Employee Benefits

If you’re an employer, is your in-house benefits administration team struggling to juggle the multitude of complexities behind running a successful benefits administration program? Are you spending too much time and resources trying to keep up to date with compliance...

How much should I contribute to my health savings account (HSA) each month? The short answer: As much as you're able to (within IRS contribution limits), if that’s financially viable. If you’re covered by an HSA-eligible health plan (or high-deductible...

Increasingly, employers are offering a lifestyle spending account (LSA) as a way to support their employees’ wellness needs. Among our direct clients, we saw a 77% increase in clients offering an LSA in early 2022 year-over-year.  If you’re new to...

The season for filing taxes is upon us once again. We're getting closer to the deadline for filing for 2022. We wanted to share a few tips and reminders about the health savings account (HSA) information you’ll need for your tax...

For most of you, a new plan year has begun! And just because you have an entire plan year ahead doesn’t mean you should wait until November or December to put time and energy into your employee benefits. In fact,...

Did you recently elect to participate in a medical flexible spending account (FSA)? If you’re a first-time medical FSA participant, you may not be familiar with FSA definitions and rules. We’ve provided a list of the top things a first-time...

The IRS has created two sets of Affordable Care Act (ACA) codes to provide employers with a consistent way to describe their medical benefit offerings to their employees. Each code indicates a different scenario regarding an offer of coverage, or...

Earlier this week, President Biden informed Congress that he plans to end the two COVID-19 national emergencies on May 11, 2023. From an employee benefits and COBRA perspective, this would mean that temporary extensions introduced during the COVID-19 pandemic will...

New job. New career. And a new health savings account (HSA). This scenario can play out often over the course of your life. The average person changes jobs 5.7 times just between the ages of 18 and 24. We change...

COBRA can provide important health insurance security when you’ve experienced job loss or another qualifying event. And election of COBRA can affect your ability to use the reimbursement accounts in which you were participating prior to your COBRA eligibility. In...