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FSA eligible expenses — what purchases count?

Business Management Daily

Flexible Spending Accounts allow employees to set aside pre-tax dollars from their paycheck to use for medical or dependent care expenses. They may also be questioning whether they have a need for an FSA and if so, how much they should choose to have deducted each month. Copays, co-insurance, and deductibles for medical care.

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Best practices to avoid receipt requests

Benefit Resource Inc.

This is typically your larger retailers and pharmacy chains that sell a broad range of products and services. Confirm enrollment in a health plan To receive automatic approval for co-pays, certain co-insurance, and deductible expenses, make sure your employer has reported you as enrolled in the company health plan.

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FSA receipt requirements: What you need to document

Business Management Daily

Flexible spending accounts (FSAs) are employer-established accounts that allow you to put aside pre-tax dollars from your paycheck into a special account to be used for eligible health or dependent care expenses. Requirements for retail purchases made on the card issued by an FSA provider may be a bit less stringent.

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Flu season is here- are you ready?

Benefit Resource Inc.

If not, it is an eligible expense under a Medical Flexible Spending Account (FSA), Health Savings Account (HSA) and most Health Reimbursement Accounts (HRA).) Pharmacies housed in large retailers like Walgreens, CVS and RiteAid often offer immunizations and they accept most insurance. Go to a local pharmacy or clinic.

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Can I use my benefits card on a road trip?

Benefit Resource Inc.

While the term “benefits card” may conjure up images of deductibles and doctor’s visits, you can also use your card while traveling. In most cases, large retailers like CVS and Target are a safe bet. We have good news- your benefits card* can stretch a lot farther than you might think. For business or pleasure.)

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4 Health Insurance Options For Small Business Owners

Genesis HR Solutions

GenesisHR can help your small business get HRA plan documents; administer your ICHRA; take deductions through payroll, and more. Employers are more likely to ensure their employees are happy by allowing them to pick their own coverage, as opposed to picking a small group plan, which, by nature, is required to be one-size-fits-all.

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Who Knew? Ten Lesser-Known Money-Saving Tips

Money Talk

Also, cash-back and low-interest credit cards, pre-tax employer flexible spending accounts, negotiating (a.k.a., Nevertheless, I also continue to find money savings tips that are new to me. I call them my “Who Knews?” Below is a list of 10 of my “Who Knews?” from the several recent annual AARP 99 Great Ways to Save articles.