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Utilizing Eligible Items for Back-to-School Shopping

Benefit Resource Inc.

Amidst the excitement, many may not know that their Flexible Spending Account (FSA) can be a valuable resource for purchasing back-to-school items. Prioritize Health: Utilize FSA funds responsibly to maximize their benefit.

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Celebrate National Parents Day by Utilizing Your Dependent Care FSA

Benefit Resource Inc.

Thankfully, many companies offer a Dependent Care Flexible Spending Account (DC FSA) to make life a little easier for parents. As an employee and a parent, you can utilize your dependent care FSA to make the most out of this special day. What is Dependent Care FSA and How Does it Work?

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Utilizing Pre-Tax Benefits to Prioritize Health in 2023

Benefit Resource Inc.

With a Flexible Spending Account (FSA), you can set aside up to $3,050 in pre-tax dollars per calendar year to pay for eligible medical expenses like doctor visits, hospitalizations, and prescription medications. The post Utilizing Pre-Tax Benefits to Prioritize Health in 2023 appeared first on BRI | Benefit Resource.

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Mid-Year Financial Tweaks and Tasks

Money Talk

Health Savings Account (HSA) Tweak - By mid-year, you know what you already spent for health care services through June. Flexible Spending Account (FSA) Tweak - Like HSAs, you know your health care spending so far. Use this information to adjust payroll deductions for a health care FSA (up or down).

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Are You Using Your Dependent Care Account the Right Way?

Benefit Resource Inc.

What is a Dependent Care Flexible Spending Account (DCFSA)? First things first, let’s clarify what a dependent care flexible spending account actually is. Utilize Direct Payment: Some DCFSA plans offer the option of direct payment to your dependent care provider.

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Tips and Resources for Every New Plan Participant

Benefit Resource Inc.

Benefits Card: If you have a debit card associated with your account, you can swipe it at the point of sale for instant access to funds for eligible items or services. Likewise, if you are paying an invoice, you can enter the card number to utilize funds directly from your account. Make the most of your pre-tax benefit accounts!

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Navigating Inflation and the Strategic Role of Employee Benefits

Benefit Resource Inc.

The Role of Employee Benefits Employee benefits, such as Health Savings Accounts (HSAs), Flexible Spending Accounts (FSAs), Commuter Plans, and Specialty Accounts emerge as valuable tools in the toolbox of employers seeking to support their workforce during times of inflation.