Many organizations are abuzz with excitement over the recent Consolidated Appropriations Act, 2021 (the “Act”), which provides temporary new relief for flexible spending accounts (FSAs). With the legislation, organizations can...
Read MoreShould you adopt the new FSA relief? Here are 5 questions to consider
HSA, HSA contributions, FSA questions, FSA, FSA contribution limit
After much anticipation, Congress finally passed an appropriations bill that includes additional COVID relief. Most headlines are talking about the stimulus direct payment checks. But several other provisions impact dependent...
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December is birthday month for the health savings account (HSA)!
Seventeen years ago, on December 8, 2003, the Medicare Prescription Drug, Improvement, and Modernization Act was signed into law. This legislation replaced the...
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The COVID-19 pandemic has been challenging for everyone, but it’s been especially difficult for working families, according to a new national omnibus survey from HealthEquity.
Conducted in the fall of 2020, the survey asked...
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The 2021 open enrollment season has brought a unique set of challenges.
The COVID-19 pandemic has caused a national health crisis, triggered a global economic downturn and created an environment in which thousands of benefits...
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Economic pressures from COVID-19 have made managing benefits costs a greater challenge than ever before. Fortunately, there's a lot employers can do to help their organizations build resistance to cost increases.
In this post:
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Robust health savings are more important than ever, but most employees aren’t meeting basic benchmarks. Employers can – and should consider – playing a role in correcting this.
In this post:
- Americans have less than $3,000...
The following is general information provided to assist employers and plan sponsors with their potential COBRA obligations. This is not legal, tax or financial advice. As always, we strongly encourage employers and plan...
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Employers offering section 125 cafeteria plans have the option of extending new relief to plan participants following recent guidance from the IRS and the Department of the Treasury.
The guidance, released May 12, 2020, was...
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Memorial Day weekend just kicked off the unofficial start of summer, and we’re thrilled to start spending more time outside.
More sun exposure means a greater health risk for the skin, however. For this year’s National...
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