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, staying on top of your health savings account (HSA), flexible spending account (FSA) or any...
Open enrollment is an important time for HR professionals and employers, since it’s the moment employees make decisions that impact their health, finances and overall wellness for the coming year. However, the work doesn’t end when open enrollment closes. Post-open enrollment strategies are essential for ensuring employees are engaged, informed and set up for success....
For many, winter is as synonymous for snowflakes as it is for sinus problems. Fortunately, health savings accounts (HSAs) and flexible spending accounts (FSAs) cover many common winter eligible expenses you might turn to this time of year! We’ve compiled a few common seasonal issues and eligible expenses that can help. Dry Nasal Passages...
Have you recently changed employers? Or are you considering making a change? Fortunately, when you participate in a health savings account (HSA) through your employer, your HSA stays with you. There are plenty of myths about HSAs, so let’s tackle what really happens to your HSA when you change employers. You Have Options HSA...
As we enter another season of open enrollment, one crucial topic is top of mind for many employees: HSA and FSA compliance. Health savings accounts (HSAs) and flexible spending accounts (FSAs) are often misunderstood, despite their significant financial advantages. It’s time to clarify the ins and outs of these tax-saving healthcare accounts and answer HSA...
When it comes to navigating the world of employee benefits, there’s a lot to take in, especially if you’re a first timer. Among the suite of benefits you’re likely to be offered, voluntary benefits are often misunderstood. In this blog we explore all the unknown voluntary benefits terms and bring clarity of information to first-time...
The IRS released 2025 contribution limits for medical flexible spending accounts (medical FSAs), commuter benefits and more as part of Revenue Procedure 2024-40. These limits undergo annual adjustments to account for inflation. 2025 Medical FSA Contribution Limits (including limited and combination FSAs) 2024: $3,200 per year 2025: $3,300 per year 2025 Medical FSA...
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 changes and providing the technology and services your employees need for a positive benefits experience?...
Whether you’re transitioning from your parents’ insurance, landed your first full-time job or are simply obtaining coverage for the first time, choosing health plans and employee benefits can be overwhelming. You’ll likely hear a lot of terms and acronyms that you’ve never heard before. For starters, let’s look at a few considerations when evaluating health...
We are kicking off the weekend and supporting our favorite area teams today. A special shout out to our staff children representing the Waverly-Shell Rock Go-Hawks, Clarksville Indians, Oelwein Huskies,...
When it comes to eligible FSA purchases, there are more options than you may think. Check out the FSA Store – an online shop that only sells item you can...
2020 was a year unlike any other, and it affected everything- including open enrollment. As we gear up for this year’s open enrollment, here are some things to keep in...
Lisa and Fawn were at a informational meeting yesterday and spotted this sign. “Kind Words Cost Nothing”- a good reminder!
Curious on whether you should choose a health savings account? Advantage Administrators’ Fawn Wiebke chose to open an HSA for its excellent tax savings benefits. Hear it from Fawn herself...
It’s almost time for school to start up again, and area schools are always in need of donations for pencils, paper, tissues, disinfect wipes, and other supplies. We did a...
Back to school is right around the corner. Is your first aid kit prepped? Be sure to stock up on Band-Aids, Neosporin and gauze using your HSA or FSA funds!
This week we celebrated Cathy’s 50th birthday! Happy birthday Cathy, and thank you for all you do for us and our members.
Struggling to find and retain talent? It could be because of your employee benefits. Check out this article by the Harvard Business Review about the benefits employees really want –...
Use your FSA funds to stock up on back-to-school essentials like pain medicine, orthopedic braces, contact solution, and more!
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