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.
An American Fidelity Benefits Debit Card provides a convenient way to access reimbursement account funds. It’s designed to be quick and removes the need to pay out-of-pocket, but there are important things to know when using the card.
To help your employees understand how the plan works and best utilize their accounts, consider these tips.
Providing documentation is one of the most common points of confusion and frustration for Flexible Spending Account (FSA) and Health Reimbursement Arrangement (HRA) participants. However, the solution is quite simple – all purchases must be substantiated.
It’s a year of big system improvements at American Fidelity Assurance Company, and we’re proud to share that one of those system upgrades is coming soon!