BerniePortal

DECEMBER 17, 2021

A common question many people ask is “Can I have an HRA and an HSA at the same time?” An HSA is typically owned by an employee while an HRA is typically owned by an employer. Read on to learn more about the difference between HRAs and HSAs, and how you can manage them together.

Employment 98

Employment Management Healthcare 98

WEX Inc.

JANUARY 4, 2023

COBRA can provide important health insurance security when you’ve experienced job loss or another qualifying event. And election of COBRA can affect your ability to use the reimbursement accounts in which you were participating prior to your COBRA eligibility. You don’t have any disqualifying coverage (such as an FSA).

Employee Benefits 52

Employee Benefits Flexible Spending Account Health Savings Account Flexible Spending 52

Benefit Resource Inc.

OCTOBER 11, 2018

A pre-tax benefit account allows you to set aside money from your paycheck before taxes to use for IRS-approved purchases. The items you can pay for through a pre-tax benefit account depends on which plan(s) you have. There is a limit for how much money can be put in a Medical FSA each year. Medical FSA.

Taxes 74

Taxes Health Savings Account Medical Deductions 74

Genesis HR Solutions

SEPTEMBER 22, 2020

While you know recruiting and retention is important, you may not be sure if the benefits you offer are a selling point to your potential employees. At the end of this article, we’ll explain how a professional employer organization (PEO) can help you select, negotiate, and administer best possible benefits for your company.

401(k) 98

401(k) Employee Benefits Disability Insurance roth 401(k) 98

Benefit Resource Inc.

OCTOBER 30, 2018

There are multiple reasons: not feeling informed about nuances, regrets about the decision made, and not enough time to make a selection. 50% of participants incorrectly think HSA funds are treated like FSA funds and are forfeited at the end of the plan year instead of automatically rolling over from year to year.

Flexible Spending Account 56

Flexible Spending Account Taxes Health Savings Account Healthcare 56

Flimp Communications

OCTOBER 15, 2019

Open enrollment season for healthcare is here, and the time for benefits decision-support tools to shine is now. Basically, you don’t want people taking out a policy when they need it and then dropping it once the crisis has passed. HR departments and benefits managers have always offered as much support as they can.

Out of Pocket Cost 42

Out of Pocket Cost Healthcare Deductions Deductible 42

Corporate Synergies

SEPTEMBER 10, 2018

But breaking down its components can help HR host a successful event. Three words have the power to make the most experienced HR professional shudder— open enrollment 2019. No wonder you don’t have time for lunch. But frankly, by now you should have a very good idea where the rate is projected to land.

Health and Welfare 40

Health and Welfare Voluntary Benefits Flexible Spending Account Health Savings Account 40