Flimp Communications

OCTOBER 30, 2024

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.

Deductions 52

Deductions Deductible Taxes Flexible Spending Account 52

PeopleKeep

JUNE 17, 2022

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.

Take Home Pay 97

Take Home Pay Benefits Package Healthcare Taxes 97

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. 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!

Flexible Spending Account 98

Flexible Spending Account Take Home Pay Flexible Spending Healthcare 98

Benefit Resource Inc.

JANUARY 3, 2022

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.

Taxes 72

Taxes 401(k) Out of Pocket Cost Health Savings Account 72

Employee Benefits

JANUARY 20, 2023

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.

Take Home Pay 105

Take Home Pay Medical Benefits Package Health Insurance 105

Benefit Resource Inc.

APRIL 18, 2023

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?

Medical 52

Medical Flexible Spending Account Health Savings Account Flexible Spending 52

Benefit Resource Inc.

NOVEMBER 19, 2019

This type of cafeteria plan gives employees the option to enroll in an account that allows them to set aside money from their paycheck tax-free and use it for qualified medical expenses. Types of expenses the FSA can pay for include co-pays, deductibles, and even some vision and dental expenses. Who does it help?

Flexible Spending Account 40

Flexible Spending Account Flexible Spending Taxes Take Home Pay 40