WEX Inc.

JANUARY 14, 2025

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.

Flexible Spending Account 52

Flexible Spending Account Health Savings Account Flexible Spending Retirement Plan 52

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

401(k) 189

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

HR Lineup

JUNE 14, 2023

Through a user-friendly interface, employees can easily access and manage their benefits, including health insurance, retirement plans, flexible spending accounts, and more. The platform is highly configurable, allowing employers to tailor their benefits programs to meet the unique needs of their workforce.

Flexible Spending Account 130

Flexible Spending Account Flexible Spending Retirement Plan Health Insurance 130

WEX Inc.

SEPTEMBER 24, 2024

Can be a cost-effective option for pet owners who frequently utilize preventive services. HSAs and FSAs: Service dog expenses Health savings accounts (HSAs) and flexible spending accounts (FSAs) may provide an additional avenue for covering the cost of a service dog. Peace of mind knowing that your pet is covered for life.

Recruitment 52

Recruitment Flexible Spending Account Health Savings Account Medical 52

Benefit Resource Inc.

JANUARY 4, 2024

Likewise, if you are paying an invoice, you can enter the card number to utilize funds directly from your account. Medical Flexible Spending Accounts (FSA) and Dependent Care FSAs are both governed by IRS Section 125. As you embark on the new year, we are here to help you successfully utilize your plans.

Flexible Spending Account 96

Flexible Spending Account Flexible Spending Taxes Utilities 96

Benefit Resource Inc.

APRIL 20, 2023

While dusting, vacuuming, and packing away winter clothes may be on the top of your spring cleaning list, have you considered reviewing your eligible expenses and utilizing your Flexible Spending Account (FSA)? Utilize resources like BRIWEB , BRIMOBILE , and Participant Services to help you navigate your benefits.

Out of Pocket Cost 83

Out of Pocket Cost Flexible Spending Account Flexible Spending Health Savings Account 83

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. The FSAstore.com is also the only e-commerce store that exclusively stocks thousands of FSA-eligible products to make it easier for account holders to utilize their tax-free benefits.

Medical 75

Medical Flexible Spending Account Health Savings Account Flexible Spending 75

Benefit Resource Inc.

NOVEMBER 6, 2023

FSA and HSA: By taking advantage of programs like Flexible Spending Accounts (FSAs) and Health Savings Accounts (HSAs), employees can allocate a portion of their pre-tax earnings to cover essential health-related expenses. These benefits not only help employees save money but also make it easier for them to invest in their well-being.

Flexible Spending Account 90

Flexible Spending Account Flexible Spending Health Savings Account Food 90

PeopleKeep

APRIL 30, 2020

There are a few different types of medical reimbursement plans including: Health Reimbursement Arrangements (HRAs), Healthcare Reimbursement Plans (HRPs), Health Savings Accounts (HSAs), and Health Flexible Spending Accounts (FSAs). Flexible Spending Accounts (FSAs). Health Flexible Spending Account (FSA).

Medical 72

Medical Flexible Spending Account Health Savings Account Health Insurance 72

Benefit Resource Inc.

JANUARY 16, 2020

So, how will this affect tax advantaged accounts like Flexible Spending Accounts and Health Reimbursement Accounts? If you’re a Beniversal Card holder, you may already know how easy it is to utilize pre-tax dollars. Instead of focusing on routine medicine, they take a step back to look at the entire person.

Health Savings Account 73

Health Savings Account Flexible Spending Account Flexible Spending Taxes 73

PeopleKeep

DECEMBER 22, 2020

When utilized correctly, a cafeteria plan can increase take-home-pay without any change in expenditures. Many working Americans have access to a Section 125 Cafeteria Plan at some point during their working career, yet many do not take full advantage of them. This article provides an overview of how Section 125 cafeteria plans work.

Take Home Pay 103

Take Home Pay Utilities Flexible Spending Account Health Savings Account 103

Benefit Resource Inc.

APRIL 10, 2024

What is a Dependent Care Flexible Spending Account (DCFSA)? First things first, let’s clarify what a dependent care flexible spending account actually is. Utilize Direct Payment: Some DCFSA plans offer the option of direct payment to your dependent care provider.

Flexible Spending Account 52

Flexible Spending Account Flexible Spending Taxes Utilities 52

Benefit Resource Inc.

FEBRUARY 14, 2022

A Medical Flexible Spending Account (Medical FSA), Health Savings Account (HSA), or Health Reimbursement Account (HRA) are great places to start. It’s much easier to get the job done when you’re feeling good. That’s why employers should be offering medical and health-related benefits.

401(k) 81

401(k) Flexible Spending Account Health Savings Account Benefits Package 81

Benefit Resource Inc.

DECEMBER 8, 2020

Families utilizing Dependent Care Flexible Spending Accounts (FSAs) are up against a December 31st deadline. If you have an FSA, there’s a high chance you’ll have to spend down the money in your account so you don’t lose it. Many are in danger of losing their funds.

Flexible Spending Account 75

Flexible Spending Account Flexible Spending Transportation Medical 75

UpstartHR

APRIL 13, 2015

However, smart HR leaders also look at the benefits adoption and usage to determine how employees are utilizing the offerings. It offers a dependent care flexible spending account, which many of us in the benefit space know is utilized at a fairly low rate compared to other benefits.

Paid Leave 66

Paid Leave Flexible Spending Account Flexible Spending Utilities 66

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

Benefit Resource Inc.

OCTOBER 14, 2021

Between the long-term benefits and short-term flexibility of these accounts, we’re flabbergasted we don’t see them utilized more often! When it comes to Flexible Spending Accounts (FSAs), you lose your funds unless you elect COBRA when leaving an employer. Benefits That Last a Lifetime.

Flexible Spending Account 75

Flexible Spending Account Flexible Spending Taxes Utilities 75

Benefit Resource Inc.

NOVEMBER 15, 2023

The Role of Employee Benefits Employee benefits, such as Health Savings Accounts (HSAs), Flexible Spending Accounts (FSAs), Commuter Plans, and Specialty Accounts emerge as valuable tools in the toolbox of employers seeking to support their workforce during times of inflation.

Employee Benefits 52

Employee Benefits Flexible Spending Account Health Savings Account Flexible Spending 52

Best Money Moves

MAY 9, 2018

By providing resources employees can utilize to improve their financial know-how you accomplish more than just boosting morale – you improve productivity. Flexible spending accounts (FSA) and health savings accounts (HSA) help employees prepare and pay for healthcare expenses. Here are their benefits and differences.

Flexible Spending Account 58

Flexible Spending Account Health Savings Account Health Insurance Flexible Spending 58

Business Management Daily

SEPTEMBER 22, 2021

The survey results will help you prioritize the benefit changes or expansions that would be most impactful for your current employees so that you can utilize your benefits budget effectively. Utilize email, Slack, and in-person follow-ups depending on your company’s communication preferred channels. Stay organized.

Employment 90

Employment Deductible Deductions Benefit Providers 90

Benefit Resource Inc.

JUNE 29, 2021

Now that you’ve explained (again) how insurance works, you get to begin the real work of teaching employees the difference between Flexible Spending Accounts (FSAs) and Health Savings Accounts (HSAs). Within the pre-tax benefit space, your work is cut out for you as a human resource professional.

401(k) 78

401(k) Deductible Deductions Flexible Spending Account 78

Benefit Resource Inc.

DECEMBER 6, 2018

The legal answer: The IRS requires that cafeteria plans, self-insured health plans (including health flexible spending arrangements), and dependent care assistance programs must not favor highly compensated or key employees. Utilization. The most common discrimination issue tends to be for Dependent Care FSA utilization.

Flexible Spending 40

Flexible Spending Utilities Taxes Government 40

PeopleStrategy

DECEMBER 6, 2023

How To Easily Support Employees Utilizing those various ways to gauge employees’ needs when it comes to mental health is a great first step. For example, funds from health savings and flexible spending accounts generally can be used to pay for mental health therapy.

Flexible Spending Account 52

Flexible Spending Account Utilities Flexible Spending Commissions 52

CorpStrat

JANUARY 22, 2024

A well-executed communication plan ensures that your employees are aware of the full range of benefits available to them, understand how to utilize them, and feel valued and supported. Communicating these benefits effectively is equally important as providing them. Hidden Gems In Your Employee Benefits Plan 1.

Employee Benefits 52

Employee Benefits Flexible Spending Account Health Savings Account Flexible Spending 52

PeopleStrategy

OCTOBER 10, 2023

Offer Choice and Flexibility Employees value choice and flexibility. Consider flexible spending accounts, wellness programs, or additional voluntary benefits that employees can choose based on their priorities. Utilize Feedback and Surveys Listen to your employees.

Flexible Spending Account 52

Flexible Spending Account Retirement Plan Voluntary Benefits Flexible Spending 52

Benefit Resource Inc.

APRIL 27, 2021

A smart employee benefits card utilizes merchant, terminal, and card payment rules to create a simple, convenient payment experience. a Health Savings Account and Limited Purpose Flexible Spending Account). So, don’t make them carry separate cards for their pre-tax health accounts and commuter benefits!

Employee Benefits 53

Employee Benefits Flexible Spending Account Health Savings Account Banking 53

Benefit Resource Inc.

NOVEMBER 29, 2023

This essentially means you are paying premiums that likely exceed the services that you will utilize. When your reimbursable dental costs go over that limit, you are responsible for paying your dental care costs for the rest of the year.

401(k) 98

401(k) Medical Retirement Plan Health Savings Account 98

PeopleStrategy

NOVEMBER 1, 2023

If applicable, provide information on Flexible Spending Accounts (FSAs) and Health Savings Accounts (HSAs) and how employees can contribute. Emails, printed materials, small group meetings, office hours, webinars, and utilizing other management leaders all should be considered as good ways to disperse information. Set alerts.

Flexible Spending Account 52

Flexible Spending Account Health Savings Account Utilities Flexible Spending 52

WEX Inc.

SEPTEMBER 6, 2023

Can be a cost-effective option for pet owners who frequently utilize preventive services. HSAs and FSAs: Service dog expenses Health savings accounts (HSAs) and flexible spending accounts (FSAs) may provide an additional avenue for covering the cost of a service dog. Peace of mind knowing that your pet is covered for life.

Recruitment 59

Recruitment Flexible Spending Account Health Savings Account Medical 59

Benefit Resource Inc.

FEBRUARY 9, 2022

This includes: medical, dental, vision, Medical Flexible Spending Accounts (Medical FSAs) and Health Reimbursement Accounts (HRAs). 6) Utilizing the Exchange Works (and when you are eligible to enroll). COBRA coverage is available for more than just medical insurance. Each would receive notification of their rights to COBRA.

Family and Medical Leave Act 45

Family and Medical Leave Act Flexible Spending Account Health Savings Account Medical 45

Benefit Resource Inc.

DECEMBER 30, 2020

We are excited to provide you with some additional insight into the FSA relief options for Health and Dependent Care Flexible Spending Accounts, included in the year-end spending bill signed into law on December 27, 2020. The extended grace period provides participants with up to 12-months to utilize remaining funds.

Flexible Spending Account 40

Flexible Spending Account Flexible Spending Health Savings Account Utilities 40

Benefit Resource Inc.

OCTOBER 19, 2023

Additionally, when looking at internal BRI utilization metrics that indicate why participants are calling in, it’s evident that BRI’s effort to continuously improve has an impact. Based on BRI utilization metrics as of 9/1/23: 88.4% 29% submit online/mobile claims to access funds, while 7% still use paper claims.

Flexible Spending Account 52

Flexible Spending Account Health Savings Account Utilities Flexible Spending 52

Benefit Resource Inc.

JANUARY 12, 2024

Pre-Tax Benefits: A Strategic Approach to Mental Health Support One often overlooked but powerful tool in fostering mental health support is the utilization of pre-tax benefits. Employers can play a crucial role in creating a supportive atmosphere that encourages open dialogue and access to mental health resources.

Taxes 52

Taxes Employee Wellness Utilities Healthcare 52

Benefit Resource Inc.

FEBRUARY 11, 2020

Utilizing accounting software throughout the year is one way to ensure all income and expenditures are accounted for. If you’re looking for more time to utilize your hard-earned money, filing your taxes earlier might be in your best interest. Streamline Any Business Finances. Consider Filing Early.

Taxes 51

Taxes Finance Banking Utilities 51

Empuls

JULY 11, 2023

They can range from health insurance coverage to retirement plans, flexible spending accounts, transportation benefits, education assistance, and more. Discover the hassle-free way to utilize tax-saving meal, fuel, gift, and multi-benefit cards for your employees! Enhanced employee satisfaction and well-being.

Employee Benefits 40

Employee Benefits roth 401(k) Flexible Spending Account 401(k) 40

Genesis HR Solutions

DECEMBER 5, 2019

Flexible spending programs. As your PEO, we give you access to every single HR solution we offer, so you can utilize some or all of them as your business grows and changes. We suggest looking for a partner that can provide large group access to the following benefits: Group health, dental, and vision. 401(k) options.

Human Resources 10

Human Resources 401(k) Taxes Overtime 10

Higginbotham

SEPTEMBER 16, 2024

However, unlike Flexible Spending Accounts (FSAs), HSAs are owned by the employee, and unused funds never expire. To make sure workers are fully utilizing their benefits, employee education is key. Employers, employees or both can contribute funds to an HSA in the same year. Are you giving your workers the benefits they want?

Deductible 52

Deductible Deductions Health Savings Account Health Insurance 52