Employee Benefits Employee Enrollments Flexible Spending Account Healthcare 
Stratus.HR
OCTOBER 18, 2022
Creating a full wrap document to comply with ERISA (Employee Retirement Income Security Act): 1 hour if digital . Answering employee questions about open enrollment: 1-3 hours . Following-up with outstanding employee enrollments: 1-2 hours . Administering a Flexible Spending Account (i.e.,
Business Management Daily
NOVEMBER 30, 2021
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. This means that employees do not have to wait to use their health FSA funds. Date of service.
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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. But there’s a great chance that if you offer a high deductible health plan with an HSA, your employees aren’t crystal clear on the benefits of the health savings account.
HR Digest
APRIL 2, 2024
If you’re unfamiliar with the concept of a lifestyle spending account you’re not alone in your confusion. A Health Spending Account (HSA) might be a more familiar concept to you—a workplace benefit account that helps you out with healthcare expenses by drawing from reserves that build up over time.
WEX Inc.
JULY 20, 2023
HSA or FSA options Similar to the choice in health plans, many participants told us in the survey that they wanted to choose between either a health savings account (HSA) or a flexible spending account (FSA). However, not all employees are offered these benefits.
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