What Can Employers Do with Unused FSA funds?

January 20, 2020

Healthcare Flexible Spending Accounts (or Healthcare FSAs) can be a great way to help your employees pay for covered medical expenses. But what happens if your employees don’t use all their funds by the end of the plan year?

Has your 403(b) plan document been approved by the IRS?

October 17, 2019

As an employer, you may be aware that the Internal Revenue Service (IRS) requires tax-qualified retirement plans be documented in a detailed written plan document.

Understanding the Stop Loss Claim Process

August 5, 2019

In the event of larger than planned or catastrophic claims, self-funded health plans rely on their stop loss insurance policy to help protect their cash flow and maintain financial stability. But what does this process look like for the employer?

Bridge the Generation Gap with Reimbursement Accounts

June 5, 2019

Millennials are projected to become the largest overall generation this year, and some studies predict the generation after them, Gen Z, will prove even larger. With this in mind, it’s important to make sure your benefits package reflects the needs of your changing workforce to encourage participation and stay competitive in attracting talent.

6 Requirements for Health Savings Account Participation

December 11, 2018

High-deductible health plan and Health Savings Account (HSA) enrollment reached 21 million members in 2017 and is expected to continue to climb. But, because the Internal Revenue Code (IRC) sets specific eligibility requirements for HSA participation, they may not be for everyone. Let’s look at the criteria an individual must meet before enrollment happens.