In this article, we explore the 5 Ws—Who, What, When, Where, and Why—of lifestyle benefits to explain how you can use this tool to improve your benefits package and show your investment in your employees as valued individuals in the workplace!
If the 2020 benefit year taught us anything, it’s that we can’t have too many virtual tools in our benefit toolbelts. If you had a chance to check out our previous Broker Tech Check blog, we covered compliance technology, virtual enrollment, and online management solutions. In this article, we’ll dive a little deeper to help you continue to refine your technology recommendations in this year and beyond.
Due to the pandemic, what seemed to be hard and fast rules turned out to be much more flexible. What hasn’t changed is that everyone still needs secure health care access, and COBRA continuation coverage plays into this fact. These are the top three reasons to pay extra attention to COBRA this year.
A dependent care assistance program (DCAP) could be a simple solution for employers looking to support employees and offer a more attractive benefits package. A DCAP, more widely known as dependent care flexible spending accounts (dependent care FSA), is a voluntary benefit plan designed to help offset the cost of child or elder care. Learn how adding a dependent care FSA to your benefits plan could give you an edge when it comes to attracting and retaining employees at your organization!
We all start a new year with the best of intentions—exercise more, eat better, get a restful night’s sleep…or maybe even save money. By now, you may already need to renew those resolutions. If you’re looking to make the most of your health savings account (HSA) this year, here are five HSA tips that will help you prioritize your health to wealth strategy and make the rest of your year healthier, calmer, and perhaps even more…predictable!
The news of the COVID-19 vaccines has everyone crossing their fingers and hoping there may be an end in sight to the pandemic. That said, we still have to get through the winter months with the normal cold and flu season kicking into high gear. On the bright side, you can create a COVID-19 tool kit for your home using your tax-advantaged flexible spending account (FSA) or health savings account (HSA)!
If you have a health savings account (HSA) and taxes to file this 2021 tax season, this guide is for you. Learn about HSA tax responsibility and which IRS forms you may need to correctly file your tax return with an HSA.
How did virtual open enrollment go in 2020? Read our post-evaluation and get tips to improve your online enrollment event for next time. It's likely that having a fully virtual or hybrid event for open enrollment is likely for 2021 as well. Get ahead of the game and start preparing now!
Uncertainty surrounding the ongoing impact of the pandemic is making it tough for anyone to move ahead with confidence, and employers and brokers may still be wondering how to prepare for the rest of 2021. We want to help you prepare for what lies ahead. In this article, we share industry reports that cover anticipated spending and benefits trends for 2021, and provide guidance for employers and brokers that may feel like a ship navigating choppy waters.
An HSA is a special savings account that lets you pay for medical, dental, and vision expenses or save and invest that money tax-free. It’s like a 401(k) for health care—a tax-advantaged account you can use today or save for later. Here’s what you need to know about Individual Health Savings Accounts (HSAs) to decide if it’s right for you!