WEX Inc.

SEPTEMBER 12, 2023

Understanding HSAs The number of health savings accounts (HSAs) has doubled nationwide in the last seven years , as more Americans turn to these accounts as a way to save on healthcare costs and prepare for retirement. HSA-eligible health plans typically have lower premiums but higher deductibles.

Employee Benefits 52

Employee Benefits Flexible Spending Account Health Savings Account Life Insurance 52

WEX Inc.

APRIL 24, 2023

Your health plan drives many of your decisions during open enrollment. One emerging trend is employers offering their employees health plan options. That’s a critical first step when weighing your choice of an HDHP versus a PPO or another type of traditional health plan. Does your employer offer options?

401(k) 52

401(k) Health Savings Account Deductions Deductible 52

Proskauer's Employee Benefits & Executive Compensa

OCTOBER 21, 2022

On October 18th, the IRS announced a slew of inflation adjustments for 2023, including to the annual contribution and carryover limits for healthcare flexible spending accounts and the monthly limit for qualified transportation fringe benefits. Health FSAs. . The new limits are set forth below. Increase from 2022 to 2023.

Transportation 52

Transportation Flexible Spending Account Flexible Spending Health Savings Account 52

AssuredPartners

SEPTEMBER 25, 2023

Baby Boomers (born 1946-1964): Baby Boomers are nearing retirement or have already retired. They value traditional benefits like comprehensive health coverage, retirement plans, and job security. Retirement Planning: Provide financial education and retirement planning resources for Baby Boomers.

Retirement Plan 52

Retirement Plan Health Savings Account Benefits Package Healthcare 52

Empuls

FEBRUARY 26, 2024

Corporate wellness programs will impact physical wellbeing  Beyond traditional healthcare benefits, employers are increasingly recognizing the need to invest in comprehensive corporate wellness programs. Rising healthcare costs, coupled with the complexities of insurance plans, can be a source of significant stress. 

Employee Benefits 40

Employee Benefits Financial Counseling Healthcare Retirement Plan 40

Business Management Daily

APRIL 25, 2024

Fringe benefits can include: Cash bonuses Extra vacation time Paternity leave or extended maternity leave On-site amenities Childcare Wellness plans Retirement planning services Monthly stipends for work expenses Unless they’re working in a highly competitive field, most employees expect employers to offer fringe benefits , at least on some level.

Taxes 52

Taxes Retirement Plan Employee Stock Option Bonuses 52

Corporate Synergies

AUGUST 6, 2018

Educate employees on how to use these funds for current and future healthcare expenses. Health savings accounts can be a good deal for employees. Employers that have gone the HDHP route typically offer a qualified plan that includes a health savings account to help pay for qualifying medical expenses tax-free.

401(k) 40

401(k) Health Savings Account Retirement Plan Deductions 40

Genesis HR Solutions

SEPTEMBER 22, 2020

There are four major types of employee benefits many employers offer: medical insurance, life insurance, disability insurance, and retirement plans. The amount you elect must be used in that plan year. Health Savings Account (HSA). Health Reimbursement Account (HRA). Retirement.

401(k) 98

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

Business Management Daily

SEPTEMBER 15, 2021

To aid in the decision-making process, though, here’s a closer look at various types of employee benefits : Health insurance. Despite the emergence of the healthcare marketplace, people still look to their employer as the first and most cost-effective choice for medical insurance. Medical plans with no or low-cost deductibles.

Benefits Package 52

Benefits Package Family and Medical Leave Act Health Insurance PTO 52

Flimp Communications

MARCH 31, 2020

The long-term financial wellness of the average American worker is at risk during this health and economic crisis. Where Tax Savings and Benefits Intersect. Health savings accounts (HSAs) are great medical savings and investment tools for employees, particularly those who won’t have a ton of medical expenses year to year.

401(k) 53

401(k) Retirement Plan Medical Taxes 53

WEX Inc.

JULY 24, 2023

And it’s a solution you might already be offering: the health savings account. Why HSAs for retirement planning? These accounts provide another way for your employees to diversify their efforts to prepare for retirement. Click below to get your free HSA retirement white paper.

Retirement Plan 98

Retirement Plan 401(k) Health Savings Account Taxes 98