Category Archives for Blog

Stay Healthy in the Winter

Pandemic numbers are going down, but experts are afraid of a possible winter surge. Now more than ever, it’s important for everyone to work on staying healthy through the winter. From sleep to exercise

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Tips to Help Employees to Have a Great Enrollment Experience

Each Fall, typically between mid-October and mid-December, companies set aside a period of two to three weeks to allow employees to pick and choose which benefits they want for the upcoming year.

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Eye Care During a Pandemic

Eye care during a pandemic may not seem like a top priority. Taking care of our eyes is always important, both for how we see the world and how the world sees us. But, the COVID-19 pandemic has caused

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Is COBRA Eligibility the Same for Furloughs vs. Layoffs?

Many people who face layoff or furlough wonder if they are eligible for COBRA benefits. It can be scary to go from having group health coverage through work, to having to shop for new coverage. To help,

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9 FSA Eligible Expenses That May Surprise You

With a healthcare FSA, your pre-tax money covers a wide range of common medical expenses. These include doctor visits, surgery and other medical procedures, prescription and over-the-counter medicines,

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Time For Summer Camp! How You Can Maximize Your DCAP Benefits

When the final bell rings at the end of the school year, parents shift to summer camp mode. Time for sunscreen, bug spray, flip flops, swim trunks, and all of those happy, fun things we associate

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ARPA COBRA Premium Subsidy: Am I Eligible?

With the passage of the American Rescue Plan Act (ARPA) in March 2021, Congress approved a limited time COBRA premium subsidy for certain individuals. Here are a list of questions you may have about

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IRS Reveals 2022 HSA Contribution Limits

The Internal Revenue Service (IRS) published the approved contribution limits for Health Savings Accounts (HSAs) in 2022. In the notice, the IRS also revealed high deductible health plan minimum deductibles

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Qualified Healthcare Expenses for FSAs and HSAs

When you participate in a healthcare benefits account, such as a Flexible Spending Account (FSA) or Health Savings Account (HSA), you set aside money to help cover out-of-pocket healthcare expenses.

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COVID-19 PPE Eligible For FSA, HRA, HSA

In March 2021, the IRS released Announcement 2021-7, which qualifies PPE bought for the primary purpose of fighting COVID-19 as eligible medical expenses under section 213(d) of the Internal Revenue

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Tax Deadline Tip: HSA Contributions for the Previous Year

If you own a Health Savings Account (HSA), here’s some good news: you can make HSA contributions for the previous year before the tax deadline! Sound too good to be true? Well, according to IRS

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Just Eat It – Nutrition Needs as an Eligible Expense

Did you know you can use your Flexible Spending Account (FSA) or Health Savings Account (HSA) for nutrition eligible expenses? One thing to remember is that eligible medical expenses are strictly

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HSA Funding – Do You Know About This Trick?

Health Savings Accounts (HSAs) are very popular among people with high deductible health plans (HDHPs). With this tax-advantaged benefit, a person can use their HSA to cover a large variety of out-of-pocket

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FSA Spending Tip: Spend Big in 2021

If you put off taking care of some expensive healthcare needs in 2020, this year could be the year to get them done. Why? Because if your employer’s plan has full Flexible Spending Account (FSA)

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Why You Should Keep Your Healthcare Receipts

When you see your physician, visit the pharmacy, or make another healthcare-related purchase, you may wonder “Why should I keep my healthcare receipts?” Whether the expense was for yourself or

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Health and Dependent Care FSAs: Carryover and Other Temporary Rules for 2021

If you had a health or dependent care FSA in 2020, there is some good news. Just prior to the new year, the Consolidated Appropriations Act, 2021 (often referred to as the second COVID stimulus bill)

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HSA Claim Time Limit: Fact or Fiction?

Having a Health Savings Account (HSA) comes with many perks. There are tax-free contributions, withdrawals, and growth. There are flexible spending options for many qualified healthcare expenses.

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Use-It-or-Lose-It FSA Dollars: Time is Running Out

We have just 4 short weeks to go before the end of 2021 – which could be a blessing. Before you ring in the new year, you may need to go on a healthcare shopping spree. There are a lot of people

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Changing Health Insurance Coverage and Your HSA

Health Savings Account (HSA) owners can truly appreciate the abundance of perks of having this healthcare account. First, there is the triple tax savings of tax-free contributions, tax-free withdrawals

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2021 FSA Contribution Limits, Max Carryover, Transit Benefits

Last week, the Internal Revenue Service (IRS) released Rev. Proc. 2020-45, announcing the annual contribution limits and maximum carryover for Flexible Spending Accounts (FSAs) and contribution limits

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How Does an HRA Work?

Many employers offer Health Reimbursement Arrangements (HRAs) as part of their benefits package. While most people understand how a Flexible Spending Account (FSA) or Health Savings Account (HSA)

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FAQ: Can I have an FSA and HSA at the same time?

During enrollment season, a lot of employees wonder, “Can I have an FSA and HSA at the same time?” After all, both accounts are popular and people want to maximize their tax savings and

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Enrollment Season: How Much Should I Put In My FSA? (Or HSA?)

During enrollment season, your company will likely be talking about benefits. If you participate in your employer’s plan, you’re probably wondering, “How much should I put in my

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What You Should Ask BEFORE You Open an HSA

Opening a Health Savings Account (HSA) can be easy and it can change your outlook on your personal healthcare. With the triple tax savings of tax-free contribution, withdrawals for eligible expenses,

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Should I Sign Up for a Flexible Spending Account?

Open enrollment season is right around the corner. Between September and December many companies start allowing their employees to sign up for benefits for the next year – which often includes

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