Flexible Spending Accounts / Benefits
What is the Difference Between an FSA and a LPFSA?
It can be easy to get FSAs and LPFSAs confused. Here you’ll learn how they are similar and different as well as which one is right for you.
Flexible Spending Accounts
The Tax Benefits of Flexible Spending Accounts for Businesses
Flexible spending accounts can help employers save money on payroll taxes, learn more.
Flexible Spending Accounts
Common FSA Pain Points and What You Can Do About Them
There are many pain points when it comes to Flexible Spending Accounts. Discover the pain points here and ways your company can overcome them.
Flexible Spending Accounts
Are Flexible Spending Account Deductions Pre-Tax?
The benefits to employers that offer health insurance and FSAs include: healthy, productive employees, complying with the Affordable Care Act (ACA) and the ability to deduct the amount both they and employees pay for premiums and contribute to their FSAs.
Flexible Spending Accounts
Debunking the Top 10 FSA Myths
If you’ve researched health plans recently, you know there are many tax-advantaged savings accounts that can help you pay for qualified expenses. In this post, we’re debunking the top 10 FSA myths to help you in your navigation efforts.
Flexible Spending Accounts
Reasons Why You Should Offer Your Employees a Flexible Spending Account
By offering your employees a Healthcare, Dependent Care, and/or Limited Purpose Flexible Spending Account (FSA), you can help them pay for the rising costs of life so they’re more likely to show up for work and be happier while they’re there. This can help save your business money in terms of less time lost to productivity and employee absences, as well as lowering wage-related costs for employees who participate. Offering an FSA is a win-win for employers and employees alike.
Benefits
2024 and 2025 HSA Maximum Contribution Limits
Lively · May 9, 2024 · 3 min read
On May 9, 2024 the Internal Revenue Service announced the HSA contribution limits for 2025. For 2025 HSA-eligible account holders are allowed to contribute: $4,300 for individual coverage and $8,500 for family coverage. If you are 55 years or older, you’re still eligible to contribute an extra $1,000 catch-up contribution.
Benefits
What is the Difference Between a Flexible Spending Account and a Health Savings Account?
Lauren Hargrave · February 9, 2024 · 12 min read
A Health Savings Account (HSA) and Healthcare Flexible Spending Account (FSA) provide up to 30% savings on out-of-pocket healthcare expenses. That’s good news. Except you can’t contribute to an HSA and Healthcare FSA at the same time. So what if your employer offers both benefits? How do you choose which account type is best for you? Let’s explore the advantages of each to help you decide which wins in HSA vs FSA.
Health Savings Accounts
Ways Health Savings Account Matching Benefits Employers
Lauren Hargrave · October 13, 2023 · 7 min read
Employers need employees to adopt and engage with their benefits and one way to encourage employees to adopt and contribute to (i.e. engage with) an HSA, is for employers to match employees’ contributions.
Benefits
2024 and 2025 HSA Maximum Contribution Limits
Lively · May 9, 2024 · 3 min read
On May 9, 2024 the Internal Revenue Service announced the HSA contribution limits for 2025. For 2025 HSA-eligible account holders are allowed to contribute: $4,300 for individual coverage and $8,500 for family coverage. If you are 55 years or older, you’re still eligible to contribute an extra $1,000 catch-up contribution.
Benefits
What is the Difference Between a Flexible Spending Account and a Health Savings Account?
Lauren Hargrave · February 9, 2024 · 12 min read
A Health Savings Account (HSA) and Healthcare Flexible Spending Account (FSA) provide up to 30% savings on out-of-pocket healthcare expenses. That’s good news. Except you can’t contribute to an HSA and Healthcare FSA at the same time. So what if your employer offers both benefits? How do you choose which account type is best for you? Let’s explore the advantages of each to help you decide which wins in HSA vs FSA.
Health Savings Accounts
Ways Health Savings Account Matching Benefits Employers
Lauren Hargrave · October 13, 2023 · 7 min read
Employers need employees to adopt and engage with their benefits and one way to encourage employees to adopt and contribute to (i.e. engage with) an HSA, is for employers to match employees’ contributions.
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