COVID-19 Testing and Healthcare Benefits FAQs

…FSAs (also known as DCAP). There are several qualifying life events that will allow you to change your Dependent Care FSA elections: Change in employment status for you or your…

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Health Savings Account FAQs

Health Savings Account FAQs

…anyone can make a contribution on your behalf, including family members. Can you change HSA contributions mid-year? Yes. You may change the amount you deposit into your HSA account at…

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How Much Should I Contribute To My HSA?

…monthly basis without impacting these expenses?” Keep in mind that you can change your contribution amount at any time during the plan year. This allows you the flexibility to change

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FSA vs HRA vs HSA

FSA vs HRA vs HSA – What are the Differences?

…if his or her job status changes due to changing employers, job loss or retirement. Need to know! FSAs are notional accounts, so the employee must incur a qualified medical…

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Taxes and HSAs – What You Need To Know

…the correct amount. If you had a change in status last year (i.e., single to married or married to single), learn how a mid year change of status changes how…

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Health FSA and DCAP Carryover Rules Approved for 2021

…for plan years ending in 2021 without a corresponding qualifying life event (change to marital status; birth/adoption or death of a dependent; change in employment status; etc). Plan Amendments Required…

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HSA vs FSA – Breaking Down the Differences

…or when your employment status changes. Both offer valuable benefits, some of which overlap. But when comparing the benefit accounts, they differ from one another in several important ways. Comparing…

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