Remove Healthcare Remove Take Home Pay Remove Taxes
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Tax Exemption on Overtime Pay, What HR needs to know for 2025

HR Digest

Since yesterday, overtime pay taxes have dominated headlines, driven by a proposal from the current administration to exempt overtime earnings from federal income tax. Beyond the paycheck, this overtime tax policy could reshape workforce planning, employee morale, employee incentives and organizational strategies.

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6 Key HSA Benefits to Communicate to Employees

Flimp Communications

Their tax advantages and investment potential can help employees reduce healthcare costs, save for retirement, and maximize tax refunds. Higher HSA enrollment and usage can take a bite out of your company’s FICA taxes. And by investing your HSA, you can actually make money tax-free.

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What is a section 125 plan?

PeopleKeep

Although benefits costs are impacted by factors like healthcare costs, which are continually rising , a section 125 plan, or cafeteria plan, allows you to boost your employee benefits while staying in-budget with its significant tax savings.

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5 ways to alleviate your employees' hesitations with choosing in an FSA

WEX Inc.

Flexible spending accounts (FSAs) are a powerful tool for individuals and employers to save money on healthcare and dependent care expenses. Some individuals may be wary of reducing their take-home pay, especially if they are already on a tight budget. It is not legal, financial, or tax advice. Download now!

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Having a Baby? Use Your Pre-Tax Funds to Save

Benefit Resource Inc.

Benefit Resource (BRI) is here to help you use your pre-tax funds to combat some of the costs that come with welcoming your new addition. This allows you to save on monthly premiums while putting tax-free money aside in your HSA. As a bonus, all of your gains will come out pre-tax! Let’s Start from the Beginning.

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Bupa Global and UK introduces health benefits for 15,000 frontline staff

Employee Benefits

It is available from day one of employment for permanent staff and is cost-free due to the tax benefit being paid on their behalf, so as to not impact their take-home pay.

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Increase Your Financial Well-Being Through Medical Savings

Benefit Resource Inc.

The cost of healthcare can be daunting, especially for those who do not have adequate insurance coverage or savings to cover medical expenses. Health Savings Accounts allow employees (and employers) to contribute to a tax-free account to be used for eligible medical expenses. What is an HSA? What is an FSA?

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