InterWest Insurance Services

DECEMBER 7, 2023

Also, employees will be able to carry over up to $640 next year into 2025 if they have funds left over in their account, if their employer allows it (it’s optional). Anything above the limit at the end of the year is forfeited back to the employer. Employees are not taxed on withdrawals from their account.

Flexible Spending Account 98

Flexible Spending Account Flexible Spending Pharmaceutical Health Savings Account 98

HR Digest

FEBRUARY 1, 2022

The only caveat is that you must be able to pass pre-employment tests such as the Standardized Test of Adult Basic Education Skills (STABLE), written by the Occupational Information Network. Employer Profiles . As of 2016, the IRS has approved 13 licenses that qualify individuals for employment in human resources. Final Words .

Human Resources 98

Human Resources Pharmaceutical Retail Education 98

Business Management Daily

SEPTEMBER 15, 2021

Presenting a good employee benefits package often gives one employer an edge over another, especially in cases where basic salaries are relatively equal. Someone definitely could view an employee benefits package that lacks health insurance or paid sick days as a reason to not accept an offer of employment. Extensive maternity care.

Benefits Package 52

Benefits Package Family and Medical Leave Act Health Insurance PTO 52

Workers' Compensation Perspectives

AUGUST 22, 2019

The most common active intervention in the market (after mandating compulsory workers’ compensation insurance coverage for most employers) is the legislative creation of a “state” fund for workers compensation. Note: Although the ratio between worker benefits paid and employer costs is often expressed in dollar terms [e.g.,

Workers’ Compensation 52

Workers’ Compensation Insurance Payroll Medical 52

InterWest Insurance Services

MARCH 7, 2024

If you have staff with health savings accounts, they still have until April 15 to make additional contributions to their accounts if they want to reduce their tax bills for last year. Under IRS rules, for 2023 employers and employees can contribute a combined $3,850 for single employees and $7,750 for families.

401(k) 98

401(k) Health Savings Account Pharmaceutical Deductions 98

InterWest Insurance Services

JUNE 22, 2022

A new study has found that many people in employer-sponsored health plans are enrolling in plans that are costing them more than they ought to be paying. Many employees choose pricey plans with low deductibles, which force them to spend more up front on premiums to save just a few hundred dollars on their deductible.

Deductions 98

Deductions Deductible Pharmaceutical Health Savings Account 98