12 results for "SMB"

SMB

How to Keep HSAs Exempt from ERISA

As a business owner, you know there are rules to protect your employees. If you don’t follow these regulations, you may have to answer to your city, state, or the federal government. One federal law — the Employee Retirement Income Security Act of 1974 or ERISA for short — keeps an eye on your company’s...

SMB

Open Enrollment Tips for Small Businesses

As a small business owner, you’re probably your own Human Resources Department.  That means it’s up to you to decide the kind of health insurance you offer your employees, how much you’ll contribute toward their premiums or whether you offer health insurance at all.

SMB

How Your Section 125 Cafeteria Plan Interacts with Your HSA

Some of you might have heard of a “Cafeteria Plan.”  A smaller number may have even heard the term “Section 125.”  However, most HSA owners have never really needed to know these terms, much less the underlying mechanics governing the employer benefits programs it created.  Still, for a minority, including those serving in a company...

SMB

QSEHRA and HSA

If your goal is to maximize employee benefits and minimize cost, it might be worth getting to know the QSEHRA and HSA. We will break down their value as separate and conjoined HR benefits of the QSEHRA and HSA.

SMB

Section 125 Plan

Section 125 is part of the IRS Code that allows employees to convert a taxable cash benefit (i.e., salary) into non-taxable benefits. Under a Section 125 Cafeteria Plan you can elect to pay for qualified benefit premiums before any taxes are deducted from employee paychecks (e.g., premium only plan, FSA, HSA, etc).

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SMB Owners: Can I Contribute to an HSA?

Small business owners are always looking for ways to maximize benefits while minimizing cost for both themselves and their employees. A small business HSA is a perfect way to limit healthcare costs while ensuring you have the dedicated money you need to pay for medical costs. What you might not know is that your company legal structure, and ownership...