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New COVID relief package extends payroll provisions

Business Management Daily

Relief for health savings accounts and dependent care assistance plans. The leave and the tax credits are extended, not reset, for 2021. So if employees have maxed out on their leave in 2020, they aren’t eligible for more paid leave after Dec. Extensions of popular payroll tax provisions.

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Navigating employee benefits: A comprehensive guide for growing businesses

Insperity

Flexible spending accounts (FSAs) and health savings accounts (HSAs) HSAs and FSAs can help employees better prepare for medical expenses and, in the case of HSAs, even help employees enhance their retirement savings. Having such a program may set your company apart in the job market.