Benefit Resource Inc.

JANUARY 3, 2023

With a Flexible Spending Account (FSA), you can set aside up to $3,050 in pre-tax dollars per calendar year to pay for eligible medical expenses like doctor visits, hospitalizations, and prescription medications. The post Utilizing Pre-Tax Benefits to Prioritize Health in 2023 appeared first on BRI | Benefit Resource.

Utilities 98

Utilities Taxes Flexible Spending Account Flexible Spending 98

Money Talk

JUNE 28, 2023

Flexible Spending Account (FSA) Tweak - Like HSAs, you know your health care spending so far. Use this information to adjust payroll deductions for a health care FSA (up or down). The 2023 maximum pre-tax contribution is $3,050. Ditto for child care FSA contributions.

Flexible Spending Account 239

Flexible Spending Account Banking Health Savings Account Finance 239

Benefit Resource Inc.

APRIL 18, 2023

One such way is by utilizing health savings accounts (HSAs) and flexible spending accounts (FSAs). Health Savings Accounts allow employees (and employers) to contribute to a tax-free account to be used for eligible medical expenses. HSAs and FSAs also offer flexibility in how you use your funds.

Medical 52

Medical Flexible Spending Account Health Savings Account Flexible Spending 52

Benefit Resource Inc.

APRIL 20, 2023

While dusting, vacuuming, and packing away winter clothes may be on the top of your spring cleaning list, have you considered reviewing your eligible expenses and utilizing your Flexible Spending Account (FSA)? Utilize resources like BRIWEB , BRIMOBILE , and Participant Services to help you navigate your benefits.

Out of Pocket Cost 83

Out of Pocket Cost Flexible Spending Account Flexible Spending Health Savings Account 83

Money Talk

JUNE 29, 2022

In it, I urged a review of tax deductions/credits, tax withholding, budgeting/cash flow, flexible spending accounts, financial goal progress, and investment portfolio status. Automated Payments Review - Payments for utilities (e.g., Start with a review of property insurance coverage with an insurance agent.

401(k) 245

401(k) Out of Pocket Cost Finance Flexible Spending Account 245

Business Management Daily

SEPTEMBER 22, 2021

The survey results will help you prioritize the benefit changes or expansions that would be most impactful for your current employees so that you can utilize your benefits budget effectively. HSA benefit plans: A health savings account lets employees set aside money on a pre-tax basis to pay for qualified medical expenses.

Employment 90

Employment Deductions Deductible Benefit Providers 90

Business Management Daily

JANUARY 5, 2021

Congress has put to rest the controversy regarding whether expenses associated with loans forgiven under the Paycheck Protection Program are deductible on your corporate return. PPP loans originally covered payroll , rent, utilities, and similar costs. Expanded meal deduction. Congress now says yes, regardless of the double-dip.

Payroll 52

Payroll Family and Medical Leave Act 401(k) Taxes 52