Benefit Resource Inc.

OCTOBER 23, 2018

If you took the BRight Ideas quiz from Benefit Resource, Inc. CBP elections can be adjusted before you go out of town to save money. Let’s start by exploring CBP elections a little more in-depth. You may also be able to manage your election online by logging in to your account with Benefit Resource. Take it here.

Taxes 45

Taxes Flexible Spending Account Flexible Spending Deductions 45

Benefit Resource Inc.

NOVEMBER 22, 2019

Benefit Resource provides CBP Plan Specifications for all clients which can be used to satisfy this requirement. The post Penalties take effect for DC Transit Ordinance appeared first on Benefit Resource, Inc. This is expected to be a written description of the benefits along with enrollment form and/or instructions.

Transportation 40

Transportation Benefits Package Employee Enrollments Utilities 40

Benefit Resource Inc.

MARCH 10, 2020

A commuter benefit plan (CBP) allows employees to set aside pre-tax money to pay for expenses related to their commute to and from work. If you are looking for information specific to your city or state, visit our Commuter Resource Center. Here, we’ll answer five commuter FAQs that new workers tend to have.

Transportation 40

Transportation Taxes Employment Management 40

Benefit Resource Inc.

MARCH 7, 2019

On top of my CBP and my HSA, I can now sign up for a Dependent Care Flexible Spending Account (DC FSA). At this point, between the CBP for my commute, the HDHP with an HSA for health care and now the Daycare Account, I’m saving literally thousands of dollars every year. And we’re having twins. Hats are hats.

Flexible Spending Account 40

Flexible Spending Account Taxes Medical Health 40

Benefit Resource Inc.

OCTOBER 1, 2019

Benefit Resource (BRI) can automatically pull funds from the account of your choosing based on the trigger and frequency you select. In a “cash balance” approach the CBP is funded as the deposits are received from payroll. More reading on funding from Benefit Resource: 3 ingredients you need for successful plan reconciliation.

Health Savings Account 40

Health Savings Account Deductions Deductible Medical 40

Benefit Resource Inc.

JANUARY 7, 2020

Thankfully, any and every plan that you have through Benefit Resource (BRI) is on one card: the Beniversal Card. Let’s say you have a Flexible Spending Account (FSA) and a mass transit Commuter Benefit Plan (CBP). See more about setting up recurring commuting payments in your city through BRI’s Commuting Resource Center.

Flexible Spending Account 40

Flexible Spending Account Flexible Spending Health Savings Account Taxes 40

Benefit Resource Inc.

FEBRUARY 18, 2020

If you plan is provided by Benefit Resource, you will receive a CBP Plan Specifications which will outline these rules and key time frames to be aware of. Benefit Resource can assist in determining which method to use and how to set premium levels at the beginning of a plan year. You can also learn more from IRS Notice 2011-28.

Taxes 40

Taxes Flexible Spending Account Health Savings Account Flexible Spending 40

Benefit Resource Inc.

OCTOBER 11, 2018

Visit the CBP Resource Center to find parking garages near you. appeared first on Benefit Resource, Inc. You are encouraged to submit parking claims for reimbursement through the BRiMobile app or online. Money in a Parking account cannot be used to pay for Mass Transit expenses. Start Saving. The Bancorp Bank; Member FDIC.

Taxes 74

Taxes Health Savings Account Medical Deductions 74

Benefit Resource Inc.

MAY 2, 2019

The CBP is the account I’m least worried about. Stay tuned for the next post about how I manage the twins going off to college… The post My Life in Benefits Age 40: Transition to a New Company appeared first on Benefit Resource, Inc. We have a pretty generous time frame to submit claims against our April and May expenses.

Mining 68

Mining Flexible Spending Account Health Savings Account Taxes 68

Benefit Resource Inc.

OCTOBER 16, 2018

A mass transit account is one of two accounts under a Commuter Benefit Plan (or CBP). appeared first on Benefit Resource, Inc. To get a better understanding of your specific options, be sure to ask your benefits representative for a copy of the plan documents. You might also check out 5 Surprising Facts about an HRA.

Health Savings Account 55

Health Savings Account Flexible Spending Account Flexible Spending Medical 55

Benefit Resource Inc.

JUNE 3, 2021

Visit the Commuter Resource Center. Michelle’s additional recommendations: Review CBP account balances. The post 4 Factors to Consider as Employees Return to the Office appeared first on BRI | Benefit Resource. This will be vital as employees return to the office.

Transportation 75

Transportation Deductions Deductible Healthcare 75

Benefit Resource Inc.

OCTOBER 4, 2018

Among benefits administrators, Benefit Resource can sometimes have a flair for the dramatic. Our secrets are out in… Four Questions Answered About Benefit Resource. However, with FSAs, HRAs, HSAs, CBP and COBRA as our product suite , you could say we are in the acronym business. Benefit Resource actually has three offices.

Transportation 53

Transportation Taxes Technology Utilities 53

Benefit Resource Inc.

FEBRUARY 14, 2019

Nickname: CBP. The post Speed Dating: Featuring all your favorite pre-tax benefits appeared first on Benefit Resource, Inc. He’s in a highly specialized line of work and we both take care of our piece, so we aren’t stepping on each other’s toes. Potential Partner’s Name: Casey Benson Phillips.

Taxes 14

Taxes Flexible Spending Account Health Savings Account Flexible Spending 14