CorpStrat

JANUARY 22, 2024

As we settle into 2024, many teams have recently renewed their Employee Benefits plans. It’s the perfect time to take a closer look and remind your employees about the fantastic, often underutilized benefits these plans offer. Communicating these benefits effectively is equally important as providing them.

Employee Benefits 52

Employee Benefits Flexible Spending Account Health Savings Account Flexible Spending 52

Health Consultants Group

OCTOBER 1, 2021

Reconsidering your employee benefits priorities. As your employees settle into their post-pandemic workflow, you’re probably noticing that they don’t want business-as-usual. After a year of unprecedented medical and personal experiences, employees can easily detect holes in their benefits plans. Adoption Benefits.

Employee Benefits 86

Employee Benefits Family and Medical Leave Act Flexible Spending Account Health Savings Account 86

WEX Inc.

SEPTEMBER 12, 2023

If you’ve never been asked if you would like to participate in an employee benefits account before, you might be asking yourself, “What are all these acronyms?” Exploring HSAs and FSAs HSAs and medical flexible spending accounts (FSAs) let you save money because the funds you contribute to them are pre-tax.

Employee Benefits 52

Employee Benefits Flexible Spending Account Health Savings Account Life Insurance 52

CorpStrat

JANUARY 17, 2023

Many employee benefits are subject to annual dollar limits that are adjusted for inflation by the IRS each year. The following commonly offered Employee Benefits are subject to these limits: High deductible health plans (HDHPs) and health savings accounts (HSAs). Health flexible spending accounts (FSAs).

401(k) 52

401(k) Employee Benefits Flexible Spending Account Health Savings Account 52

WEX Inc.

JANUARY 4, 2023

In this blog post, we outline some of the ways your ability to use your employee benefits changes when you elect COBRA. Flexible Spending Account (FSA) If you were enrolled in an FSA prior to electing COBRA, you may still be able to tap into your FSA funds. Your HSA funds can be used to pay for COBRA premiums.

Employee Benefits 52

Employee Benefits Flexible Spending Account Health Savings Account Flexible Spending 52

McDermott Will & Emery Employee Benefits

OCTOBER 21, 2022

The table below compares the applicable dollar limits for certain employee benefit programs and the Social Security wage base for 2022 […]. The post IRS Announces 2023 Employee Benefit Plan Limits appeared first on EMPLOYEE BENEFITS BLOG.

Employee Benefits 82

Employee Benefits Flexible Spending Account Employment Health Savings Account 82

Benefit Resource Inc.

NOVEMBER 22, 2022

But before you sit down to enjoy your well-deserved feast, we wanted to take a moment to remind you of all the things you have to be thankful for at work – namely, your employee benefits! Here are 5 reasons to give thanks for employee benefits this Thanksgiving. Pre-tax benefits save you money.

Employee Benefits 52

Employee Benefits Flexible Spending Account Flexible Spending Health Savings Account 52

Genesis HR Solutions

SEPTEMBER 22, 2020

At the end of this article, we’ll explain how a professional employer organization (PEO) can help you select, negotiate, and administer best possible benefits for your company. 16+ types of employee benefits you should consider. Flexible Spending Account (FSA). Documenting employee benefit elections.

401(k) 98

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

Best Money Moves

JULY 8, 2020

Top 10 employee benefits for 2021. HR trends forecast the most desired employee benefits for 2021 like financial wellness programs and flexible work arrangements. It’s time for employers to start planning their employee benefits packages for 2021. Top 10 Employee Benefits for 2021. #1

Employee Benefits 108

Employee Benefits Out of Pocket Cost Flexible Spending Account Health Insurance 108

McDermott Will & Emery Employee Benefits

JUNE 1, 2023

The Internal Revenue Service (IRS) recently issued a Chief Counsel Advice memorandum to remind sponsors of health and dependent care flexible spending arrangements (FSAs) about their responsibility to adequately substantiate claims in order to receive favorable tax treatment under Section 125 of the Internal Revenue Code (the Code).

Flexible Spending 81

Flexible Spending Taxes Employee Benefits Health and Welfare 81

Benefit Resource Inc.

DECEMBER 5, 2023

In the ever-evolving realm of employee benefits, staying ahead of the curve is essential for HR professionals and benefits advisors. Understanding the intricacies of pre-tax benefit plans and COBRA regulations is crucial, but for those new to the field, it can be a challenging endeavor.

Employee Benefits 52

Employee Benefits Taxes Education Flexible Spending 52

Benefit Resource Inc.

APRIL 10, 2024

As we navigate the intricate world of employee benefits, it’s crucial to ensure that we’re taking full advantage of the offerings available to us. One often underutilized but immensely valuable benefit is the dependent care account (DCFSA). What is a Dependent Care Flexible Spending Account (DCFSA)?

Flexible Spending Account 52

Flexible Spending Account Flexible Spending Taxes Utilities 52

Benefit Resource Inc.

AUGUST 2, 2023

While the immediate cost-saving benefits may seem tempting, slashing employee benefits can have detrimental long-term effects on the workforce and the organization. The Importance of Benefits in the Big Picture Employee benefits play a crucial role in shaping the overall well-being and success of an organization.

Employee Benefits 52

Employee Benefits Health and Welfare Comprehensive Benefits Employee Loyalty 52

Higginbotham

OCTOBER 5, 2023

Employees are seeking more than just medical coverage; they are looking for a comprehensive approach to their well-being , both inside and outside the workplace. To stay ahead in the talent acquisition game, business owners and managers must consider innovative employee benefits that go beyond the basics.

Health Insurance 52

Health Insurance Employee Benefits Insurance 401(k) 52

McDermott Will & Emery Employee Benefits

OCTOBER 19, 2022

The maximum salary reduction limit for a health flexible spending account (Health FSA) increased to $3,050 for 2023 (from $2,850 in 2022), and the Health FSA carryover […]. The post IRS Announces Cost-of-Living Adjustments for Health and Welfare Plans appeared first on EMPLOYEE BENEFITS BLOG.

Health and Welfare 80

Health and Welfare Flexible Spending Account Flexible Spending Salary 80

Benefit Resource Inc.

APRIL 6, 2023

National Employee Benefits Day is celebrated on April 6th. This day is dedicated to recognizing employers’ hard work and dedication that provide valuable benefits to their employees. These eight benefits provide an opportunity for over $30,000 of increased value to employees each year.*

Employee Benefits 52

Employee Benefits Health Savings Account Taxes Entertainment 52

Proskauer's Employee Benefits & Executive Compensa

NOVEMBER 20, 2023

On November 9th, the IRS announced additional inflation adjustments for 2024, including to the annual contribution and carryover limits for healthcare flexible spending accounts and the monthly limit for qualified transportation fringe benefits. The new limits are set forth below.

Transportation 59

Transportation Flexible Spending Account Flexible Spending Retirement Plan 59

Best Money Moves

APRIL 30, 2019

4 big employee benefits trends for family planning. What you need to know about family-friendly employee benefits like fertility services, paid maternity leave and childcare assistance. I expect we’ll see family-friendly benefits continue to grow as part of the larger trend of expanding work-life balance policies.’”.

Employee Benefits 62

Employee Benefits Paid Leave Flexible Spending Account Flexible Spending 62

Benefit Resource Inc.

OCTOBER 31, 2022

But, there’s one thing that doesn’t have to be scary this Halloween —your pre-tax benefits! Commuter benefits, flexible spending accounts, dependent care, and health savings accounts are just a few of the great employee benefits available to help you save money and reduce stress. Source: EBRI.

Taxes 75

Taxes Flexible Spending Account Health Savings Account Flexible Spending 75

WEX Inc.

FEBRUARY 15, 2023

Did you recently elect to participate in a medical flexible spending account (FSA) ? What is a medical flexible spending account (FSA)? A medical FSA is a tax-advantaged employee benefit that gives participants the opportunity to save on out-of-pocket medical, dental, and vision eligible expenses.

Medical 98

Medical Flexible Spending Account Flexible Spending Taxes 98

Benefit Resource Inc.

NOVEMBER 5, 2021

Employers have come to trust and rely on BRI for their tax-free benefits needs. BRI provides dedicated administration of tax-free certified employee benefits programs for the following: Commuter Benefit Plans Flexible Spending Accounts Health Reimbursement Accounts Health Savings Accounts.

Employee Benefits 40

Employee Benefits Flexible Spending Account Health Savings Account Flexible Spending 40

WEX Inc.

OCTOBER 4, 2023

Participating in a health savings account (HSA) or flexible spending account (FSA) is a great way to save money. Health savings account An HSA is an individually owned benefits plan funded by you or your employer that lets you save on purchases of eligible expenses.

401(k) 98

401(k) Flexible Spending Account Health Savings Account Flexible Spending 98

Benefit Resource Inc.

OCTOBER 28, 2022

In order to attract and retain the best talent, employers need to be aware of what each generation is looking for in employee benefits. When it comes to employee benefits, this generation is looking for convenience and customization. Offering Benefits for All. LEARN MORE ABOUT CUSTOMIZED BENEFITS FOR EMPLOYEES.

Employee Benefits 40

Employee Benefits 401(k) Parental Leave Retirement Plan 40

WEX Inc.

FEBRUARY 23, 2023

And just because you have an entire plan year ahead doesn’t mean you should wait until November or December to put time and energy into your employee benefits. In fact, staying on top of your health savings account (HSA) , flexible spending account (FSA) , or any other plan you signed up for throughout the year can pay off for you.

Flexible Spending Account 98

Flexible Spending Account 401(k) Health Savings Account Banking 98

InterWest Insurance Services

MARCH 22, 2022

One way you can give your staff more choice in the employee benefits they receive is to offer them a cafeteria plan, which allows them to put together a benefits package that works best for them. Employers fund these flexible benefit plans with funds that are deducted from their employees’ salaries on a pre-tax basis.

Flexible Spending Account 96

Flexible Spending Account 401(k) Flexible Spending Deductions 96

Winston Benefits

FEBRUARY 13, 2018

Focusing on employee benefits will help architecture firms attract those employees. Here are some of the top employee benefits that architecture firms offer. Consistently seen as one of the most valued employee benefits, health insurance offerings are often generous at architecture firms.

Architecture 49

Architecture Employee Benefits Health Insurance Bonuses 49

WEX Inc.

JULY 7, 2023

The IRS’ use-or-lose rule governs flexible spending accounts (FSAs). This rule is one of the big differentiators between FSAs and other types of employee benefits. So what is the use-or-lose rule? And what does it mean for the upcoming plan year? We’ll answer those questions and more. What is a FSA?

Flexible Spending Account 52

Flexible Spending Account Flexible Spending Health Savings Account IT 52

WEX Inc.

AUGUST 7, 2023

Sunscreen can cost as much as $40 a bottle, but did you know you can actually use your health savings account (HSA) or medical flexible spending account (FSA) funds on many SPF-related expenses? Sunscreen There’s a good chance you’re planning on spending some time in the sun over the next few months. How’s your sunscreen stock?

Flexible Spending Account 98

Flexible Spending Account Health Savings Account Flexible Spending Medical 98

PeopleKeep

FEBRUARY 8, 2023

Many employers are familiar with account-based benefits like health savings accounts (HSAs), flexible spending accounts (FSAs), and health reimbursement arrangements (HRAs). But some may not be as familiar with lifestyle spending accounts (LSAs), which are a relatively new benefit type.

Flexible Spending Account 98

Flexible Spending Account Health Savings Account Flexible Spending Employment 98

WEX Inc.

AUGUST 29, 2023

Reasons can vary, which is why wide-ranging fertility benefits can also improve the lives of any adult wanting to start a family. And did you know that a variety of fertility and infertility treatments are eligible for health savings account (HSA) and medical flexible spending account (FSA) funds? What are fertility benefits?

Flexible Spending Account 98

Flexible Spending Account Health Savings Account Flexible Spending Medical 98

WEX Inc.

AUGUST 10, 2023

You might be surprised to learn that your health savings account (HSA) and medical flexible spending account (FSA) can help you save on purchases of a variety of back-to-school, expenses, including: Thermometers. Are you preparing to send your kids back to school soon?

Flexible Spending Account 98

Flexible Spending Account Health Savings Account Flexible Spending Medical 98

Employee Benefits

OCTOBER 19, 2023

.” Cummins also offers its employees a pension scheme, medical, dental and life Insurance, a profit share scheme, healthcare benefits, parental leave, adoption assistance, flexible-working arrangements, a flexible spending account and an employee share purchase scheme.

Flexible Spending Account 59

Flexible Spending Account Parental Leave Flexible Spending Life Insurance 59

WEX Inc.

SEPTEMBER 21, 2023

However, for participants of health savings accounts (HSAs) or medical flexible spending accounts (FSAs) , there are ways to alleviate the financial burden associated with vision-related costs. Visual health is a vital component of overall well-being, and unexpected eye-related expenses can put a strain on your finances.

Health 98

Health Flexible Spending Account Health Savings Account Flexible Spending 98

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. The new limits are set forth below.

Transportation 52

Transportation Flexible Spending Account Flexible Spending Health Savings Account 52

HR Lineup

MAY 9, 2023

Pazcare is dedicated to providing not only the best medical services to its clients but also to offering an exceptional employment package to its employees. One of the most significant employee benefits that Pazcare offers is health insurance. Another employee benefit that Pazcare offers is retirement savings plans.

401(k) 52

401(k) Flexible Spending Account Health Insurance PTO 52

AssuredPartners

MAY 12, 2020

The notice increases the limit for unused healthcare FSA carryover amounts from $500, to a maximum of $550, as adjusted annually for inflation.n"},{"attributes":{"bold":true},"insert":"Note:"},{"insert":" The Healthcare FSA per employee maximum for 2020 is $2,750.

Employee Benefits 40

Employee Benefits Flexible Spending Deductions Deductible 40

HR Lineup

MAY 10, 2024

Recognize and Reward Contributions: Implement employee recognition programs to acknowledge achievements and contributions, reinforcing a culture of appreciation and motivation. Offer Competitive Compensation: Benchmark salaries against industry standards and adjust compensation packages accordingly to attract and retain top talent.

Benefits Package 81

Benefits Package Flexible Spending Account Employee Retention Flexible Spending 81