WEX Inc.

MAY 31, 2023

For those who have health savings accounts (HSAs) or medical flexible spending accounts (FSAs) , there are opportunities to save money on these expenses. For legal or tax advice, you should consult your own legal counsel, tax and investment advisers. Can I use my HSA or medical FSA to pay for dental expenses?

Medical 98

Medical Flexible Spending Account Health Savings Account Flexible Spending 98

WEX Inc.

AUGUST 14, 2023

A flexible spending account (FSA) carryover is one way you can provide flexibility to employees who participate in these accounts. For legal, financial, or tax advice, you should consult your own legal counsel, tax and investment advisers. We break down FSA carryovers below.

Flexible Spending Account 98

Flexible Spending Account IT Flexible Spending Taxes 98

WEX Inc.

MAY 4, 2023

The IRS requires your flexible spending account (FSA) participants to submit documentation to prove their purchase was an eligible expense. For legal or tax advice, you should consult your own legal counsel, tax and investment advisers. Check out the below FSA documentation cheat sheet. It is not legal or tax advice.

Flexible Spending Account 98

Flexible Spending Account Flexible Spending Taxes Medical 98

WEX Inc.

JULY 7, 2023

The IRS’ use-or-lose rule governs flexible spending accounts (FSAs). A flexible spending account (FSA) is an employer-sponsored benefit that allows employees to set aside a portion of their pre-tax salary to pay for qualified medical expenses or dependent care expenses. So what is the use-or-lose rule?

Flexible Spending Account 52

Flexible Spending Account Flexible Spending Health Savings Account IT 52

WEX Inc.

AUGUST 2, 2023

A flexible spending account (FSA) allows participants to save money by setting aside pre-tax dollars to pay for eligible medical, dental , vision and dependent care expenses incurred by you, your spouse, or your eligible dependents. The information in this blog post is for educational purposes only.

Flexible Spending Account 98

Flexible Spending Account Deductions Deductible Health 98

WEX Inc.

SEPTEMBER 7, 2023

Flexible spending accounts (FSAs) are a powerful tool for individuals and employers to save money on healthcare and dependent care expenses. For legal, financial, or tax advice, you should consult your own legal counsel, tax and investment advisers. Download now! It is not legal, financial, or tax advice.

Flexible Spending Account 98

Flexible Spending Account Take Home Pay Flexible Spending Healthcare 98

Benefit Resource Inc.

APRIL 7, 2023

Savings If you have a pre-tax benefit account like a Flexible Spending Account , Health Savings Account , or Commuter Benefit Account , you’re already ahead of the game. Each dollar going into a pre-tax benefit account saves you 30 to 40 cents per dollar. Sign up for free* BRIALERTS today.

Taxes 98

Taxes Flexible Spending Account Health Savings Account Flexible Spending 98

WEX Inc.

FEBRUARY 23, 2023

In fact, staying on top of your health savings account (HSA) , flexible spending account (FSA) , or any other plan you signed up for throughout the year can pay off for you. For legal or tax advice, you should consult your own counsel. We’ve compiled some tips to help you if you participate in a WEX benefits plan.

Flexible Spending Account 98

Flexible Spending Account 401(k) Health Savings Account Banking 98

Benefit Resource Inc.

DECEMBER 16, 2022

If you have a Flexible Spending Account (FSA), you’re down to the wire on spending time for the year. By virtue of being a “use-it-or-lose-it” account, unused FSA funds run the risk of being forfeited* by you and collected by your employer. Need help submitting receipts? Click here.

Flexible Spending Account 75

Flexible Spending Account Flexible Spending Medical Food 75

WEX Inc.

MAY 24, 2023

It’s about what a health savings account or a flexible spending account can do for them." For legal or tax advice, you should consult your own legal counsel, tax and investment advisers. “I think it’s really important to tie it back to things that are meaningful to [employees]….their

Flexible Spending Account 97

Flexible Spending Account Health Savings Account Benefit Providers Flexible Spending 97

Money Talk

JANUARY 19, 2022

Estimate Future Retirement Income - Consult an online calculator to understand how a sum of money (savings) can turn into a stream of income. Check Your FSA - Learn the rules for your flexible spending account (FSA). Research studies have found that having guaranteed retirement income (e.g.,

Flexible Spending Account 242

Flexible Spending Account Taxes Pension Deductions 242

WEX Inc.

JANUARY 4, 2023

Flexible Spending Account (FSA) If you were enrolled in an FSA prior to electing COBRA, you may still be able to tap into your FSA funds. Your ability to spend down funds depends on a number of factors, and those factors can be specific to your employer’s FSA. For legal or tax advice, you should consult your own counsel.

Employee Benefits 52

Employee Benefits Flexible Spending Account Health Savings Account Flexible Spending 52

CorpStrat

JANUARY 22, 2024

This means your employees can consult healthcare professionals from the comfort of their homes, saving time and reducing the need for in-person visits. To learn more about how to communicate your employee benefit plans effectively, read our full article. Hidden Gems In Your Employee Benefits Plan 1.

Employee Benefits 52

Employee Benefits Flexible Spending Account Health Savings Account Flexible Spending 52

Health Consultants Group

OCTOBER 1, 2021

Health Savings Accounts. Flexible Spending Accounts: funded by salary reduction. IRS guidelines restrict certain spending account benefits to maximum annual amounts. Call Health Consultants Group at (800) 367-2482. Cafeteria Plan benefits often include. Accident and Health Benefits . Dependent Care .

Employee Benefits 86

Employee Benefits Family and Medical Leave Act Flexible Spending Account Health Savings Account 86

Benefit Resource Inc.

MARCH 20, 2024

Every day, we have the privilege of working closely with thousands of employers, employees, and consultants, fostering relationships built on trust to simplify benefits and offer tax-advantaged savings and peace of mind,” said Jennie Boeckmann, BRI regional sales manager.

Health Savings Account 52

Health Savings Account Flexible Spending Account Flexible Spending Taxes 52

Business Management Daily

NOVEMBER 15, 2021

Flexible Spending Accounts allow employees to set aside pre-tax dollars from their paycheck to use for medical or dependent care expenses. These funds are placed in an FSA account that employees can use to pay for eligible expenses. Lactation supplies such as breast pumps and lactation consulting. Healthcare FSA.

Flexible Spending Account 98

Flexible Spending Account Flexible Spending Medical Healthcare 98

HR Lineup

JUNE 15, 2023

It allows employees to explore and select their desired benefits packages from a wide range of options, including health insurance, retirement plans, flexible spending accounts, and more. These include benefits consulting, compliance assistance, and customer support.

Flexible Spending Account 52

Flexible Spending Account Benefits Package Retirement Plan Flexible Spending 52

PeopleStrategy

OCTOBER 10, 2023

Consider offering personalized consultations or online tools that help employees calculate their optimal benefits based on their individual circumstances. Offer Choice and Flexibility Employees value choice and flexibility. Personalize the Experience Every employee is unique, and their benefit needs vary.

Flexible Spending Account 52

Flexible Spending Account Retirement Plan Voluntary Benefits Flexible Spending 52

WEX Inc.

MARCH 20, 2023

When things change at lightspeed, it is imperative to have team members who understand what you need to do to stay in compliance, but also develop a detailed plan to execute, predict and account for downstream impacts. For legal or tax advice, you should consult your own counsel. Do our employees understand and value their benefits?

Employment 98

Employment Flexible Spending Account Flexible Spending Education 98

WEX Inc.

AUGUST 15, 2023

HSAs and FSAs as an option Health savings accounts (HSAs) and flexible spending accounts (FSAs) are among the pre-tax accounts you can contribute funds to and save money on healthcare costs. However, your eligibility for either account can be influenced by the health plan you choose.

Deductions 98

Deductions Deductible Healthcare Flexible Spending Account 98

WEX Inc.

JANUARY 3, 2023

Why adding an FSA makes an HSA even better Did you know that you can participate in both an HSA and a flexible spending account (FSA)? For legal or tax advice, you should consult your own legal counsel, tax and investment advisers. Learn more about the limits here. It is not legal or tax advice.

Education 52

Education Flexible Spending Account Health Savings Account Flexible Spending 52

HR Lineup

FEBRUARY 13, 2023

USI is a leading insurance brokerage and consulting firm that specializes in employee benefits. The company also offers flexible spending accounts (FSAs) and health savings accounts (HSAs) to help employees save money on healthcare costs.

Employee Benefits 52

Employee Benefits Flexible Spending Account Disability Insurance Health Savings Account 52

Benefit Resource Inc.

MAY 2, 2023

Pre-tax benefits, such as Flexible Spending Accounts (FSAs) and Health Savings Accounts (HSAs) , allow employees to set aside a portion of their pre-tax income to pay for healthcare-related expenses. Telehealth can contribute to enhanced healthcare quality and outcomes for employees.

Employment 52

Employment Flexible Spending Account Benefits Package Healthcare 52

WEX Inc.

SEPTEMBER 6, 2023

HSAs and FSAs: Service dog expenses Health savings accounts (HSAs) and flexible spending accounts (FSAs) may provide an additional avenue for covering the cost of a service dog. For legal or tax advice, you should consult your own legal counsel, tax and investment advisers. It is not legal or tax advice.

Recruitment 59

Recruitment Flexible Spending Account Health Savings Account Medical 59

Benefit Resource Inc.

MAY 6, 2019

A Dependent Care Flexible Spending Account (DC FSA) helps employees pay for eligible child care expenses by reducing taxable income through payroll deductions. Employees who choose to participate in the plan can set aside up to $5,000 in the account every year toward qualifying child care expenses. Dependent Care FSA.

Taxes 85

Taxes Flexible Spending Account Flexible Spending Deductions 85

WEX Inc.

APRIL 12, 2023

They can’t be covered by any other health plan that would disqualify them from an HSA, such as a spouse’s plan or a medical flexible spending account (FSA). For legal or tax advice, you should consult your own legal counsel, tax and investment advisers. The information in this blog post is for educational purposes only.

Health Savings Account 52

Health Savings Account Deductions Deductible Flexible Spending Account 52

Griffin Benefits

OCTOBER 1, 2022

Additionally, account-based plans, like health reimbursement arrangements (HRAs) and health care flexible spending accounts (FSAs), are not required to report. Excepted benefits (e.g., Finally, short-term limited duration insurance (which is typically an individual market product) is also exempt.

Insurance Carriers 65

Insurance Carriers Employment Flexible Spending Account Insurance 65

Insperity

FEBRUARY 13, 2018

This alone can help ease some of your employees’ money concerns because they will have the opportunity to get things like medical insurance, disability, flexible spending accounts, retirement plans and more. Promote the money-saving value of a flexible spending account.

401(k) 73

401(k) Disability Insurance Flexible Spending Account Deductions 73

Benefit Resource Inc.

APRIL 21, 2021

Flexible Spending Accounts are not eligible for subsidy. For legal or tax advice, consult your own counsel. There is a subsidy for 100% of premiums (including 2% administration fees) for the cost of Group Health Plans, including: Medical, Dental, Vision, and most HRAs. What is the subsidy period? When will it end?

Flexible Spending Account 74

Flexible Spending Account Taxes Flexible Spending Insurance 74

AssuredPartners

DECEMBER 23, 2020

Below please find some highlights for those factors that may affect health and welfare plans. "},{"attributes":{"italic":true},"insert":"This assumes the President signs the bill into law—he is currently threatening to veto it in favor of either a clean bill (stand-alone bill) or that the amount of COVID-stimulus payments to eligible households be (..)

Health and Welfare 40

Health and Welfare Flexible Spending Account Flexible Spending Consulting 40

Benefit Resource Inc.

OCTOBER 1, 2020

The firm believe s that creating, accessing, and using benefits should be as simple and stress-free as possible.

Flexible Spending Account 45

Flexible Spending Account Health Savings Account Flexible Spending Transportation 45

Benefit Resource Inc.

DECEMBER 30, 2020

We are excited to provide you with some additional insight into the FSA relief options for Health and Dependent Care Flexible Spending Accounts, included in the year-end spending bill signed into law on December 27, 2020. Plan sponsors should consider several factors as relief options are being evaluated.

Flexible Spending Account 52

Flexible Spending Account Flexible Spending Health Savings Account Utilities 52

Empuls

OCTOBER 11, 2023

‍Here are a few things Health and Wellness stipends are not part of: Health Savings Account (HSA) Flexible Spending Accounts (FSA) Health Insurance Stipend Stipends with Reimbursement Options Now that we’ve made it clear, let’s move on to how an organization can offer Health and Wellness stipends to its employees.

Healthcare 40

Healthcare Medical Consulting Flexible Spending Account 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). That’s a mouthful, so I just think of it as a Daycare Account. Please consult a tax professional if you are unsure of which option is more beneficial for your particular tax situation. Hats are hats.

Flexible Spending Account 40

Flexible Spending Account Taxes Medical Health 40

AssuredPartners

FEBRUARY 3, 2020

Please consult with your accountant and/or tax adviser about how your situation is impacted by you not having health coverage. ("},{"attributes":{"italic":true},"insert":"Also note: "},{"insert":" DC, NJ, CA and MA also require employers to communicate about coverage offerings through mechanisms similar to the 1094/1095 processes.

Taxes 52

Taxes Flexible Spending Account Flexible Spending Healthcare 52

Empuls

JANUARY 30, 2023

Briefly mention attractive benefits, like: Flexible spending accounts Educational assistance Insurance coverage 401(k) plan Paid time off Flexible work hours Work-from-home options Ensure that the candidate understands the benefits to simplify the onboarding process for them.

Recruitment 52

Recruitment Banking Salary 401(k) 52

Empuls

JULY 11, 2023

They can range from health insurance coverage to retirement plans, flexible spending accounts, transportation benefits, education assistance, and more. However, qualified withdrawals from Roth accounts, including earnings, are tax free, providing tax free income during retirement.

Employee Benefits 40

Employee Benefits Flexible Spending Account roth 401(k) 401(k) 40