12 results for "SMB"
Can business owners participate in an HSA, FSA, or HRA?
Before diving into thespecific rules, it’s helpful to understand three of the most popular plans —HSAs, FSAs, and HRAs — and what makes them different.
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…
Open Enrollment Tips for Small Businesses
By: Lauren Hargrave
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.
How Your Section 125 Cafeteria Plan Interacts with Your HSA
By: Aaron Benway
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…
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.
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).