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What happens to funds once you retire?

Benefit Resource Inc.

We’ve written about Health Savings Accounts and retirement in other blogs (like this one or this one ) so for this piece, we’ll be focusing on two other, less common accounts: Health Reimbursement Accounts (HRAs) and HRA VEBAs. Funds in an HRA. Funds in an HRA VEBA. Spend Down with No Time Limit.

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What is Substantiation and Why is it Required?

Benefit Resource Inc.

Within the tax code, there is a rule that states every expense or transaction from an FSA or HRA must be substantiated. Within the tax code, there is a rule that states every expense or transaction from an FSA or HRA must be substantiated. The IRS is permitting you to use the funds in an FSA or HRA on a tax-free basis.

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A Guide to Payroll Processing in India

Qandle

We will cover important topics such as the Income Tax Act, the Employee Provident Fund (EPF) Act, and the Employee State Insurance (ESI) Act, and how they impact payroll processing. Additionally, we will explore different software solutions available in the market and best practices for choosing the right one for your business.

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The Long-Awaited COBRA Premium Subsidy Guidance Has Arrived!

AssuredPartners

ELIGIBILITY AS AN AEI By way of background, and as we discussed in our previous blog entry summarizing the April FAQs and in our March update providing an overview of the law generally, ARPA’s provisions include a 100 percent subsidy for COBRA continuation coverage which began on April 1, 2021 and will continue through September 30, 2021 for AEIs.

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Creating a comprehensive benefits package to attract and retain top talent

PeopleStrategy

“Great benefits are essential for attracting the best talent.” To overcome this challenge, you need to do everything you can to make your company stand out in ways that your competition simply can’t match; offering a comprehensive benefits package is one of the best ways to reach that goal.

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Changes to consider for your benefit plans

Benefit Resource Inc.

Brooks Knoll , Mountain States Region | Watch Brooks’ full video. HRA Flexibility. HRAs are flexible and can be designed to meet a variety of needs. Check out our blog Best practices to keep your HRA plan design simple (but impactful) for some ideas on designing your company’s plan.