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Increase Your Financial Well-Being Through Medical Savings

Benefit Resource Inc.

One such way is by utilizing health savings accounts (HSAs) and flexible spending accounts (FSAs). Health Savings Accounts allow employees (and employers) to contribute to a tax-free account to be used for eligible medical expenses. HSAs and FSAs also offer flexibility in how you use your funds.

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How Section 125 cafeteria plans work

PeopleKeep

Many working Americans have access to a Section 125 Cafeteria Plan at some point during their working career, yet many do not take full advantage of them. When utilized correctly, a cafeteria plan can increase take-home-pay without any change in expenditures.

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9 Nontaxable Employee Benefits for Maximizing Your Income and Workplace Satisfaction

Empuls

They can range from health insurance coverage to retirement plans, flexible spending accounts, transportation benefits, education assistance, and more. By reducing the taxable portion of their income, employees can effectively increase their take-home pay. Enhanced employee satisfaction and well-being.