HDHP. It is not legal or tax advice.

Deductions 52

Deductions Deductible Health Savings Account Flexible Spending Account 52

Business Management Daily

NOVEMBER 15, 2021

Flexible Spending Accounts allow employees to set aside pre-tax dollars from their paycheck to use for medical or dependent care expenses. While flexible spending accounts are typically associated with medical costs there are a couple of different types of FSAs. Types of FSA Plans. Healthcare FSA. This includes Lasik.

Flexible Spending Account 98

Flexible Spending Account Flexible Spending Medical Healthcare 98

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. How’s your sunscreen stock?

Flexible Spending Account 98

Flexible Spending Account Health Savings Account Flexible Spending Medical 98

InterWest Insurance Services

MARCH 22, 2022

Options can include: Health insurance, Voluntary benefits premiums (like vision and dental), Life insurance, 401(k), and. Flexible spending account. Call us for more information on how you can set up a flexible benefit plan for your staff. Flexible spending accounts.

Flexible Spending Account 96

Flexible Spending Account 401(k) Flexible Spending Deductions 96

InterWest Insurance Services

MARCH 4, 2022

Unlike HSAs and flexible spending accounts, though, HRAs are solely funded by employers. Depending on the type of HRA, funds may be used to reimburse: Health insurance premiums, Vision and dental insurance premiums, Coinsurance, copays and out-of-pocket medical outlays, and. Vision expenses. Qualified medical expenses.

Medical 98

Medical Health Insurance Out of Pocket Cost Deductions 98

WEX Inc.

OCTOBER 9, 2024

Health savings accounts (HSAs) and flexible spending accounts (FSAs) are often misunderstood, despite their significant financial advantages. A limited-purpose FSA, for example, is compatible with an HSA because it only covers dental and vision expenses. Eligible expenses: What can you spend on?

Flexible Spending Account 95

Flexible Spending Account Health Savings Account Flexible Spending Taxes 95

Genesis HR Solutions

SEPTEMBER 22, 2020

Vision Insurance. Vision insurance is designed to help your employees cover and budget for ongoing vision care expenses like routine eye exams, prescription glasses, and contact lenses. Flexible Spending Account (FSA). Medical Insurance. Employers usually cover a portion of this premium. Dental Insurance.

401(k) 98

401(k) Employee Benefits roth 401(k) Disability Insurance 98

Benefit Resource Inc.

MARCH 31, 2022

Health and medical expenses are covered by a Flexible Spending Account or Medical FSA to promote general well-being. As an FSA account holder, you have access to your entire annual amount as soon as you choose it, and it can be used for medical, dental & vision costs. Take advantage of your pre-tax benefits this year!

Medical 75

Medical Flexible Spending Account Health Savings Account Flexible Spending 75

Benefit Resource Inc.

MAY 27, 2021

Fortunately, there’s another option… Enroll in a Limited Purpose Flexible Spending Account (FSA). A Limited Purpose FSA (also known as a Limited FSA or Limited Medical FSA) allows you to pay for dental and vision services with tax-free money. It’s in your (and your teeth’s!)

Flexible Spending Account 75

Flexible Spending Account Flexible Spending Health Savings Account Health 75

Benefit Resource Inc.

JANUARY 25, 2022

You went to the local pharmacy, picked up your medicine, and then received a request for substantiation a few days later. If you’ve ever wondered, “what is substantiation and why is it required?” ” you’re not alone. Let’s start with the basics. What is substantiation? Why is substantiation required?

IT 75

IT Taxes Health Medical 75

Benefit Resource Inc.

DECEMBER 8, 2023

The Birth of HSAs HSAs were created with the vision of empowering individuals to take control of their healthcare expenses while providing tax advantages. Portability: Unlike Flexible Spending Accounts (FSAs), funds in an HSA roll over from year to year, allowing account holders to accumulate savings over time.

Health Savings Account 98

Health Savings Account Flexible Spending Account Healthcare Taxes 98

WEX Inc.

SEPTEMBER 7, 2023

Flexible spending accounts (FSAs) are a powerful tool for individuals and employers to save money on healthcare and dependent care expenses. What you can do: Highlight the flexibility of FSAs. Emphasize that eligible expenses encompass a wide range of medical, dental, and vision costs, as well as dependent care expenses.

Flexible Spending Account 98

Flexible Spending Account Take Home Pay Flexible Spending Healthcare 98

WEX Inc.

JULY 20, 2023

HSA or FSA options Similar to the choice in health plans, many participants told us in the survey that they wanted to choose between either a health savings account (HSA) or a flexible spending account (FSA). Ideally, more vision options.” However, not all employees are offered these benefits. Dental program is not very good.”

Deductions 75

Deductions Deductible Flexible Spending Account Health Savings Account 75

Benefit Resource Inc.

JUNE 27, 2019

In honor of National Sunglasses Day, we wanted to highlight eligible vision expenses you can pay for with your pre-tax accounts. Almost all of them allow you to pay for eligible vision expenses not covered by insurance. Two of the most common accounts are a Health Savings Account (HSA) and a Flexible Spending Account (FSA).

Flexible Spending Account 63

Flexible Spending Account Health Flexible Spending Health Savings Account 63

Benefit Resource Inc.

DECEMBER 20, 2021

As the end of 2021 and the plan year looms, it’s crucial to consider what you can do with any remaining funds in your Flexible Spending Account (FSA). Most of the funds in your FSA need to be spent before the end of the plan year because you may lose what you don’t spend. Use it, or lose it, before December 31st!

Flexible Spending Account 75

Flexible Spending Account Health Savings Account Flexible Spending Medical 75

Benefit Resource Inc.

OCTOBER 18, 2018

If you have a Flexible Spending Account (FSA), you know that every year during Open Enrollment (OE), you choose how much to put aside in the account, otherwise known as your election. It should help cover your expenses after insurance across medical, vision and dental. Annual vision costs after insurance. Getting Started.

Deductions 74

Deductions Deductible Health Flexible Spending Account 74

Genesis HR Solutions

JANUARY 24, 2023

Just how important is an employee handbook? It wouldn’t be an exaggeration to say that, actual employees aside, it may be the most important part of your organization. Handbooks help manage your employees and keep your business compliant with the ever-growing list of employment rules and regulations.

Family and Medical Leave Act 98

Family and Medical Leave Act Overtime Parental Leave Health and Welfare 98

Griffin Benefits

MARCH 16, 2022

Consider that 43% of employees spend time working on their personal finances while at work. As a result, many employers realize that a myopic focus on core benefits like health, dental, and vision shortchanges employees. And that was before the coronavirus pandemic further complicated finances.

Flexible Spending Account 89

Flexible Spending Account Retirement Plan Health Savings Account Voluntary Benefits 89

Benefit Resource Inc.

DECEMBER 21, 2023

First, here are a few end-of-year purchase suggestions to help you spend down your election on FSA eligible items. Understanding what is FSA Eligible FSA eligible items from a Medical, Dental or Vision Provider Get those visits in. Copays, coinsurance payments, deductibles for dental, medical and vision coverage are all FSA eligible.

Health 97

Health Medical Deductions Deductible 97

Business Management Daily

DECEMBER 1, 2019

Best practice: List all benefits and deductions to determine whether they’re impacted: Medical, dental, life, vision, group-term life insurance, long-term disability, dependent care, flexible spending accounts and health savings accounts. Employees paid weekly experience an extra pay period every five or six years. Do nothing.

Payroll 83

Payroll 401(k) Deductions Deductible 83

Insperity

APRIL 16, 2015

This includes medical, dental and vision coverage, a health care flexible spending account , a retirement plan, life insurance and personal accident insurance, short-term and long-term disability insurance, adoption assistance, commuter benefits and educational assistance. ” What is co-employment? One-stop shop.

Payroll 101

Payroll Flexible Spending Account Disability Insurance Insurance 101

Benefit Resource Inc.

APRIL 18, 2023

One such way is by utilizing health savings accounts (HSAs) and flexible spending accounts (FSAs). Flexible Spending Accounts are designed to provide employees with an opportunity to set aside funds on a pre-tax basis to pay for eligible out-of-pocket medical expenses. What is an HSA? What is an FSA?

Medical 52

Medical Flexible Spending Account Health Savings Account Flexible Spending 52

Insperity

MAY 13, 2015

An HSA is not the same as a flexible spending account (FSA), which is an employer-sponsored plan and requires employees to use or lose their contributions each year. Pediatric dental and vision requirements aren’t what you thought. ACA-compliant health plans require pediatric dental and vision coverage.

Health Insurance 87

Health Insurance Insurance Out of Pocket Cost Health Savings Account 87

Employee Benefits

OCTOBER 26, 2023

Insight Enterprises offers its employees dental, disability, health, life and vision insurance, a flexible spending account, mental health benefits, adoption assistance, childcare benefits, family medical leave, remote and flexible working, a bonus scheme and paid time to volunteer.

Flexible Spending Account 59

Flexible Spending Account Flexible Spending Human Resources Bonuses 59

WEX Inc.

JUNE 13, 2024

Flexible spending accounts (FSAs) allow your employees to use pre-tax dollars to cover eligible out-of-pocket healthcare expenses, providing a tax-efficient way to manage medical costs and helping you and your employees save money. But how can you effectively communicate and offer FSAs to your employees? It is not legal or tax advice.

Flexible Spending Account 52

Flexible Spending Account Flexible Spending Health Savings Account Taxes 52

Benefit Resource Inc.

APRIL 10, 2023

Vision care expenses at a local optical center are often flagged for receipt requests. We previously published a post that addressed two common questions: What is substantiation? Why is it required? In that post, we learned it’s less what you buy, and more where you buy that prompts substantiation requests.

Insurance Carriers 98

Insurance Carriers Hospitality Retail Deductions 98

Benefit Resource Inc.

MARCH 28, 2024

From flexible spending accounts (FSAs) to health savings accounts (HSAs) and commuter benefits, these options offer significant advantages if managed wisely. Know Your Pre-Tax Benefit Options Flexible spending accounts (FSAs): An FSA allows you to set aside pre-tax dollars for eligible healthcare expenses.

Flexible Spending Account 52

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

Benefit Resource Inc.

OCTOBER 26, 2023

This Halloween season, we’re here to help you unravel the mysteries of Flexible Spending Accounts (FSA) and show you how to make the most of your FSA funds while embracing the spirit of the season. Your FSA funds can be used for vision expenses, including eye exams, contact lenses, and prescription glasses. Wait, what?

Flexible Spending Account 52

Flexible Spending Account Flexible Spending Health Finance 52