bethNewsPOsIMT18

5 Smart Ways to Reduce Healthcare Expenses

5 Jun

How Does an FSA Work for Participants?

2 Jun

Health Savings Account (HSA) Contribution Limits Increase for 2027

Key takeaways – 2025 HSA contribution limits The Internal Revenue Service (IRS) has announced updated Health Savings Account (HSA) contribution limits and High-Deductible Health Plan (HDHP) requirements for 2027. These annual adjustments allow individuals and families to set aside additional tax-advantaged dollars for qualified healthcare expenses. 2026 & 2027 HSA Contribution Limits Coverage Type 2026...

13 May

GLP-1 HRAs

Medical cost trends have risen by 10% since 2022. But the cost trend for Rx is over 17% for the same period. Much of this increase in Rx is due to exploding sales for GLP-1s (such as Ozempic, Wegovy, Zepbound and Rubelsus) for use as weight loss drugs, driving costs to unsustainable levels for both...

22 Apr

Your Dental Expense Eligibility for an HSA or FSA

Dental expenses can be a significant financial burden, especially when unexpected dental procedures arise. For those who have health savings accounts (HSAs) or medical flexible spending accounts (FSAs), there are opportunities to save money on these expenses. We answer a few common dental-related questions as it relates to your HSA or medical FSA. Can...

10 Apr

Six Things to Know if You’re a First-Time Medical FSA Participant

Did you recently elect to participate in a medical flexible spending account (FSA)? If you’re a first-time medical FSA participant, you may not be familiar with FSA definitions and rules. We’ve provided a list of the top things a first-time medical FSA participant should be aware of to take full advantage of their FSA. ...

25 Mar

Your HSA and Your Tax Return – Four Tips for Filing

The season for filing taxes is upon us once again. We’re getting closer to the deadline for filing for 2025. We wanted to share a few tips and reminders about the health savings account (HSA) information you’ll need for your tax return. These will help you get organized and prepared for easy and successful filing....

12 Mar

Why Adding an FSA Makes an HSA Even Better

Saving, investing and retirement planning. These are just three of the perks you’ll experience when you participate in a health savings account (HSA). To be eligible for an HSA, there are only a few requirements, with two of the big ones being that you must be covered by a high-deductible health plan (HDHP), and you...

26 Feb

Understanding Letters of Medical Necessity for HSAs FSAs and HRAs

When managing pre-tax health accounts such as HSAs, FSAs and HRAs, it is easy to assume that all medical expenses automatically qualify for reimbursement. However, some services and products require additional documentation before they are considered eligible. That documentation is called a Letter of Medical Necessity. If you or your employees have ever been asked...

FSA Grace Period

March 3, 2020 8:28 am Published by bethNewsPOsIMT18 Comments Off

If you didn’t spend all of your FSA funds last year, the grace period is almost over! Spend your FSA funds before March 15 to avoid losing them. For FSA...

Save Money on Eligible Expenses This Winter

February 27, 2020 9:19 am Published by bethNewsPOsIMT18 Comments Off

For many people, winter and illness go hand in hand. But if you have a Health Savings Account (HSA) or a Flexible Spending Account (FSA) from Advantage Administrators, many of...

On the Go

February 25, 2020 8:27 am Published by bethNewsPOsIMT18 Comments Off

You’re always on the go. Now, your benefits are too. Download the Advantage Administrators mobile app today!

Mileage Reimbursement Rate

February 24, 2020 8:49 am Published by bethNewsPOsIMT18 Comments Off

As a reminder, the 2020 flex mileage reimbursement is 17 cents per mile, down from 20 cents per mile in 2019.

February 20, 2020 8:17 am Published by bethNewsPOsIMT18 Comments Off

Loney Debully is another one of our Wartburg interns this semester! She’s a senior studying Business Administration with a Management concentration. Originally from Malaysia, Loney would like to stay in...

Winter Health

February 18, 2020 8:20 am Published by bethNewsPOsIMT18 Comments Off

Winter is prime time for injuries and sickness. Help curb some of those by following these tips: – Wash your hands frequently. – Salt your driveway, sidewalk, and exterior stairs....

February 13, 2020 9:02 am Published by bethNewsPOsIMT18 Comments Off

Say hello to one of our interns, Andrew Walker! Andrew is a senior at Wartburg College, majoring in Economics and Business Administration. He will be attending Iowa Law School in...

« Previous 1 … 18 19 20 21 22 … 34 Next »

Latest News