During open enrollment, employers often offer fringe benefits like FSAs and HSAs, which can help employees save significantly on qualified medical...
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During open enrollment, employers often offer fringe benefits like FSAs and HSAs, which can help employees save significantly on qualified medical...
Continue ReadingHSAs and FSAs are similar, yet different types of health plans. They are both intended to offer people a tax-advantaged means of paying for health...
Continue ReadingFlexible spending accounts (FSAs), also called flexible savings arrangements, are funds which allow employees to store money tax-free for the...
Continue ReadingFlexible spending accounts (FSAs), are funds which allow employees to store money tax-free for the purposes of medical or healthcare expenses. Unlike
Continue ReadingWith open enrollment likely around the corner for many countless organizations—and ongoing onboarding operations throughout the year—HR...
Continue ReadingWhile summer inspires thoughts of out-of-the-office messages and PTO, employees should also be thinking about their HSA and FSA funds. There are a...
Continue ReadingThe American Rescue Plan Act of 2021 introduced multiple provisions to provide assistance to organizations and individuals who have been impacted by...
Continue ReadingMost employees have a firm understanding of medical expenses they can use their HSA and FSA funds on, from copayments to prescriptions. However,...
Continue ReadingThe 2021 Consolidated Appropriations Act (CAA) introduced new optional FSA provisions that grant employees improved account flexibility in the...
Continue ReadingEach year, the IRS reviews contribution limits for numerous tax provisions and healthcare savings accounts. In 2021, some contribution limits were...
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