Category Archives for Blog
What is a Summary Plan Description?
If you receive healthcare benefits from your employer, you should have access to a Summary Plan Description (SPD). In a nutshell, the SPD provides important details about your company’s benefits
Continue readingTax Deadline Tip: HSA Contributions for the Previous Year
If you have a Health Savings Account (HSA), here’s some interesting news: you can make HSA contributions for the previous year before the tax deadline! Does that sound too good to be true? As outlined
Continue readingGet Your Zzzz’s: Sleep, Wellness and Your Benefits Accounts
Is this the stuff of nightmares? 25 percent of adults in the U.S. report poor sleep health. While it may not seem scary on the surface, a lack of good sleep can be detrimental to your overall health and
Continue readingHeart health: Heart disease risk factors and ways you can get healthier
February is American Heart Month, which is pretty convenient with Valentine’s Day falling right in the middle. With that in mind, I have researched some facts about heart disease, risk factors, and
Continue readingChanging Health Insurance Coverage and Your HSA
Health Savings Accounts offer a slew of excellent benefits for account owners. In addition to the triple tax savings of tax-free contributions, tax-free withdrawals for eligible expenses, and tax-free
Continue readingFSA Deadlines You Need to Know
If you used a Flexible Spending Account (FSA) last year, there are some FSA deadlines you need to know about. While the end of the plan year has passed for most people, you may still have the option to
Continue reading7 Ways to Spend Use-It-or-Lose-It FSA Dollars
There are just a couple of weeks left before the year ends! If you still have money in your Flexible Spending Account (FSA), now is a good time to put the remaining balance to work for you so you don’t
Continue readingHSA and FSA Contribution Limits for 2019
Attention – there is good news for employer-sponsored benefit accounts in 2019! The IRS has raised the annual contribution limits for Health Savings Accounts, Flexible Spending Accounts, and Commuter
Continue readingFSA vs HRA vs HSA: A Comparison with Chart
For employer-sponsored healthcare benefit accounts, there are Flexible Spending Accounts (FSAs), Health Reimbursement Arrangements (HRAs), and Health Savings Accounts (HSAs). On first glance, the three
Continue readingHSA Owners: Let’s talk about the Limited Purpose FSA!
A limited purpose FSA (LPFSA) is a tax-advantaged benefit account available only to those with an HSA. You may use the LPFSA to pay for qualified vision and dental expenses. Contributions and Rollover LPFSAs
Continue readingOverview on COBRA Coverage
Let’s Talk about COBRA! COBRA coverage allows employees to keep their healthcare coverage under their employer’s group plan after they experience a qualifying event that would result in loss of
Continue readingTax-Free Talk, Enrollment Season Podcast, Ep. 3
Tax-Free Talk is a special benefits enrollment season podcast featuring host, Kathy Claimant. In this third installment of Tax-Free Talk, an enrollment season podcast, benefits superhero Captain Contributor
Continue readingOverview on Health Reimbursement Arrangements
Your employer offers a Health Reimbursement Arrangement (HRA), and you need to know what that means for you. An HRA is an employer-sponsored benefit plan funded solely by the employer that allows employees
Continue readingTax-Free Talk, Enrollment Season Podcast, Ep. 2
Tax-Free Talk is a special benefits enrollment season podcast featuring host, Kathy Claimant. In this second edition of the Tax-Free Talk enrollment season podcast, Kathy Claimant follows benefits superhero
Continue readingTransit/Commuter Account Overview
If you travel to and from work, you could be saving on those travel-related expenses with a Commuter (aka Transit) plan. A Transit/Commuter plan is an employer-sponsored fringe benefit where employees
Continue readingTax-Free Talk, Enrollment Season Podcast, Ep. 1
Tax-Free Talk is a special benefits enrollment season podcast featuring host, Kathy Claimant. In this funny, informative and engaging serial, Kathy Claimant hosts benefits superhero Captain Contributor.
Continue readingDo You Have a Benefits Debit Card? Check Out These Advantages
Do you have a Flexible Spending Account (FSA), Health Savings Account (HSA), Transit/Commuter account, or other employer-sponsored benefit accounts? If you’re enrolled in one of these accounts (or other
Continue readingNew Video: HSAs and the Menacing Meteor
Just released for the 2018 enrollment season, Captain Contributor and Betty the Benefactress are back again in a new video about Health Savings Accounts (HSAs)! In this exciting new adventure – HSAs
Continue readingOverview on Health Savings Accounts
So you want to know more about Health Savings Accounts (HSAs)? An HSA is a tax-advantaged benefit account for people enrolled in a high-deductible health plan (HDHP). Account owners make pre-tax contributions
Continue readingWhat is a Dependent Care Assistance Plan (DCAP) ?
Do you have young children? An adult dependent who needs your help? Then a Dependent Care Assistance Plan (DCAP) might be just what you need! A DCAP plan is an employer-sponsored benefit that helps employees
Continue readingShould I sign up for a Flexible Spending Account?
For many working Americans, open enrollment season is coming up soon. The open enrollment period is when you have the opportunity to evaluate and sign up for insurance and other benefits, through your
Continue readingOverview on Flexible Spending Accounts
Let’s Talk about Flexible Spending Accounts (FSAs)! An FSA is an employer-sponsored benefit account that enables employees to set aside funds from each paycheck, before taxes, to help pay for out-of-pocket
Continue readingPreparing for Enrollment Season – 5 Tips for Employees
For millions of people across the country, enrollment season is right around the corner. Each Fall, companies set aside a period of two to three weeks that allows employees to pick and choose which benefits
Continue readingHeading Back to School with your Healthcare Benefits Account
For many kids across the country, school is getting ready to start up again (if it already hasn’t). In addition to pens, pencils, binders, new clothes and new shoes, there are some healthcare needs that
Continue readingNew Video: Captain Contributor and the FSA Pastry Problem
Just released for 2018, Captain Contributor and Betty the Benefactress are back again in a new video about Flexible Spending Accounts (FSAs)! In this exciting new adventure, the city is under siege and
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