InterWest Insurance Services
DECEMBER 7, 2023
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).
WEX Inc.
SEPTEMBER 21, 2023
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. Let’s explore a few common vision-related questions as it relates to your HSA or medical FSA. Are you new to HSAs?
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HR Digest
MAY 21, 2023
Health care flexible spending accounts 3. Dental or vision insurance 4. Introducing the employee benefits package to the employees 6. Create a plan to review the employee benefits package routinely Business Owner and Manager together can design employer benefits package as it is key to attracting and retaining top talent.
WEX Inc.
AUGUST 2, 2023
A flexible spending account (FSA) allows participants to save money by setting aside pre-tax dollars to pay for eligible medical, dental , vision and dependent care expenses incurred by you, your spouse, or your eligible dependents. Limited medical FSA, which covers eligible dental, vision and preventative care expenses.
WEX Inc.
FEBRUARY 15, 2023
Did you recently elect to participate in a medical flexible spending account (FSA) ? What is a medical flexible spending account (FSA)? A medical FSA is a tax-advantaged employee benefit that gives participants the opportunity to save on out-of-pocket medical, dental, and vision eligible expenses.
Benefit Resource Inc.
APRIL 25, 2019
If you have an HSA but you want to let the balance build up, you can pair it with a Limited FSA to cover out of pocket vision and dental expenses. Let’s go over how it might look to use vision and dental insurance with a Limited FSA to cover out-of-pocket expenses. Insurance takes care of a lot vision and dental expenses.
Benefit Resource Inc.
MARCH 28, 2024
From flexible spending accounts (FSAs) to health savings accounts (HSAs) and commuter benefits, these options offer significant advantages if managed wisely. Know Your Pre-Tax Benefit Options Flexible spending accounts (FSAs): An FSA allows you to set aside pre-tax dollars for eligible healthcare expenses.
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