Category Archives for FSA

More Online Retailers Accept Healthcare Benefits Cards

Earlier this year, Amazon.com announced it will now accept pre-tax healthcare benefits cards as a form of payment. The giant online retailer joins other companies, like FSAStore.com, HSAStore.com, and

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Your Mental Health Matters – Fighting Stigmas and Getting Treatment

May is Mental Health Awareness Month, making it a great time to talk about this sensitive subject (October 10 is World Mental Health Day). There is a lot of stigma around mental health, but according

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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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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

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Get 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

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Heart 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

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FSA 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

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7 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

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HSA 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

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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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VIDEO: Captain Contributor Explains How FSAs Work

​Understanding How FSAs Work A Flexible Spending Account, or FSA, is a great way to save on taxes and set aside money for health and childcare expenses. The basics of an FSA are pretty simple.

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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 vision and dental expenses. Contributions and Rollover LPFSAs

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Tax-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

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VIDEO: Captain Contributor Explains Tax Savings

Tax Savings You can save 30% or more on healthcare expenses due to the tax advantages from an FSA, HSA, or HRA, but do you know what the differences in these benefit accounts? Which one is

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Tax-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

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Transit/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

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Tax-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.

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What 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

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VIDEO: Captain Contributor Explains Planning for Healthcare Expenses

Planning for Healthcare Expenses Budgeting for future expenses can be hard. After all, you never know when something unexpected will land you in the emergency room. But there are a few important

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Should 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

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Overview 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

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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

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Preparing 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

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Heading 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

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New 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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