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Your Guide to Take-home Pay

Patriot Software

After you subtract all of the taxes and other deductions, money left over is considered take-home pay. Read on to learn more about what is take-home pay and how to calculate it. What is take home pay? Take-home pay may also be called net pay.

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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. The programme’s aim is to enhance health benefits and medical cover for employees worldwide throughout 2023.

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6 Key HSA Benefits to Communicate to Employees

Flimp Communications

Not only are HSA contributions tax deductible, but investment growth and funds used for qualified medical expenses are also protected. Experts recommend choosing an investment strategy based on age, medical needs, and other factors. Very few savings accounts offer similar benefits.

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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. Fortunately, there are ways to increase your financial well-being through medical savings. How Do They Help with Medical Savings? What is an HSA? What is an FSA?

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Employees and Employers Save with Cafeteria Plans

InterWest Insurance Services

As health care costs continue rising and employees are being asked to shoulder more of the expense burden, you can help them by offering a tax-advantaged plan that allows them to save for medical expenses. Employees can save an average of 30% in federal, state and local taxes on items they already pay for out of pocket.

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

WEX Inc.

Some individuals may be wary of reducing their take-home pay, especially if they are already on a tight budget. Illustrate how pre-tax contributions lead to significant savings over time, effectively reducing the impact on take-home pay. What you can do: Highlight the flexibility of FSAs.

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Flexible Benefit Plans Give Employees More Options

InterWest Insurance Services

Cafeteria plans are particularly good for participants who have regular expenses related to medical issues and childcare. Besides the fact that your employees use money that hasn’t been taxed to pay for these benefits, the payroll deductions for them also reduce their taxable income while raising take-home pay.