Category Archives for FSA

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 right for

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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 Overview

Transit / Commuter Accounts OverviewThe costs of traveling to-and-from work can add up quickly! With a Transit (aka Commuter) account, sponsored by your employer, you can set aside money before taxes

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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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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 things

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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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FSA Overview

Flexible Spending Accounts (FSAs) - An OverviewA Flexible Spending Accounts (FSA) lets employees put aside money each pay day to pay for healthcare costs. The money put into the account is not taxed.

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VIDEO: Captain Contributor Explains FSAs

“Learning about FSAs is more exciting than you think! Check out one of my FSA videos below. Betty the Benefactress and I explain the ins-and-outs of FSAs and take on an evil villain along the way.

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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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Why Should I Keep My Healthcare Receipts?

After you see your doctor, 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 a qualified

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Man-care: Healthcare Spending Tips and Ideas for Men

June is National Men’s Health Month. Gentlemen, if you have a healthcare benefits account, like a Flexible Spending Account (FSA) or Health Savings Account (HSA), you have a great tool at your fingertips

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FSA Primer: Health FSAs, LPFSAs, and Dependent Care FSAs

Did you know that Flexible Spending Accounts (FSAs) aren’t just for healthcare expenses? In fact, there are three common variations to the FSA. Each has its own purpose, but they’re all employer-sponsored

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VIDEO: Captain Contributor Explains Benefits Debit Cards

"If you like filling out paperwork for reimbursement, you’ve come to the wrong place. I do have some pretty good ideas about benefits debit cards though. Check out this short, action-packed

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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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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

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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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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

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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

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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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