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Tips for the Early Plan Year

Benefit Resource Inc.

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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Celebrating 20 Years of Health Savings Accounts

Benefit Resource Inc.

The Birth of HSAs HSAs were created with the vision of empowering individuals to take control of their healthcare expenses while providing tax advantages. This unique combination provides individuals with a powerful tool to manage their healthcare costs while minimizing their tax liability.

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FSA eligible expenses — what purchases count?

Business Management Daily

Flexible Spending Accounts allow employees to set aside pre-tax dollars from their paycheck to use for medical or dependent care expenses. While flexible spending accounts are typically associated with medical costs there are a couple of different types of FSAs. Types of FSA Plans. Healthcare FSA. This includes Lasik.

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Managing your kids & health during social distancing

Benefit Resource Inc.

Here are three ways to manage kids, health and finances in the middle of social distancing. Managing kids at home . With schools all over the country sending kids home, parents can use a Dependent Care Flexible Spending Account to help with child care needs. Managing health during social distancing.

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How HRAs Can Help Your Employees Pay for Medical Expenses

InterWest Insurance Services

Unlike HSAs and flexible spending accounts, though, HRAs are solely funded by employers. Depending on the type of HRA, funds may be used to reimburse: Health insurance premiums, Vision and dental insurance premiums, Coinsurance, copays and out-of-pocket medical outlays, and. Vision expenses. Qualified medical expenses.

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Importance of Employee Benefit Package And Why it Matters

HR Digest

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. Health care flexible spending accounts 3. Dental or vision insurance 4. Create a tentative benefits plan 5. Tuition reimbursement 4.

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Selerix

HR Lineup

With its comprehensive suite of software applications, Selerix helps businesses streamline and automate their employee benefits processes, making it easier and more efficient to manage benefits programs. One of the key offerings of Selerix is its flagship platform, BENEFITFOCUS.