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New HSA, FSA, 401(k) Contribution Levels Set

InterWest Insurance Services

The IRS has released the 2023 maximum contribution amounts for health savings accounts and flexible spending accounts. The changes, which the IRS releases in November each year, will affect contribution limits for HSAs, FSAs and 401(k) and other retirement accounts. 7,750 for family coverage (up $450).

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Importance of Employee Benefit Package And Why it Matters

HR Digest

From mandated health insurance plans to free snacks, benefits and perks can play a big role in talent attraction and employee retention. Health insurance Those benefits provide a baseline of employee expectations. Matching 401(k) contributions 2. Health care flexible spending accounts 3. Health insurance 2.

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HSA vs. FSA: See how you’ll save with each

WEX Inc.

Participating in a health savings account (HSA) or flexible spending account (FSA) is a great way to save money. You must be enrolled in a high-deductible health plan (HDHP) to be eligible, which lowers you insurance premiums. Health savings account funds can be invested for potential growth of your HSA funds.

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Pazcare

HR Lineup

One of the most significant employee benefits that Pazcare offers is health insurance. Health insurance is an essential component of employee benefits, and Pazcare recognizes the importance of it. Pazcare provides its employees with 401(k) plans, which are retirement savings plans that allow employees to save for their future.

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It’s Time for a Mid-Year Financial Check-Up

Money Talk

In it, I urged a review of tax deductions/credits, tax withholding, budgeting/cash flow, flexible spending accounts, financial goal progress, and investment portfolio status. 401(k) or 403(b) plan). Insurance Check-Up - While stocks have trended downward so far in 2022, insurance premiums (homeowners, auto, health, etc.)

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16+ types of employee benefits you should consider

Genesis HR Solutions

There are four major types of employee benefits many employers offer: medical insurance, life insurance, disability insurance, and retirement plans. Medical Insurance. Medical insurance is likely a no-brainer— it’s one of four major types of benefits most employers offer. Dental Insurance. Vision Insurance.

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Learn the dos and don’ts of open enrollment

WEX Inc.

When approaching open enrollment, do … Evaluate available health insurance plans. That’s essentially what you’re doing when your employer offers to contribute or match your contributions to a benefits plan or 401(k) and you’re not taking advantage. Miss out on learning opportunities. Open enrollment comes just once a year.

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