…effective supplement to 401(k) or other savings due to their “triple-tax advantage”: Funds withdrawn for qualified healthcare expenses remain tax-free, regardless of the owner’s age or employment status. Unused funds…
…has made outstanding use of its exclusive status and partnership in DataPath’s unique Client Rewards program. “Our Partner awards are a testament to our clients’ business acumen and their commitment…
…personal protective equipment. An HSA is owned by the participant (not by the employer), who may keep and use the funds for life, regardless of employment status. An account owner…
…ICHRA alongside a traditional group plan as long as both options aren’t offered to the same class of employees Some employees may be excluded, based on job status or geographic…
…FSA account. In this article, we’ll review the current status of FSA accounts. We’ll also talk about lowering the obstacles to successful FSA usage. Where FSAs Stand An estimated 32.6…
…is not a “one-size-fits-all” approach. An effective communications plan should have information and recommendations based on age, lifestyle and financial status. Remember to break down information into short, engaging bites that focus…
…Right Plan Evaluating your healthcare choices during open enrollment is essential. It starts with a thorough review of your financial status, healthcare requirements, and future objectives. If you anticipate high…
…life, regardless of employment status. The account holder can continue to use the available balance and, if enrolled in an HSA-eligible plan, keep making new contributions. Account holders may also…
As we progress through 2025, employers and employees are navigating what some industry experts are calling “The Great Benefits Reset.” Economic changes, shifting workforce expectations, and updates in healthcare policies…
…impose fiscal burdens on stakeholders. While the Trump Administration did not entirely eliminate the ACA, significant changes were made. The enrollment period for ACA healthcare marketplaces was shortened and all…