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Life Changes and HSAs: Employees Experiencing a Job Change

July 22, 2021

Maintaining health insurance coverage when experiencing a job change can be one of the most stressful components for employees. If you have an employee experiencing a job change, here is some useful information the employee should know about their health…

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What to know when you turn 65 with an HSA

Life Changes and HSAs: How to Advise Employees Turning 65

March 10, 2021

With every age comes new milestones and turning 65 is no different. Many of your team members might start thinking about retirement at this age, and even if an employee is still actively working at 65, if they have a…

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4 hsa strategies for maximizing their use

4 HSA Strategies for Maximizing Their Use

February 26, 2021

We get it. For your employees, being an active health care consumer and managing health savings accounts (HSAs) can be confusing, especially if utilization is infrequent. In fact, data from a Further study fielded in 2020 shows 40% of employees…

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the recent covid relief bill included changes to fsa and dcap plans

Consolidated Appropriations Act, 2021: What does it mean for FSA and DCAP?

January 8, 2021

The Consolidated Appropriations Act, 2021, was signed into law on December 27, 2020. This COVID relief bill includes several items that impact medical flexible spending accounts (FSAs) and dependent care assistant plan (DCAP) accounts. Most of these changes are temporary…

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2020 year in review

Health Care Finance Year in Review: 2020

December 22, 2020

When 2020 began, it’s safe to say no one could have predicted all that was to come. As individuals and organizations, we all came together to quickly pivot to keep ourselves, our families, and our communities safe. As we look…

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here are 5 myths about HSAs

5 Myths About Health Savings Accounts

December 3, 2020

While many employees have stated that their overall health has become more important in the wake of COVID-19, the reality is that, for most Americans, preventive care has all but stopped since the pandemic began. From annual well-care visits to…

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spend down FSA dollars by the end of the year

Don’t Lose It! FSA Funds, That is! Tips for Spending Remaining FSA Funds

November 12, 2020

As we approach the end of the year, it may be the case that many employees are unaware that they may have unused flexible spending account (FSA) dollars left in their accounts. Beneficially, an FSA allows employees to set aside…

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DCAP Payroll Contributions: Guidance for Employers Now and in 2021

DCAP Payroll Contributions: Information for Employers Now and in 2021

November 9, 2020

The end of the year, and specifically during open enrollment, is a time during which many people budget for anticipated expenses for the coming year. However, 2021 will not bring about a return to pre-COVID-19 “normal,” at least for the…

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help for brokers with DCAPs

DCAP’s Use It or Lose It: Information for Brokers Regarding DCAP in 2020

October 30, 2020

The 2020 pandemic has disrupted everyone’s life. And working parents of young children have been among the most challenged. School, daycare and workplace closures have required such employees to supervise their children’s education while working from home. With most of…

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the government has announced FSA limits for next year

2021 FSA Contribution Limits Remain at $2,750

October 29, 2020

The IRS announced that the 2021 Flexible Spending Account (FSA) contribution limit will remain at $2,750. A medical FSA is a personal expense account that works with an employer’s health plan, allowing employees to set aside a portion of their…

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