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FSA eligible expenses — what purchases count?

Business Management Daily

Open enrollment is underway for many companies right now and one benefits offering that may be on the menu this year is an FSA. Flexible Spending Accounts allow employees to set aside pre-tax dollars from their paycheck to use for medical or dependent care expenses. Types of FSA Plans. Healthcare FSA.

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HR Professionals… What’s Your Problem?

Benefit Resource Inc.

An additional tool can be pairing an HSA-HDHP with a Limited Flexible Spending Account (or Limited FSA). Employees can use two tax-advantaged accounts to cover many primary eligible expenses. In the end, employees walk away with lower premiums and two pre-tax accounts to keep even more money in their pockets.

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Executive benefit reimbursement plans

Higginbotham

In the simplest terms, a medical expense reimbursement plan refunds employees for covered medical costs. This may be a good option for employers that want to simplify their health plan administration while giving employees flexibility. Make sure employees know about the plan and remind them to use their benefits.

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From deductibles to wellness: Why benefits options matter

WEX Inc.

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. Ideally, more vision options.”

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GoCo

HR Lineup

The platform streamlines HR processes and benefits administration by offering a single, centralized platform for employees to access and manage their benefits, from health insurance and retirement plans to time-off tracking and more. One of the key benefits of GoCo is its ease of use.