A health savings account (HSA) or medical flexible spending account (FSA) can be used to purchase eligible expenses, and the list of things that are eligible is sizable and growing. For example, as part of a pandemic relief package in...

While health savings account (HSA) withdrawals are only tax-free when used on eligible expenses, that’s a significant need for your employees as they age. Healthcare costs are the third-largest expense for retiree households, behind only housing and transportation. However, an HSA’s...

A medical flexible spending account (FSA) is a great way for employees to save pre-tax dollars for medical expenses. It’s also a great way for employers to save on FICA taxes. But sometimes employees are reluctant to enroll in an...

You’re likely not a data scientist. The good news is that you don’t have to be. You’re less concerned with the numbers and more concerned with what the numbers tell you. And as data and analytics have taken on a...

Seeking better pay or benefits is the top reason people look for new jobs, according to one survey. That means offering a comprehensive benefits package that meets the needs of a variety of employees is important. But it’s also important...

Employers are turning to lifestyle spending accounts (LSAs) as an incentive for their current employees and as a recruiting tool for new employees. Why? Because experienced employees carry a wealth of knowledge, a variety of skills, and a mature perspective...

A record 4 million people quit their jobs in April 2021 alone. Why? What’s been called “the Great Resignation” was caused by employees searching for more money, more flexibility, and more happiness. As competition increases for employees in recruiting and...

You can provide flexible spending account (FSA) participants with some breathing room regarding their FSA claims by offering a run-out period. Learn more about run-outs in the third and final blog post of our FSA flexibility series. What is a...

A flexible spending account (FSA) grace period gives your FSA participants more time to spend down their FSA balances. In the second post in our FSA flexibility blog series, we break down FSA grace periods.  What is an FSA grace...

Communication skills. Finance skills. Multi-tasking ability. Human resources professionals need these skills and many others. Integrations can help alleviate some of HR’s burden by reducing the manual work and compliance risk that comes with every employee hire, status change, and...