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4 considerations when choosing employee benefits for the first time

WEX Inc.

If you’ve never been asked if you would like to participate in an employee benefits account before, you might be asking yourself, “What are all these acronyms?” Click here for the first blog post in our series on choosing a health plan for the first time.

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The IRS use-or-lose rule and what it means for FSAs

WEX Inc.

The IRS’ use-or-lose rule governs flexible spending accounts (FSAs). This rule is one of the big differentiators between FSAs and other types of employee benefits. Check out our Benefits episode for a breakdown of eight things you should know about them. It is not legal or tax advice. What is a FSA?

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Happy 2023! Get educated with our top 2022 blog posts

WEX Inc.

To kick off another year of providing you with the employee benefits tips and information you need, we wanted to look back at your favorite blog posts from the last year. Here are our top 10 blog posts from 2022: Your HSA when you change jobs Were you among the 20% of workers expected to quit their jobs in 2022?

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4 considerations when choosing employee benefits for the first time

WEX Inc.

If you’ve never been asked if you would like to participate in an employee benefits account before, you might be asking yourself, “What are all these acronyms?” Click here for the first blog post in our series on choosing a health plan for the first time.

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What We’ve Learned About Pre-Tax Benefits This Year

Benefit Resource Inc.

Pre-tax benefits are growing in popularity amongst employers and employees alike. This is because they offer a great way to save on taxes while still being able to use funds for medical, dependent care, and other expenses. DIFFERENT WAYS TO SPEND DEPENDENT CARE FUNDS. HOW TO AVOID PENALTIES ON AN HSA WITHDRAWAL.

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What happens to employee benefits plans when you elect COBRA?

WEX Inc.

And election of COBRA can affect your ability to use the reimbursement accounts in which you were participating prior to your COBRA eligibility. In this blog post, we outline some of the ways your ability to use your employee benefits changes when you elect COBRA. It is not legal or tax advice.

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Save on back-to-school expenses with your HSA or FSA

WEX Inc.

You might be surprised to learn that your health savings account (HSA) and medical flexible spending account (FSA) can help you save on purchases of a variety of back-to-school, expenses, including: Thermometers. For more insights about HSAs or FSAs, subscribe to our blog or check out our eligible expense list.