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Professional Employer Organization (PEO): Right for Your Business?

Business Management Daily

Through co-employment agreements, PEOs outsource vital HR solutions like: Payroll processing Benefits administration Risk management Onboarding Workforce management Performance management These are only a few HR services that PEOs offer, and they come at a fraction of the cost of hiring an internal HR department. Here’s what that means.

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Your 2025 benefits compliance checklist: What you need to know

WEX Inc.

Flexible spending accounts (FSA) Flexible spending accounts (FSAs) offer a valuable tax-advantaged benefit, but the IRS use-or-lose rule can result in forfeited funds if employees dont use their balances by the deadline. Action item: Stay informed about state laws and ensure your payroll systems align with contribution requirements.

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Illness or Injury: How Your Business Can Protect Your Employees

InterWest Insurance Services

Increased employee loyalty — especially after someone on the payroll has a claim and word gets out that these valuable benefits kicked in. Tax-deductible premiums. Advantages of group disability insurance to the worker include the following: Affordability. No prior year tax returns or income verification are required.

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8 Things to Know About the New COBRA Subsidy

Benefit Resource Inc.

Employers are responsible for paying premiums, but receive a tax credit. Employers sponsoring a group health plan will be responsible for paying health insurance carriers for the premiums. They will be reimbursed for 100% of the COBRA premiums through tax credits against certain payroll taxes.

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Wondering how to choose a professional employer organization (PEO)? Ask 7 questions

Insperity

As a co-employer, the PEO you choose will ultimately take responsibility for payroll processing, providing workers’ compensation insurance coverage, providing an employee benefits package and a host of other sensitive human resources (HR) and administrative tasks. What carriers or third-party administrator (TPA) does the PEO use?

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Are Level Funded Health Plans Your New Benefits Alternative?

PeopleStrategy

They are a hybrid approach to providing healthcare coverage that combines elements of traditional fully-insured plans with those of self-funded plans. With a level funded plan, your business pays a fixed monthly amount (a level fee, similar to a premium) to an insurance carrier or third-party administrator.

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The disadvantages of using a PEO: What’s true and what’s not

Genesis HR Solutions

PEO competitors claim you’re unlikely to get timely responses, your payroll may not be processed accurately, and you won’t get a say in choosing your benefit plans—all false claims that we are happy to debunk. We take tremendous pride in ensuring that payroll is processed accurately. A payroll company only manages payroll.

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