Benefit Resource Inc.

APRIL 11, 2019

In this post, we’ll provide a bit of background about what the Flexible Spending Account (FSA) rollover option is and how it works. Let’s say you had an FSA in 2018 but you decided not to re-enroll for 2019. You just won’t have a new election amount to spend down as well.

Taxes 76

Taxes Flexible Spending Account Medical Flexible Spending 76

Benefit Resource Inc.

JANUARY 16, 2020

Incorporating lifestyle components into pre-tax accounts. So, how will this affect tax advantaged accounts like Flexible Spending Accounts and Health Reimbursement Accounts? If you’re a Beniversal Card holder, you may already know how easy it is to utilize pre-tax dollars.

Health Savings Account 73

Health Savings Account Flexible Spending Account Flexible Spending Taxes 73

Stratus.HR

JANUARY 24, 2022

To do this, log into the Stratus System , click the green $ sign, go to Taxes (W2 Info), then click the blue Edit button. If you made any pre-tax contributions last year, your YTD earnings will not match Box 1 of your W-2. However, the wages shown in Box 1 of your W-2 is only the amount of earnings subject to federal taxes.

Taxes 64

Taxes Payroll IT Deductions 64

AssuredPartners

NOVEMBER 15, 2018

{"ops":[{"insert":"Today, the Internal Revenue Service announced the tax year 2019 annual inflation adjustments for more than 60 tax provisions, including the tax rate schedules and other tax changes (generally referred to as cost-of-living increases).

Transportation 40

Transportation Flexible Spending Account Flexible Spending Taxes 40

Benefit Resource Inc.

JANUARY 2, 2020

From tax reform to how-to articles, here are the top 10 blogs from Benefit Resource: Check Your Balance. So far, prices have held steady… Pre-tax limits. Across 2018 and 2019, the announcement of pre-tax limits held employees’ attention. Stay on the ball and check view 2020 pre-tax limits here and here.

Flexible Spending Account 40

Flexible Spending Account Flexible Spending Health Savings Account Taxes 40

PeopleStrategy

NOVEMBER 7, 2017

If certain individuals received raises or promotions, make sure these changes are reflected in their current pay stubs as well as in tax documents and company records. Annual, quarterly or holiday bonuses should also be accounted for. Determine the 2018 holiday schedule. Report benefits enrollment information.

Flexible Spending Account 58

Flexible Spending Account Taxes Retirement Plan Flexible Spending 58

Corporate Synergies

AUGUST 6, 2018

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. But there’s a great chance that if you offer a high deductible health plan with an HSA, your employees aren’t crystal clear on the benefits of the health savings account.

401(k) 40

401(k) Health Savings Account Retirement Plan Deductions 40