WEX Inc.

FEBRUARY 23, 2023

In fact, staying on top of your health savings account (HSA) , flexible spending account (FSA) , or any other plan you signed up for throughout the year can pay off for you. Add dependents Your HSA or FSA may cover your dependents’ costs if the dependents are claimed on your tax return. How do you do this?

Flexible Spending Account 98

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

Benefit Resource Inc.

APRIL 4, 2024

One often-overlooked gem in the world of benefits is the Health Savings Account (HSA). Understanding HSAs HSAs are tax-advantaged savings accounts designed to help individuals save for medical expenses. Tax-Efficient Savings In retirement, healthcare expenses tend to increase.

401(k) 52

401(k) Retirement Plan Benefits Package Deductions 52

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

Flimp Communications

FEBRUARY 7, 2020

We’re in the middle of tax season now and April 15th is closing in fast. For many full-time employees , filing their taxes every year isn’t all that difficult. Conversations about financial wellness need to start somewhere, so why not take advantage of the opportunity tax season affords you? 2020 Tax Season Changes.

Taxes 53

Taxes 401(k) Health Savings Account Finance 53

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. Census Bureau.

401(k) 40

401(k) Education Health Savings Account Employment 40

Business Management Daily

APRIL 29, 2024

High-Deductible Health Plans (HDHPs) with Health Savings Accounts (HSAs) : HDHPs have lower premiums but higher deductibles compared to traditional health plans. Deductibles can be paid with tax-advantaged/tax-free spending accounts funded by employees and employers. It’s a touchy subject.

Out of Pocket Cost 84

Out of Pocket Cost PTO 401(k) Deductions 84

COMPackage

AUGUST 10, 2023

Nearly all US companies guarantee access to 401(k) and health insurance. School Tuition Reimbursement Many employees choose to further their education by returning to college and earning their degrees. And every employer wants to stand out with their employee benefits.

401(k) 52

401(k) Health Savings Account Health Insurance PTO 52

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

Flimp Communications

MARCH 31, 2020

This year’s federal tax season has been extended to July 15th due to the COVID-19 health crisis. With everyone under unique and often financial strains, many are examining their finances, searching for ways to save money. Where Tax Savings and Benefits Intersect. Unused balances roll over year to year.

401(k) 53

401(k) Retirement Plan Medical Taxes 53

Genesis HR Solutions

JULY 3, 2019

401(k) matching contributions. Insurance, including health, dental, vision, life, disability, etc. Indirect Compensation: Taxes. Social security tax. Unemployment tax. Health, dental, and vision insurance. Health Savings Accounts (HSA). Retirement plan contributions (401k).

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. These employers are developing innovative new benefits to help their workers start, nurture, educate, support and grow their families.

Health Insurance 52

Health Insurance Employee Benefits Insurance 401(k) 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. Stress this fact to employees, and encourage them to automate a consistent portion of their paycheck to their retirement savings.

Retirement Plan 50

Retirement Plan 401(k) Health Savings Account Education 50

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

HR departments must promptly revise company policies to reflect these changes and should also engage in comprehensive training programs to ensure that staff are educated about these shifts in policy. New protected categories are being added, including provisions for gender identity and gender expression.

Family and Medical Leave Act 40

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

InterWest Insurance Services

JUNE 6, 2024

It can create bad feelings if staff think their health plan offers little coverage thanks to a high deductible that they never reach. It hurts even more if they haven’t funded their health savings account (HSA), which often happens. The many benefits of HSAs Employees contribute pre-tax dollars to the account.

401(k) 75

401(k) Deductions Deductible Health Savings Account 75

InterWest Insurance Services

MAY 16, 2024

It can create bad feelings if staff think their health plan offers little coverage thanks to a high deductible that they never reach. It hurts even more if they haven’t funded their health savings account (HSA), which often happens. The many benefits of HSAs Employees contribute pre-tax dollars to the account.

401(k) 86

401(k) Deductions Deductible Health Savings Account 86

Insperity

MARCH 12, 2024

The financial wellness of your workforce is especially critical given economic conditions, record-high inflation and high levels of household debt, leading many workers struggling to save enough money. 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.

Family and Medical Leave Act 57

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

Benefit Resource Inc.

JUNE 29, 2021

Within the pre-tax benefit space, your work is cut out for you as a human resource professional. 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).

401(k) 78

401(k) Deductions Deductible Flexible Spending Account 78

Benefit Resource Inc.

OCTOBER 13, 2021

HSA Awareness Day is October 15th, and we are so excited to share our love of Health Savings Accounts with…well, everyone! ” – Health Savings Accounts. A Health Savings Account is one of the most versatile pre-tax benefit accounts available and is a great fit for a wide range of people.

401(k) 75

401(k) Health Savings Account Taxes Deductions 75

Empuls

JULY 11, 2023

Alongside competitive salaries and career growth opportunities, companies are now offering a wide array of tax free or non taxable employee benefits to attract and retain top talent. In this blog, we will discuss tax free or non taxable employee benefits. In this blog, we will discuss tax free or non taxable employee benefits.

Employee Benefits 40

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

Benefit Resource Inc.

AUGUST 6, 2021

Free Health Savings Account? Now, let’s assume those 100 employees contribute $2,000 a year each into their HSA through their pre-tax payroll deduction contributions. Based on the FICA tax rate of 7.65%, you’ll save $15,300. That covers the administrative costs and still leaves you with $12,000 in savings!

401(k) 76

401(k) Health Savings Account Deductions Deductible 76

Genesis HR Solutions

NOVEMBER 20, 2018

PEO services include administration of the following: Health benefits. Payroll tax compliance. While a PEO does not provide health insurance, we do select and manage a comprehensive benefit offering so you can recruit and retain the best employees. Health savings account. Workers’ compensation claims.

Human Resources 40

Human Resources Health Insurance 401(k) Benefits Package 40

Vantage Circle

SEPTEMBER 11, 2023

These include self-service employee onboarding, document storage, payroll processing, tax filing, reporting, and human resources (HR) compliance assistance. By partnering with Justworks, businesses access a comprehensive range of essential features. Pic Credit Criteria Ease of Use Features Customer Support Pricing Ratings 4.6/5

Employee Benefits 52

Employee Benefits Payroll Retirement Plan Software 52

WEX Inc.

JULY 24, 2023

And it’s a solution you might already be offering: the health savings account. These accounts provide another way for your employees to diversify their efforts to prepare for retirement. HSA contributions made through payroll are not subject to the 7.65% FICA tax. It is not legal, financial, or tax advice.

Retirement Plan 98

Retirement Plan 401(k) Health Savings Account Taxes 98