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Category Archives for FSA

‘When Can I Sign Up for an FSA?’ and Other FSA FAQs

Flexible Spending Accounts (FSAs) are popular employer-sponsored benefits. In 2016, nearly half of all employees who worked for private companies had access to an FSA. Here are some FSA FAQs. FSA FAQs What

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Maximize Your FSA with Your FSA Debit Card

It’s no secret – using a debit (or credit) card is super convenient. You can use them just about anywhere and for just about anything. Grocery stores, pharmacies, gas stations, clothing shops, doctors’

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Tips to Help You Become a Better Healthcare Consumer

What is a healthcare consumer? For many people, the term patient comes to mind. The terms are nearly synonymous, but there are some slight differences – mainly cost considerations and amount of involvement.

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Health and Wellness Holiday Tips to Help Maximize FSA and HSA Benefits in 2018

It’s the holiday season and we all know what that means. Many of us are letting loose, shopping, cleaning the house, preparing rich, delicious foods for get-togethers. Not only are we trying to enjoy

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

For Health Savings Account (HSA) owners, a common question is, “Can I have an FSA and HSA at the same time?” Generally speaking, you cannot have a health Flexible Spending Account (FSA) and

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6 Ways to Spend Use-It-or-Lose-It FSA Dollars

There are just over four weeks left in 2017! If you still have money in your Flexible Spending Account (FSA), the end of most plan years are quickly coming to an end. Now is a good time to put the remaining

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5 Reasons You Should Sign Up for a Benefits Debit Card

If your company sponsors Flexible Spending Accounts (FSAs), Health Reimbursement Arrangements (HRAs), Health Savings Accounts (HSAs) or Transit/Commuter benefit accounts, you may be given the option during

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FSA 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

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2018 FSA Contribution Limits, Transportation and QSEHRA Benefit Increases

The Internal Revenue Service (IRS) recently published the updated 2018 contribution limits for health Flexible Spending Accounts (FSAs), Transportation benefits, and Qualified Small Employer Health Reimbursement

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FSA: Use it or Lose it, Carryover, Grace Period and Run Out

Flexible Spending Accounts (FSAs) – if you signed up for one, chances are you’ve heard a few terms that you may or may not be familiar with. FSAs are great tools for helping you save money

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Dependent Care Assistance Plan (DCAP) – Eligibility, Expenses, and More!

Hey, parents! Let’s talk about Dependent Care Flexible Spending Accounts, also known as a Dependent Care Assistance Plan (DCAP). I’ll cover contribution limits, dependent requirements, eligible

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Which is Better: an FSA or HSA?

A common question people ask at enrollment meetings is Which is better: an FSA or HSA? The answer to this question is not as simple as it seems. The two accounts are very similar, but they have some major

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

Enrollment season is here which means you’re probably wondering, “How much should I put in my FSA?” or “How much should I contribute to my HSA?” Budgeting for medical expenses

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FSA, HRA, HSA Benefits Debit Card – Convenient and Secure

Card payments are part of everyday life. No matter where you go – doctors’ offices, pharmacies, grocery stores, retail shops, taxis, subway stations, and more – you can use a credit or

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9 FSA Eligible Expenses You May Not Know About

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 medicines, as well as dental and

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Take Care of Back-to-School Preparations with Your FSA or HSA

August is here, which means the school year is right around the corner. If you have a Flexible Spending Account (FSA) or Health Savings Account (HSA), you can use them to help pay for some back-to-school

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VIDEO: Captain Contributor Explains FSAs

Flexible Spending Accounts are employer-sponsored accounts that enable participants to set aside money from each paycheck, before taxes, to help pay for IRS-approved, out-of-pocket medical expenses

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VIDEO: Captain Contributor Explains Benefits Debit Cards

" Benefits debit cards can link to any employer benefit account and enable employees to access their funds in FSAs, HSAs, HRAs, Dependent Care Assistance Plans and Transit Accounts. Watch this Benefits

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FSA Overview

Let’s Talk about Flexible Spending Accounts (FSAs)! An FSA is an employer-sponsored benefit account that enables participants to set aside funds from each paycheck, before taxes, to help pay for

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Transit Overview

If you travel to and from work, you could be saving on those travel-related expenses with a Commuter (aka Transit) plan. A Commuter plan is an employer-sponsored fringe benefit where employees can use

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Limited Purpose FSA Overview

HSA 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

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