Business Management Daily

NOVEMBER 30, 2021

Flexible spending accounts (FSAs) are employer-established accounts that allow you to put aside pre-tax dollars from your paycheck into a special account to be used for eligible health or dependent care expenses. However, they also can require careful documentation to ensure that funds were spent on approved expenses.

Compliance Training 52

Compliance Training Guidelines Payroll Meeting 52

Zenefits

JUNE 16, 2022

Flexible Spending Accounts (FSAs) were created to help workers offset these costs. FSAs have been helping American workers ever since. The tax act outlined: What amount of their pretax income employees could set aside. When and how the money can be used. What types of expenses were covered. Who benefits from FSAs?

HR Software 41

HR Software Payroll Hiring Software Planning Tools 41

Benefit Resource Inc.

APRIL 1, 2020

This includes employees’ work benefits, particularly pre-tax accounts. For employees with an HSA, Dependent Care FSA, and/or commuter plan, there may be the opportunity to make changes to their accounts. Changes to Medical FSAs are currently not permitted). Benefits changes and Dependent Care FSAs .

Compliance Training 75

Compliance Training Resources Company 75

Extensis

JULY 12, 2022

However, between HSAs, FSAs, and 401(k)s, it can be overwhelming to understand the value of each. Working with a PEO partner is beneficial for both employers and their employees to ensure everyone is well-informed and set up for future financial success. So, does this really make an HSA the new 401(k) ? Yes and no.

Retirement 93

Retirement Payroll Compensation Wellness 93

Benefit Resource Inc.

APRIL 8, 2021

What is a Decision Support Tool? Essentially, it works like this: An employee answers simple questions about their household, expenses, and benefits goals. Depending on the decision support tool he’s using and how it’s configured, Toby might enter information about: The names/ages of himself, his wife, and children.

Planning Tools 98

Planning Tools Tools Compliance Training Retirement 98

Payactiv

DECEMBER 12, 2022

Eric and Tiffany cover choosing a retirement and healthcare plan, HSAs and FSAs, nontraditional benefits (Like Payactiv!), She’s a great person and she is here today to share her insights on how to take advantage of open enrollment. Did you recently receive an email from your employer asking you to sign up for benefits?

PayActiv 59

PayActiv Planning Tools How To HR Software 59

Benefit Resource Inc.

APRIL 8, 2022

In episode 3 of the Bright Side of Benefits, host Becky Seefeldt sits down with Kinside’s Brittney Barrett to discuss the growing child care crisis in the United States and how employers should react to it if they want to retain and attract talent. TRANSCRIPT – EPISODE 03: Child Care Crisis. Download Flyer.

Hiring Software 76

Hiring Software Recruiting Software Retention and Turnover Planning Tools 76

Zenefits

APRIL 12, 2022

A family caregiver is anyone who takes care of a dependent child or elderly parent. People caring for an older parent or loved one typically aren’t compensated, so this role is sometimes referred to as an unpaid caregiver. Have you anticipated the needs of your employees caring for their elderly parents?

Retention and Turnover 36

Retention and Turnover Hiring Software How To Onboarding Software 36

Benefit Resource Inc.

OCTOBER 8, 2019

A Dependent Care account allows you to set aside $5,000 on a pre-tax basis to pay for eligible dependent care expenses for a qualified individual. The next two questions are: what expenses are eligible and who is a “qualified individual”? What expenses are eligible?

Resources 40

Resources Meeting ATS How To 40

Payactiv

DECEMBER 12, 2022

Eric and Tiffany cover choosing a retirement and healthcare plan, HSAs and FSAs, nontraditional benefits (Like Payactiv!), She’s a great person and she is here today to share her insights on how to take advantage of open enrollment. Did you recently receive an email from your employer asking you to sign up for benefits?

PayActiv 52

PayActiv Planning Tools How To HR Software 52

Benefit Resource Inc.

NOVEMBER 19, 2019

First, we will explore what a cafeteria plan is. Next, we’ll go into how it got its name, and finally, we’ll look at who it helps. What is a cafeteria plan? One of the most common cafeteria plans is a flex account, or flexible spending account (FSA). Dependent Care Account. Are you asleep yet? Flex Account.

Time and Attendance 40

Time and Attendance Employee Benefits Immedis Groups 40

Insperity

DECEMBER 13, 2018

Do you know the difference between an HSA and a health care FSA? How do you know if one is a better option than the other for you and your employees? HSA is the acronym for health savings account; FSA is the acronym for flexible spending account. And that’s also the clue to how each operates.

Retirement 52

Retirement Planning Tools Payroll Diversity 52

Zenefits

JUNE 11, 2017

With Open Enrollment on the horizon, your employees are already thinking about making changes—specifically: how to maximize the money they spend on medical care. Flexible Spending Accounts (FSAs) and Health Savings Accounts (HSAs) are two ways employers can help employees use tax-free dollars to better manage the cost of healthcare.

Zenefits 66

Zenefits Payroll Comparison Retirement 66

Benefit Resource Inc.

NOVEMBER 19, 2019

First, we will explore what a cafeteria plan is. Next, we’ll go into how it got its name, and finally, we’ll look at who it helps. What is a cafeteria plan? One of the most common cafeteria plans is a flex account, or flexible spending account (FSA). Dependent Care Account. Flex Account.

Time and Attendance 40

Time and Attendance Employee Benefits Immedis Groups 40

Benefit Resource Inc.

OCTOBER 30, 2018

What makes enrolling in benefits stressful? What makes enrolling in benefits stressful? Approximately 1 out of 3 participants fail to understand that separate enrollments and elections are required for a Medical FSA and Dependent Care FSA (DCA). How to counteract it: Simplify.

Resources 56

Resources Payroll Strategy Meeting 56

Intoo USA

APRIL 8, 2020

Conducting furloughs and virtual layoffs present many new considerations—such as who to invite to the web meeting, how to ensure privacy, and which benefits and provisions to extend given the unique circumstances—to add to a regular notification meeting that are best to plan for far in advance of the call. No, that’s not okay.”.

Outplacement 130

Outplacement Video Recruiting HR Planning Hiring Software 130

Intoo USA

APRIL 8, 2020

Conducting furloughs and virtual layoffs present many new considerations—such as who to invite to the web meeting, how to ensure privacy, and which benefits and provisions to extend given the unique circumstances—to add to a regular notification meeting that are best to plan for far in advance of the call. No, that’s not okay.”.

Outplacement 130

Outplacement Video Recruiting HR Planning Hiring Software 130

Zenefits

NOVEMBER 12, 2019

Set up your FSA here. Flexible spending accounts — or FSAs — are a tax-advantaged benefit set up by business owners for their employees. Employees are able to set aside a portion of their earnings to pay for a variety of healthcare and dependent care expenses. What is a Flexible Spending Account?

Payroll 31

Payroll Zenefits Guidelines Productivity 31

Extensis

SEPTEMBER 14, 2022

The start of the school year can be challenging for working parents, but there are steps SMBs can take to lighten the load. Here are four ways employers can support working parents (just in time for Working Parents Day on September 16). The challenges of juggling school and work schedules.

Planning Tools 52

Planning Tools HR Planning HR Software Study 52

Zenefits

JANUARY 18, 2022

So how do you go about building a strong benefits package? If you’re building one for the first time, or looking to update your own, check out our tips — plus details on what benefits you can offer. How to build a benefits package. Consider how you will weave it into the vein of your organization’s values and mission.

Employee Benefits 36

Employee Benefits Retirement How To Planning Tools 36

Business Management Daily

SEPTEMBER 15, 2021

So, what should a modern employee benefits package look like? It depends on your company’s objectives and budget. According to the Affordable Care Act (ACA), U.S. Offering an attractive employee benefits package helps lure top talent and encourages the retention of your best team members. There’s no one-size-fits-all answer.

Retirement 52

Retirement Compensation Planning Tools Employee Benefits 52

Zenefits

NOVEMBER 12, 2018

FSA enrollment can be a stressful period for both employers and employees, especially when it comes to changes in eligibility. The good news is that, with a little information and knowledge, employers can be readily prepared for FSA enrollment. Can You Sign up for an FSA Mid-Year? How Does a Flexible Spending Account Work?

Zenefits 34

Zenefits Planning Tools Examples Groups 34

Business Management Daily

DECEMBER 6, 2021

Others just got accustomed to remote work and don’t want to return to the status quo. Whatever the reasons for the labor shortage, one thing has become abundantly clear; employers need to work harder to retain their current staff. Employee retention is a major challenge for employers at this time. Allow telecommuting.

Wage and Hour Training 119

Wage and Hour Training Strategy Hiring Software Retention and Turnover 119

PlanSource

OCTOBER 16, 2019

Having a robust employee benefits education plan in place is the first step to help bridge the gap between employee benefits and how to understand and use them—but that can often be easier said than done. . General Health Care and Benefits FAQs—Enrollment, Eligibility, Etc. Q: What types of employee benefits am I eligible for?

Employee Benefits 40

Employee Benefits Planning Tools HR Software HR Planning 40

Zenefits

OCTOBER 31, 2018

FSA enrollment can be a stressful period for both employers and employees, especially when it comes to changes in eligibility. The good news is that, with a little information and preparation, employers can be readily prepared for FSA enrollment. Can You Sign up for an FSA Mid-Year? How Does a Flexible Spending Account Work?

Zenefits 28

Zenefits Planning Tools Examples HR Software 28

Zenefits

NOVEMBER 4, 2021

It is also the period of time when someone who does not have job-based insurance can enroll in individual coverage via the Affordable Care Act (ACA) federal or state marketplace. What constitutes a “special enrollment period” (e.g., What constitutes a “special enrollment period” (e.g., Open enrollment dates. Mobile apps.

Planning Tools 36

Planning Tools Assessment Software HR Software Compliance Training 36

Business Management Daily

OCTOBER 28, 2021

Work to correct any payroll compliance mistakes and resolve any open payroll concerns raised by employees. The end of the year is a hectic time for payroll staff and business owners. While the year is winding down, the payroll department is ramping up to prepare for the end of the year and ensure that all reporting deadlines are met.

Payroll 52

Payroll Compliance Wage and Hour Training Hiring Software 52

Zenefits

SEPTEMBER 19, 2018

When employees have pressing issues in their personal lives, a break from work may be the only solution. Determining what kind of records you are required to keep, are wise to keep, or are keeping for your own purposes, varies depending on the leave requested. What are paid and unpaid employee leave?

Time and Attendance 34

Time and Attendance Zenefits HR Software Policies 34

Benefit Resource Inc.

FEBRUARY 7, 2019

Thankfully, one of the perks of marriage is that Sam and I can save on health care. What makes an HDHP a good idea? The IRS puts a cap on how much can be set aside in an HSA. Depending on if your employer contributes to the account (I’ll get to that in a minute), you might not even need to set aside the full amount.

Retirement 45

Retirement Payroll Company Compliance Training 45

Zenefits

SEPTEMBER 19, 2018

When employees have pressing issues in their personal lives, a break from work may be the only solution. Determining what kind of records you are required to keep, are wise to keep, or are keeping for your own purposes, varies depending on the leave requested. What are paid and unpaid employee leave?

Time and Attendance 28

Time and Attendance Zenefits HR Software Policies 28

Prism HR

JANUARY 24, 2020

Small and midsize businesses often struggle with how to hire new employees in today’s tight labor market. You’ll face tough odds when competing with larger competitors who wield deep recruiting budgets, well-honed hiring practices, and full-time recruiters working to find and secure top candidates. Learn More.

Video Recruiting 90

Video Recruiting Hiring Software Onboarding Software Recruiting Software 90

Zenefits

NOVEMBER 12, 2021

A type of annual 401(k) nondiscrimination test to ensure the plan does not disproportionately favor highly compensated employees over non-highly compensated employees. It does not include employer matching contributions. Affordable Care Act (ACA). They’ve become some of the most critical parts of compensation packages.

Employee Benefits 36

Employee Benefits HR Planning Retirement ADP 36

HR Daily Advisor

NOVEMBER 13, 2017

Reminding employees how they can remain HSA eligible is especially important this time of year, as we enter open enrollment season for calendar-year plans. One can get the proverbial red card and become disqualified, yet still be able to receive tax-free HSA distributions for medical care expenses, as defined in Code Section 213(d).

HR Planning 26

HR Planning Hiring Software Planning Tools Retirement 26

WEX Inc.

JULY 13, 2023

What is non-discrimination testing? What plans require non-discrimination testing? The IRS requires non-discrimination testing for employers who offer plans governed by Section 125 , which includes a flexible spending account (FSA). Why does non-discrimination testing matter? What tests are available?

Discrimination 52

Discrimination Planning Tools HIPAA Compliance 52

Benefit Resource Inc.

NOVEMBER 1, 2018

Others are working hard to advocate for their candidate. What does this look like? To get a glimpse of how close the House got to this vision, check out HSA Teaser or The Future? . Loosen Medical FSA Restrictions. Medical FSAs have the unique benefit of being available on the first day of a plan year.

Planning Tools 49

Planning Tools Survey Resources ATS 49

HR Examiner

JULY 23, 2019

“Trying to cram 365 days’ worth of benefits information into the narrow windows of new hire orientation and open/annual enrollment—simply doesn’t work.” – Harry Gottleib. And yet, one of out of four 20-year-olds working today will become disabled at some point in their working career. Answer: it’s not going to happen.

Hiring Software 59

Hiring Software Planning Tools Recruiting Software Course 59

Flimp Communications

MARCH 15, 2021

What are you planning on doing with your workforce post-COVID? PwC asked those questions in their recent survey , and here’s what they found: • 17% – Back to the office as soon as feasible. We’ll likely increase the level of remote work. • Another 26% are willing to be flexible depending on if employees request it.

HR Software 94

HR Software Onboarding Software Hiring Software Planning Tools 94