What Are Commuter Benefits?
- 4 min read
Even if commuter benefits aren’t required where your business is located, giving your employees more ways to save could help your company retain workers and stand out to potential employees.
Moving Countries? Here is What Happens to Your Health Savings Account
- 6 min read
In order to qualify to contribute to your HSA you must also be enrolled in an HDHP, which likely won’t be possible abroad, since every country has its own healthcare, insurance and retirement system. But you can still manage your account and investments while abroad and you might even be able to use your money to pay for medical care. We explain the scenarios in which you could potentially use your HSA in another country.
2022 and 2023 HSA Contribution Limits
- 2 min read
On April 29, 2022 the Internal Revenue Service announced the HSA contribution limits for 2023. For 2023 HSA-eligible account holders are allowed to contribute: $3,850 for individual coverage and $7,750 for family coverage. If you are 55 years or older, you’re still eligible to contribute an extra $1,000 catch-up contribution.
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ESSENTIAL KNOWLEDGE
What Happens to your Flexible Spending Account When You Lose or Quit Your Job?
- 4 min read
While FSAs operate on a “use it or lose it” policy in most cases, there are ways you can maintain your benefits while you’re looking for work or even when you start at a new company.
Everything You Need to Know About Premium-Only Plans (POPs)
- 4 min read
Premium-Only Plans (POPs) are benefits plans that allow employees to allocate a part of their pre-tax salary to pay for insurance premiums. POPs are part of a group of IRS-defined benefits known as Section 125 cafeteria plans which provide a vehicle for employees to choose whether they want to receive their compensation in the form of cash or benefits.
These are the Banking Terms You Need to Know
- 4 min read
Knowing basic banking terms can empower you to be a more informed choice when choosing a bank or opening a new account, and take initiative with your money to make sure it’s supporting your life.
Disclaimer: the content presented in this article are for informational purposes only, and is not, and must not be considered tax, investment, legal, accounting or financial planning advice, nor a recommendation as to a specific course of action. Investors should consult all available information, including fund prospectuses, and consult with appropriate tax, investment, accounting, legal, and accounting professionals, as appropriate, before making any investment or utilizing any financial planning strategy.