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Top 10 Employee Benefits Certifications for Professionals in 2024

HR Lineup

Certified Health Savings Adviser (CHSA®) The Certified Health Savings Adviser (CHSA®) is a specialized credential that focuses on Health Savings Accounts (HSAs), Flexible Spending Accounts (FSAs), and other consumer-driven healthcare options. It’s perfect for those who manage employee health savings programs.

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Flexible Spending Account Contribution Limit Climbs

InterWest Insurance Services

The IRS recently announced that the annual contribution limit for flexible spending accounts will rise to $3,200 in 2024, up $150 from this year. Also, employees will be able to carry over up to $640 next year into 2025 if they have funds left over in their account, if their employer allows it (it’s optional).

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HSA vs. FSA: See how you’ll save with each

WEX Inc.

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.

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Support your employees’ fertility benefit needs with an HSA or FSA

WEX Inc.

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? Reasons can vary, which is why wide-ranging fertility benefits can also improve the lives of any adult wanting to start a family.

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Vision expenses piling up? Use your HSA or FSA

WEX Inc.

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.

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4 considerations when choosing employee benefits for the first time

WEX Inc.

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. Funds you or your employer contribute to your HSA can help with this. Watch the video to hear more from our own Jason Cook about the retirement-planning potential of an HSA.

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What happens to employee benefits plans when you elect COBRA?

WEX Inc.

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 ability to spend down funds depends on a number of factors, and those factors can be specific to your employers FSA. Your HSA funds can be used to pay for COBRA premiums.