Benefit Resource Inc.

JANUARY 16, 2020

It also includes platforms affecting how information is presented to brokers. So, how will this affect tax advantaged accounts like Flexible Spending Accounts and Health Reimbursement Accounts? In the coming years, it is likely that these accounts will incorporate wellness benefits.

Health Savings Account 73

Health Savings Account Flexible Spending Account Flexible Spending Taxes 73

PeopleStrategy

NOVEMBER 1, 2023

Are there new offerings the company is presenting that haven’t been offered before—or even better are in response to employee demand? If applicable, provide information on Flexible Spending Accounts (FSAs) and Health Savings Accounts (HSAs) and how employees can contribute. What has changed from last year?

Flexible Spending Account 52

Flexible Spending Account Health Savings Account Utilities Flexible Spending 52

The Olson Group

DECEMBER 9, 2021

W-2 Prep Make sure employee’s (past and present) addresses and social security numbers are correct. As 2021 comes to an end, here are some year-end tips and compliance guidance to ensure you are ready to kick off 2022 on the right track! Check out the 7 tips and download your very own checklist below!

Family and Medical Leave Act 52

Family and Medical Leave Act Flexible Spending Account Flexible Spending Health Insurance 52

Business Management Daily

SEPTEMBER 11, 2023

Providing benefit enrollment information and forms Again, break this down further by type, such as: Medical Dental Vision Retirement Life insurance Flexible Spending Account (FSA) Giving links to videos or tutorials on company history and mission. Securing uniforms, badges, tech equipment, and other necessary supplies.

Flexible Spending Account 52

Flexible Spending Account Construction Education Flexible Spending 52

Griffin Benefits

OCTOBER 1, 2022

Additionally, account-based plans, like health reimbursement arrangements (HRAs) and health care flexible spending accounts (FSAs), are not required to report. Contracting should be fairly straightforward and likely does not present a special challenge apart from the need to explicitly contract with the carrier.

Insurance Carriers 65

Insurance Carriers Employment Flexible Spending Account Insurance 65

Achievers

MARCH 12, 2019

If that’s not feasible, you may be able to join the 58 percent of smaller firms (and 83 percent of larger ones) who offer a dependent care flexible spending account. A few companies such as Patagonia find it cost-effective to provide on-site childcare for employees. Make Sure Employees Take All Their Paid Leave.

Flexible Spending Account 125

Flexible Spending Account PTO Flexible Spending Paid Leave 125

Stratus.HR

OCTOBER 18, 2022

Preparing materials and presentation for open enrollment meeting: 1-5 hours . Administering a Flexible Spending Account (i.e., Flexible Spending Plans (FSAs) are a valuable benefit option that reduce employee tax burdens for out-of-pocket healthcare expenses. Conducting open enrollment meeting: 1 hour .

Flexible Spending 52

Flexible Spending Flexible Spending Account Health Savings Account Healthcare 52

Benefit Resource Inc.

JULY 9, 2019

However, quitting smoking can present a set of challenges that often result in an extended journey to overcome the addiction. They are also eligible expenses that can be paid for with a pre-tax account like a Health Savings Account (HSA) or Flexible Spending Account (FSA). Finding out what’s eligible.

Flexible Spending Account 40

Flexible Spending Account Health Savings Account Flexible Spending Medical 40

Benefit Resource Inc.

OCTOBER 16, 2018

As kids, there were fun games that helped us make choices… In benefits, we are often presented with a 50 page document and told “Here you go. ” Too bad making your pre-tax benefit account decisions is not as easy as pointing and saying “Eenie meenie miney mo – Which account should I choose? Medical FSA.

Health Savings Account 55

Health Savings Account Flexible Spending Account Flexible Spending Medical 55

Insperity

AUGUST 25, 2020

This can look like: Using well-known carriers for the health insurance options you sponsor Contributing to a health savings account or flexible spending account for employees Offering an employee assistance program (EAP) Matching a percentage of employee retirement plan contributions.

Employment 94

Employment PTO Flexible Spending Account Health Savings Account 94

Benefit Resource Inc.

NOVEMBER 12, 2019

requiring employers in California to notify employees who participate in a Flexible Spending Account (FSA) of any deadline to withdraw funds, where the deadline is prior to the end of the plan year. Enrollment presentations and materials. High Level Summary. New legislation in California has passed under Section 2810.7,

Flexible Spending Account 40

Flexible Spending Account Flexible Spending Electronics Employment 40

Benefit Resource Inc.

JUNE 29, 2021

Now that you’ve explained (again) how insurance works, you get to begin the real work of teaching employees the difference between Flexible Spending Accounts (FSAs) and Health Savings Accounts (HSAs). If you are presented with information that doesn’t have an existing bucket, it will take longer to store.

401(k) 78

401(k) Deductions Deductible Flexible Spending Account 78

Achievers

MARCH 12, 2019

If that’s not feasible, you may be able to join the 58 percent of smaller firms (and 83 percent of larger ones) who offer a dependent care flexible spending account. A few companies such as Patagonia find it cost-effective to provide on-site childcare for employees. Make Sure Employees Take All Their Paid Leave.

Flexible Spending Account 107

Flexible Spending Account PTO Flexible Spending Paid Leave 107

Benefit Resource Inc.

OCTOBER 1, 2020

As BRI looked to strengthen its geographic presence in the Midwest, 121 Benefits present ed a unique fit with its a strong commitment to its clients through personalized and dedicated service , similar to BRI ’s approach.

Flexible Spending Account 45

Flexible Spending Account Health Savings Account Flexible Spending Transportation 45

Vantage Circle

NOVEMBER 23, 2023

Modern digital tools and collaborative platforms, such as Slack, Microsoft Teams, and Airtable, have streamlined the implementation of these flexible options for numerous organizations. Dell , a prominent computer company, fully embraced technology when it initiated its flexible work culture in 2009. How to Offer? How to offer?

Family and Medical Leave Act 64

Family and Medical Leave Act 401(k) Retirement Plan roth 401(k) 64

Business Management Daily

SEPTEMBER 15, 2021

Presenting a good employee benefits package often gives one employer an edge over another, especially in cases where basic salaries are relatively equal. Employers also may want to explore benefit plan additions such as: Flexible Spending Accounts. Flexible employee schedules/work-from-home options.

Benefits Package 52

Benefits Package Family and Medical Leave Act Health Insurance PTO 52

Best Money Moves

JULY 8, 2020

HR trends forecast the most desired employee benefits for 2021 like financial wellness programs and flexible work arrangements. The coronavirus pandemic has presented significant challenges for employers and highlighted the unprecedented levels of stress employees face in their everyday lives. But what can employers do to help?

Employee Benefits 111

Employee Benefits Out of Pocket Cost Flexible Spending Account Health Insurance 111

Benefit Resource Inc.

AUGUST 8, 2019

In this case, COBRA can be the path of least resistance and presents an easy gap coverage option. In this scenario, you may want to spend the extra time to research alternative coverage options through an exchange or directly through an insurance carrier. COBRA coverage is available for more than just medical insurance.

Insurance Carriers 51

Insurance Carriers Flexible Spending Account Medical Flexible Spending 51

AssuredPartners

JULY 21, 2021

The rule clarifies that the No Surprises Act does not apply to retiree-only plans, excepted benefits, short-term limited-duration plans, Health Reimbursement Accounts (HRAs), flexible spending accounts (FSAs), or health savings accounts (HSAs). The definition includes both mental health and substance use disorders.

Health Insurance 45

Health Insurance Hospitality Flexible Spending Account Medical 45

Benefit Resource Inc.

NOVEMBER 27, 2018

It is imperative to present a comprehensive health care picture where pre-tax benefits come alongside existing insurance plans as another savings tool. For employees, one of the largest stressors is choosing the appropriate amount to elect for Flexible Spending Accounts. Get employees started with Why Should I Enroll?

Flexible Spending Account 40

Flexible Spending Account Flexible Spending Electronics Taxes 40

Benefit Resource Inc.

OCTOBER 23, 2018

You are presented with three statements- two are true and one is a lie. Those Flexible Spending Accounts are pesky (we say that affectionately as an administrator) because they require you to have a life event before making any changes to your election. If you took the BRight Ideas quiz from Benefit Resource, Inc.

Taxes 45

Taxes Flexible Spending Account Flexible Spending Deductions 45

Benefit Resource Inc.

OCTOBER 18, 2018

If you have a Flexible Spending Account (FSA), you know that every year during Open Enrollment (OE), you choose how much to put aside in the account, otherwise known as your election. ” Applying this approach to your FSA election, your FSA should achieve a dual outcome.

Deductions 74

Deductions Deductible Health Flexible Spending Account 74

Business Management Daily

JANUARY 5, 2021

Cafeteria plans with plan years ending in 2020 or 2021 may allow employees who have health flexible spending accounts or dependent care assistance plan accounts to rollover unused amounts into the next plan year. Until the IRS says otherwise, these two rules still apply. FSA/DCAP deferrals. Through Dec.

Family and Medical Leave Act 52

Family and Medical Leave Act Payroll 401(k) Taxes 52

Benefit Resource Inc.

DECEMBER 20, 2018

The nation takes a cup of cheer and stocks up on presents, laughs and joy for the coming year. One of the most common employer-provided benefits is a Flexible Spending Account (FSA). If you have an FSA, you know it’s a use-or-lose account and the “lose” time frame is approaching. (If

Out of Pocket Cost 40

Out of Pocket Cost Flexible Spending Account Flexible Spending Healthcare 40

AssuredPartners

MARCH 12, 2021

Dependent Care FSAs Another way ARPA is designed to benefit workers is through a temporary increase (only for 2021), in the maximum amount that can be contributed to a Dependent Care Reimbursement Account (DCRA-also known as a Dependent Care Assistance Plan (DCAP) or a Dependent Care Flexible Spending Account (DCFSA)).

Health and Welfare 40

Health and Welfare Flexible Spending Account Taxes Payroll 40

Empuls

OCTOBER 11, 2023

‍Here are a few things Health and Wellness stipends are not part of: Health Savings Account (HSA) Flexible Spending Accounts (FSA) Health Insurance Stipend Stipends with Reimbursement Options Now that we’ve made it clear, let’s move on to how an organization can offer Health and Wellness stipends to its employees.

Healthcare 40

Healthcare Medical Consulting Flexible Spending Account 40

Genesis HR Solutions

MAY 23, 2023

Hiring Trends In 2023 Below, I present hiring trends across various categories to help you formulate a comprehensive approach that works best for you. This free checklist helps you learn industry best practices for integrating new employees to your organization in their first days on the job. Pay Offering higher pay.

Insurance 40

Insurance PTO Flexible Spending Human Resources 40

Corporate Synergies

SEPTEMBER 10, 2018

Costs for medical and pharmacy benefits continue to rise, which means there are adjusted employee contributions to present to an audience who’s unlikely to understand the reasoning behind cost increases. Open enrollment season is a challenge, no matter how well the HR department prepares. Keep New Benefit Options Simple.

Health and Welfare 40

Health and Welfare Voluntary Benefits Flexible Spending Account Health Savings Account 40

Benefits Notes

MARCH 31, 2021

Health care flexible spending accounts are not subject to the ARPA provisions. The effect of these changes is that plans will be able to calculate the present value of benefits using a higher interest rate, and thereby improving its funding status. Amount and Length of Subsidy. Multiemployer Plan Provisions.

Family and Medical Leave Act 40

Family and Medical Leave Act Employee Benefits Taxes Pension 40

Empuls

JANUARY 30, 2023

Briefly mention attractive benefits, like: Flexible spending accounts Educational assistance Insurance coverage 401(k) plan Paid time off Flexible work hours Work-from-home options Ensure that the candidate understands the benefits to simplify the onboarding process for them.

Recruitment 52

Recruitment Banking Salary 401(k) 52