Benefit Resource Inc.

AUGUST 27, 2019

First, you might list all the medical items and procedures you can pay with an FSA. Third, you determine the eligible eye care expenses, like exams and glasses that can be paid from an FSA. For many people, that is where their understanding of an FSA stops. Little do they know that they are only considering a Medical FSA.

Flexible Spending Account 40

Flexible Spending Account Flexible Spending Medical Taxes 40

Benefit Resource Inc.

JUNE 13, 2019

It can be a bit of a struggle to figure out what to do with your kids once they’re home for the summer. Let’s start by defining what a Dependent Care Account is and then look at how to use it to pay for summer child care. What is a Dependent Care Account? Dependent Care Account to the rescue! Don’t touch that!

Deductions 65

Deductions Deductible Taxes Payroll 65

Benefit Resource Inc.

APRIL 21, 2021

Please continue to check our blog page for updates on this developing topic. What benefits are eligible? What is the subsidy period? What types of notifications are required? Plan sponsors are responsible for paying premiums to the carrier and will receive a tax credit against their quarterly payroll taxes.

Flexible Spending Account 74

Flexible Spending Account Taxes Flexible Spending Insurance 74

Benefit Resource Inc.

OCTOBER 30, 2018

What makes enrolling in benefits stressful? Approximately 1 out of 3 participants fail to understand that separate enrollments and elections are required for a Medical FSA and Dependent Care FSA (DCA). How to counteract it: For FSAs: In communications and at benefit meetings, give the two accounts distinct, descriptive names.

Flexible Spending Account 56

Flexible Spending Account Taxes Health Savings Account Healthcare 56

Benefit Resource Inc.

MAY 6, 2020

Question 1: What should employers be doing to help their participants during COVID-19? Check out our blog on 10 new eligible items you can buy with your pre-tax dollars. Question 2: What changes can assist participants in the preservation of their pre-tax funds? Check out the video below: COVID-19 and Pre-Tax Accounts.

Taxes 52

Taxes Medical Payroll Employment 52

Benefit Resource Inc.

FEBRUARY 7, 2019

What makes an HDHP a good idea? Our premiums break down to 12 monthly payments of $120 through payroll deductions. This is the second post in our “My Life in Benefits” series. New posts are published the first Thursday of every month in five year increments. Read the first post here. I ended up asking her on a date.

401(k) 45

401(k) Deductions Deductible Health Savings Account 45

Benefit Resource Inc.

JUNE 1, 2022

Uh, can you give us some perspective on what are the types of things that people are calling about regarding claims, and what are some opportunities to really improve or optimize their experience? Have already done something and they’re trying to figure out, what happened, and what went wrong. Download Slides.

Medical 40

Medical Utilities Education Consulting 40