CorpStrat

DECEMBER 4, 2024

Pairing high-deductible health plans (HDHPs) with Health Savings Accounts (HSAs) or adding wellness programs can help employees offset costs while staying engaged in their health. A strong, competitive benefits program doesn’t just attract top talent—it also drives employee satisfaction and retention.

Employee Benefits 52

Employee Benefits Employment Disability Insurance Health Savings Account 52

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

Money Talk

JUNE 13, 2024

In a recent article for the Rutgers Cooperative Extension newsletter, VISIONS , I described key features of your tax return to review for future financial planning including income sources, tax write-offs, changes in tax filing status, tax rates and marginal tax brackets, tax withholding, retirement plan contributions, and capital gains and losses.

Taxes 125

Taxes 401(k) Retirement Plan Health Savings Account 125

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

Insperity

NOVEMBER 26, 2024

Standard” benefits may include: Health, dental and vision insurance Retirement savings plan, with a company match Life insurance Disability insurance Workers’ compensation insurance Paid time off (PTO) – two weeks per year at a minimum, three weeks per year preferred. Add health savings accounts and flexible spending accounts.

Employee Benefits 72

Employee Benefits Family and Medical Leave Act PTO Flexible Spending Account 72

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? The temperature is rising and summer is right around the corner! How’s your sunscreen stock? It is not legal or tax advice.

Flexible Spending Account 98

Flexible Spending Account Health Savings Account Flexible Spending Medical 98

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 Deductible Deductions Health 98

WEX Inc.

OCTOBER 9, 2024

Health savings accounts (HSAs) and flexible spending accounts (FSAs) are often misunderstood, despite their significant financial advantages. It’s time to clarify the ins and outs of these tax-saving healthcare accounts and answer some HSA and FSA FAQs. Eligible expenses: What can you spend on?

Flexible Spending Account 95

Flexible Spending Account Health Savings Account Flexible Spending Taxes 95

InterWest Insurance Services

MARCH 4, 2022

As rising health insurance premiums and out-of-pocket costs for health care are burdening workers, more employers are looking for ways to help their staff put aside money for those expenses. While health savings accounts have grown in popularity, you can only offer them to employees who are enrolled in high-deductible health plans.

Medical 98

Medical Health Insurance Out of Pocket Cost Deductible 98

InterWest Insurance Services

OCTOBER 17, 2024

workers would accept a job with a slightly lower salary if it offered better health care and medical coverage. The main driver in workers prioritizing benefits is the rapidly rising cost of group health insurance premiums and out-of-pocket costs, according to the study by Voya Financial. A new study has found three out of four U.S.

Out of Pocket Cost 98

Out of Pocket Cost Voluntary Benefits Health Insurance Health Savings Account 98

InterWest Insurance Services

JUNE 20, 2024

The IRS has announced significantly higher health savings account contribution limits for 2025, with the amount increasing 3.6% The IRS updates this amount annually, along with minimum deductibles as well as the out-of-pocket maximums for high-deductible health plans. for individual HSA plans. Medical devices.

Deductible 97

Deductible Deductions Health Savings Account Medical 97

InterWest Insurance Services

DECEMBER 7, 2023

Also, employees will be able to carry over up to $640 next year into 2025 if they have funds left over in their account, if their employer allows it (it’s optional). Employees are not taxed on withdrawals from their account. That’s up $30 from this year. Up to $640 of the balance is rolled over to the next plan year.

Flexible Spending Account 98

Flexible Spending Account Flexible Spending Pharmaceutical Health Savings Account 98

Best Money Moves

AUGUST 18, 2021

Over half of all Americans receive health insurance from their employers, according to 2019 census data. So it’s not surprising that in a 2020 survey of 2000 multigenerational participants, dental and vision insurance topped the list of most wanted Employee Benefits. The 3 best benefits for a multigenerational workforce.

Health Insurance 111

Health Insurance Health Savings Account Insurance Benefits Package 111

Insperity

MAY 13, 2015

If you’re shopping for group health insurance for your company the first or second time around, it can be hard to make a confident choice. Not to mention, the Affordable Care Act (ACA) has changed the group health insurance market considerably. Health Savings Accounts.

Health Insurance 87

Health Insurance Insurance Out of Pocket Cost Health Savings Account 87

WEX Inc.

JULY 20, 2023

Smaller employers may face challenges in providing these options, although participants have said they are interested in these health plan choices. More dental and vision Among employers with benefits administration through WEX , 68% of eligible employees enrolled in vision and 77% of eligible employees enrolled in dental.

Deductible 75

Deductible Deductions Flexible Spending Account Health Savings Account 75

Benefit Resource Inc.

MARCH 31, 2022

You may be able to save on routine expenses, like preventative healthcare costs. 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. Use-It-Or-Lose-It.

Medical 75

Medical Flexible Spending Account Health Savings Account Flexible Spending 75

Benefit Resource Inc.

JUNE 18, 2019

A Limited FSA, or a Limited Purpose FSA, is one of several pre-tax accounts you may be able to sign up for through your company. It is used to pay for vision and dental expenses that are not covered by insurance. A Medical FSA can be used to pay for your out-of-pocket expenses related to medical care, dental care and vision.

Health Savings Account 63

Health Savings Account Health Medical Taxes 63

PeopleStrategy

JULY 8, 2019

Health benefits payment terms. Ancillary benefits : these types of benefits are in addition to standard health coverage, and can include dental, vision care, life insurance and short- or long-term disability coverage. To help you better educate your employees, we’ve come up with a cheat sheet of key benefits jargon.

Health Savings Account 82

Health Savings Account Deductible Deductions Healthcare 82

Benefit Resource Inc.

MAY 27, 2021

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 a great partner plan if you have or want to enroll in a Health Savings Account (HSA). But even if it’s becoming more common, not all employees are enrolling.

Flexible Spending Account 75

Flexible Spending Account Flexible Spending Health Savings Account Health 75

Benefit Resource Inc.

APRIL 8, 2021

Routine health care costs for the year (e.g., Expected vision and dental care needs (e.g., Expected costs for the year related to routine healthcare, medical events, vision, dental, and child care expenses. *A A Health Savings Account to save on medical expenses. MRI, CT scan, kidney stones, etc.).

401(k) 75

401(k) Health Health Savings Account Medical 75

Business Management Daily

NOVEMBER 15, 2021

While flexible spending accounts are typically associated with medical costs there are a couple of different types of FSAs. This allows you to use pre-tax dollars to cover copays, out-of-pocket medical, vision, or dental expenses, and purchase eligible health care products. Healthcare FSA. What Expenses Are Covered By an FSA?

Flexible Spending Account 98

Flexible Spending Account Flexible Spending Medical Healthcare 98

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). Unfortunately, unlike a Health Savings Account (HSA), you don’t get to keep your FSA money year after year. Use it, or lose it, before December 31st!

Flexible Spending Account 75

Flexible Spending Account Health Savings Account Flexible Spending Medical 75

InterWest Insurance Services

JULY 6, 2023

Telemedicine services expanding Before the COVID-19 pandemic uptake of telemedicine had been slow, but usage increased dramatically when hospitals closed to all but emergency cases and as many people were afraid to see their doctors in a health care setting in fear of contracting the disease.

Insurance 95

Insurance Out of Pocket Cost Hospitality Health Savings Account 95

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. As an overview, a pre-tax account is a type of benefit your employer may offer to help you cover out-of-pocket expenses. There are a variety of different plans and accounts available.

Flexible Spending Account 63

Flexible Spending Account Health Flexible Spending Health Savings Account 63

Griffin Benefits

MARCH 16, 2022

There’s a tight link between financial, emotional, and physical health, and when an employee’s financial anxiety becomes overwhelming, it can affect the body and mind. As a result, many employers realize that a myopic focus on core benefits like health, dental, and vision shortchanges employees.

Flexible Spending Account 89

Flexible Spending Account Retirement Plan Health Savings Account Voluntary Benefits 89

WEX Inc.

APRIL 25, 2024

High-deductible health plans (HDHPs) have become increasingly popular over the last few years by offering unique features and benefits that appeal to many individuals and families. An HDHP is a type of health plan characterized by its higher deductibles and typically lower premiums compared to traditional health plans.

Health Savings Account 52

Health Savings Account Deductible Deductions Out of Pocket Cost 52

Business Management Daily

DECEMBER 1, 2019

So you must plan in advance, getting all the appropriate departments—HR, Accounting, Finance, IT and the C-suite—on board. Savings bonds, United Way, creditor and child support garnishments, deductions for other outside groups and other voluntary deductions. Employees paid weekly experience an extra pay period every five or six years.

Payroll 83

Payroll 401(k) Deductible Deductions 83

WEX Inc.

SEPTEMBER 7, 2023

Uncertain or limited healthcare costs The concern: If a person doesn't anticipate having many eligible medical or dependent care expenses during the year, they may feel that the potential savings from an FSA are not worth the effort of enrollment. Let’s take a look. What you can do: Education is key. It is not legal, financial, or tax advice.

Flexible Spending Account 98

Flexible Spending Account Take Home Pay Flexible Spending Healthcare 98

Griffin Benefits

NOVEMBER 1, 2022

Together, these combined announcements by the IRS detail 2023 adjusted limits to the amounts employees can tuck away pretax into Flexible Spending Accounts (FSAs), Health Savings Accounts (HSAs), transportation benefits, and retirement plans such as 401(k)s. FSA Employer Contribution Limits for 2023.

401(k) 85

401(k) Retirement Plan Health Savings Account Deductible 85

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). Health Savings Account (HSA). Medical Insurance. Dental Insurance. Bankrate.com ).

401(k) 98

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

Best Money Moves

AUGUST 18, 2021

Over half of all Americans receive health insurance from their employers, according to 2019 census data. So it’s not surprising that in a 2020 survey of 2000 multigenerational participants, dental and vision insurance topped the list of most wanted Employee Benefits. The 3 best benefits for a multigenerational workforce.

Health Insurance 83

Health Insurance Health Savings Account Insurance Benefits Package 83

Benefit Resource Inc.

OCTOBER 11, 2018

A Medical FSA is a great savings tool if you have the same out-of-pocket medical expenses year-after-year. The funds in a Medical FSA can be used to cover both planned expenses (including medical , dental and vision ) and unplanned expenses (e.g. Health Savings Account. broken bones or a fever ).

Taxes 74

Taxes Health Savings Account Medical Deductible 74

Benefit Resource Inc.

OCTOBER 28, 2021

For a little “Spooky Season” fun, we take a look at various monsters and match them up with the perfect pre-tax account to help employees see why they should enroll in pre-tax benefits. This account covers dental and vision expenses for himself, his many brides, and their offspring. Spider day care is expensive.

Taxes 75

Taxes Health Savings Account Bonuses Health 75

Benefit Resource Inc.

NOVEMBER 29, 2023

These are truly health hacks everyone should know! Additionally, you may also already have a built-in savings option to pay for your COBRA premiums. A health savings account is not only an important component to paying for medical expenses today, but it is a tool you can use throughout retirement. Choose wisely.”

401(k) 98

401(k) Medical Retirement Plan Health Savings Account 98

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

Benefit Resource Inc.

OCTOBER 16, 2018

.” Too bad making your pre-tax benefit account decisions is not as easy as pointing and saying “Eenie meenie miney mo – Which account should I choose?” What if you could choose the right pre-tax benefit accounts by answering four questions? What is the account? How do I save? You own the account.

Health Savings Account 55

Health Savings Account Flexible Spending Account Flexible Spending Medical 55

WEX Inc.

APRIL 24, 2023

That’s a critical first step when weighing your choice of an HDHP versus a PPO or another type of traditional health plan. If you don’t anticipate you (or your family) will require a lot of medical care in the coming year, it may make sense to participate in an HDHP so you can save money by paying less in premiums.

401(k) 52

401(k) Health Savings Account Deductible Deductions 52