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. It is not legal, financial, or tax advice.

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Deductions Deductible Flexible Spending Account Health Savings Account 75

Business Management Daily

NOVEMBER 15, 2021

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. Wherever you fall, we have answers for you.

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HR Lineup

FEBRUARY 9, 2023

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.

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Flexible Spending Account Comprehensive Benefits Retirement Plan Flexible Spending 52

Business Management Daily

SEPTEMBER 9, 2021

Almost all health plans offer add-on accounts — health flexible spending accounts, health savings accounts, or health reimbursement accounts. You need to know how these accounts differ so you can communicate about them to employees. Health flexible spending accounts.

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HR Digest

APRIL 2, 2024

If you’re unfamiliar with the concept of a lifestyle spending account you’re not alone in your confusion. Employees can then expand those funds on a selected category and reap the benefits of working at a generous organization. Image: Pexels What Is a Lifestyle Spending Account?

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Stratus.HR

OCTOBER 18, 2022

Forecast what they will pay throughout the year with employees coming and going . With finalized SPDs, it is time to prepare benefit guides for employees. Creating a full wrap document to comply with ERISA (Employee Retirement Income Security Act): 1 hour if digital . Administering a Flexible Spending Account (i.e.,

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Benefit Resource Inc.

JUNE 1, 2023

Of those, more than seven in ten employers (71 percent) also offer a health savings account with employer funding. 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.

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Flexible Spending Account Healthcare Health Savings Account Deductions 52