WEX Inc.

SEPTEMBER 14, 2023

When approaching open enrollment, do … Evaluate available health insurance plans. Increasingly, employers are offering their employees both HSA-eligible health plans (or high-deductible health plans ) and traditional health plans. If your employer offered you a raise, you wouldn’t say no, right?

401(k) 98

401(k) Health Savings Account Flexible Spending Account Healthcare 98

Benefit Resource Inc.

AUGUST 6, 2021

Free Health Savings Account? per employee per month in HSA administration fees and you, the employer, have 100 employees contributing to their HSA, you might second guess whether spending $3,300 per year is worth it. The similarities between an HSA and a 401(k) lead many to believe they are both equally hands-off.

401(k) 76

401(k) Health Savings Account Deductions Deductible 76

Benefit Resource Inc.

MARCH 28, 2024

Pre-tax benefits are a powerful tool for saving money and maximizing your income. From flexible spending accounts (FSAs) to health savings accounts (HSAs) and commuter benefits, these options offer significant advantages if managed wisely. This includes copayments, deductibles, prescriptions, and more.

Flexible Spending Account 52

Flexible Spending Account 401(k) Health Savings Account Flexible Spending 52

Corporate Synergies

AUGUST 15, 2018

Help them with a retirement benefits education program. 2 This select group needs retirement benefits education now. 2 This select group needs retirement benefits education now. As an employer, you can help Baby Boomers with the retirement benefits education and planning process in 3 ways. As Seen In.

401(k) 40

401(k) Education Health Savings Account Employment 40

PeopleStrategy

DECEMBER 12, 2023

Let’s get into these areas that deserve another look before the new year starts: health savings accounts, overtime, retirement, remote employment, and the Affordable Care Act. HSA Compliance Health savings accounts (HSAs) have become commonplace in the last several years as a way to offset high deductible health plans.

401(k) 52

401(k) Overtime Health Savings Account Retirement Plan 52

Benefit Resource Inc.

APRIL 4, 2024

As an employer or HR manager, you’re constantly seeking ways to enhance your employee benefits package, ensuring it not only attracts top talent but also supports their financial well-being throughout their careers and into retirement. One often-overlooked gem in the world of benefits is the Health Savings Account (HSA).

401(k) 52

401(k) Retirement Plan Benefits Package Deductions 52

COMPackage

AUGUST 10, 2023

Research has proven that employees are more satisfied with their employer relationship if they receive an annual total compensation statement. And every employer wants to stand out with their employee benefits. Unfortunately, your brand can’t stand out if your benefits are only the ones every employer offers.

401(k) 52

401(k) Health Savings Account Health Insurance PTO 52

Insperity

MARCH 12, 2024

In exchange for this benefit, employees give up their right to sue their employer over their work-related injury, regardless of which party is at fault. In a 401(k) plan, the most common type of retirement plan, employees can save up to a certain amount set by the U.S. Internal Revenue Service (IRS) each year.

Family and Medical Leave Act 57

Family and Medical Leave Act Employee Benefits PTO 401(k) 57

Benefit Resource Inc.

JUNE 29, 2021

Now that you’ve explained (again) how insurance works, you get to begin the real work of teaching employees the difference between Flexible Spending Accounts (FSAs) and Health Savings Accounts (HSAs). Frankly, most employers don’t have the time or capacity to provide a full-blown education to employees.

401(k) 78

401(k) Deductions Deductible Flexible Spending Account 78

Business Management Daily

APRIL 29, 2024

Fringe benefits are how employers make up the gap. Different benefits appeal to different teams, but what matters most is providing more than just the bare minimum—health insurance, workers’ compensation, and a competitive salary. Unfortunately, having insurance coverage tied to employment puts employers in a difficult position.

Out of Pocket Cost 84

Out of Pocket Cost PTO 401(k) Deductions 84

Benefit Resource Inc.

APRIL 8, 2021

Here’s a scary statistic for you: according to the International Foundation of Employee Benefit Plans , 80% of employers struggle to get employees to read benefits enrollment materials during Open Enrollment. A Health Savings Account to save on medical expenses. A 401(k) to save money for retirement.

401(k) 98

401(k) Health Health Savings Account Medical 98

Corporate Synergies

AUGUST 6, 2018

Educate employees on how to use these funds for current and future healthcare expenses. Health savings accounts can be a good deal for employees. Employers that have gone the HDHP route typically offer a qualified plan that includes a health savings account to help pay for qualifying medical expenses tax-free.

401(k) 40

401(k) Health Savings Account Retirement Plan Deductions 40

Best Money Moves

OCTOBER 16, 2018

A third of compensation costs go towards employee benefits and some employees would forgo a raise for better work-life balance or better healthcare benefits, but almost half of employees don’t even understand the benefits their employer already offers.

Employee Benefits 59

Employee Benefits 401(k) Paid Sick Leave Paid Vacation 59

Flimp Communications

MARCH 31, 2020

In an increasingly uncertain world, workers are looking to their employers for answers and education about their financial futures. The long-term financial wellness of the average American worker is at risk during this health and economic crisis. Where Tax Savings and Benefits Intersect. Long-Term Repercussions.

401(k) 53

401(k) Retirement Plan Medical Taxes 53

Flimp Communications

FEBRUARY 7, 2020

At a minimum, talking about tax season with workers can lead to conversations about retirement savings plans such as IRAs or 401(k)s, as well as any other financial management benefits you offer. Tax Education and Financial Wellness. HR experts and benefits brokers are familiar with these accounts; not all employees are.

Taxes 53

Taxes 401(k) Health Savings Account Finance 53

Empuls

JULY 11, 2023

In the ever-evolving world of employment, organizations are increasingly focusing on enhancing employee satisfaction and well-being. tax free benefits are those that provide financial advantages for both employees and employers by avoiding certain taxes and deductions. Tax savings for employers.

Employee Benefits 40

Employee Benefits Flexible Spending Account roth 401(k) 401(k) 40

Genesis HR Solutions

JULY 3, 2019

And they may continue to remain unaware of the “hidden” benefits they are receiving even as healthcare costs rise, and you, the employer, absorb the increases. In an effort to show employees the true value of their compensation, benefits factored in, many employers are providing total compensation statements. Educational assistance.

401(k) 40

401(k) Commissions Retirement Plan IT 40

Higginbotham

OCTOBER 5, 2023

Basic Benefit Packages are No Longer Competitive Not long ago, a more competitive benefits package might have included health insurance and a 401(k) plan , plus dental and vision insurance. To meet these expectations, employers need to get creative and think beyond traditional offerings.

Health Insurance 52

Health Insurance Employee Benefits Insurance 401(k) 52

Higginbotham

OCTOBER 14, 2022

If employers don’t provide adequate compensation, they risk losing their workers. Health Insurance for Small Business. Under the ACA, small employers with fewer than 50 full-time equivalent employees are not required to offer health insurance or subject to the employer shared responsibility provisions.

Employee Benefits 52

Employee Benefits Family and Medical Leave Act Disability Insurance Paid Sick Leave 52

Empuls

SEPTEMBER 28, 2023

It has become imperative for employers to support employees and their families to help sustain and overcome this global challenge. Employers and employees need to work together by utilizing an effective communication channel and helping the management develop the most appropriate solutions to address these issues.

Employment 40

Employment Health and Welfare Healthcare 401(k) 40

Genesis HR Solutions

SEPTEMBER 21, 2021

As one of the most expensive aspects of running a small business, health insurance is top of mind for many employers. When it comes to recruitment, 46% of people say health insurance was either the deciding factor or a positive influence in choosing their current job. Health Insurance For Small Business Owners: 4 Options.

Health Insurance 52

Health Insurance Insurance 401(k) Insurance Carriers 52

Hppy

JUNE 7, 2018

Employers should call upon HR and benefits departments to discuss opportunities to help employees learn from financial education programs and get acquainted with additional resources. Employers may include helpful tools and resources in these packets and going over the details together as a first step.

Retirement Plan 50

Retirement Plan 401(k) Health Savings Account Education 50

PeopleStrategy

SEPTEMBER 17, 2019

more than half of whom were employed: What is interesting is that even those who were unemployed said they would not immediately accept a high-paying job that offered no health insurance or other meaningful benefits. In addition to meaningful health coverage, it’s wise to have vision and dental insurance as part of this category.

Benefits Package 49

Benefits Package Comprehensive Benefits 401(k) Flexible Spending Account 49

Insperity

DECEMBER 13, 2018

Start by educating yourself on the basics. HSA is the acronym for health savings account; FSA is the acronym for flexible spending account. An easy, basic way to distinguish what each account is intended for is by focusing on what the letter “S” represents in each: savings and spending.

401(k) 52

401(k) Deductions Deductible Taxes 52

Empuls

SEPTEMBER 25, 2023

Employers must consider these requests seriously and can only reject them on reasonable business grounds. Various new pieces of legislation aim to extend traditional employment protections, like minimum wage and benefits, to gig workers and freelancers. New labor laws are granting employees the right to request flexible work hours.

Family and Medical Leave Act 40

Family and Medical Leave Act Overtime 401(k) Benefits Package 40

Genesis HR Solutions

AUGUST 13, 2019

While you focus on growing your business, we handle renewals, open enrollment, employee education, onboarding, and even advocate for your employees if there’s a claim issue. We also offer the following: Group Health, Dental, and Vision. 401(k) Options. Health Savings Account. Life/AD&D.

Health Insurance 40

Health Insurance 401(k) Insurance Insurance Carriers 40

Vantage Circle

SEPTEMBER 11, 2023

Flexibility in Benefits: An employee benefits platform can provide greater flexibility in the benefits employers can offer their employees. For example, some platforms allow for integrating different benefits, such as health insurance, retirement plans, and wellness programs. Findings from the Blog?

Employee Benefits 52

Employee Benefits Payroll Retirement Plan Software 52

Genesis HR Solutions

NOVEMBER 20, 2018

What is a Professional Employer Organization? A Professional Employer Organization (PEO) allows its clients to outsource many of their human resource functions, share employment liability, and, oftentimes, gain economies of scale to bring an improved benefits package to their employees. Health savings account.

Human Resources 40

Human Resources Health Insurance 401(k) Benefits Package 40