According to the Bureau of Labor Statistics, employers typically pay around 80% of traditional employer-sponsored healthcare plans on behalf of employees. With rising healthcare costs, your business is most likely struggling to solve this key problem: how to maintain financial stability while providing robust benefits to your employees. But what solutions can actually provide benefits...
The concept of work-life balance has become more than just a buzzword; it’s a necessity for employee satisfaction and retention. According to WorkLife.news, employers are increasingly recognizing the importance of providing ample time off to their employees with more than 80% of U.S. employers planning to change their leave policies over the next two years....
Did you know employers can enhance their benefits offerings by incorporating voluntary benefits? What exactly are voluntary benefits and how can employers design an effective plan? We sat down with Hugh McDaniel, manager of channel partnerships at WEX, to get his insights on crafting voluntary benefits plans that meet the diverse needs of employees. ...
Does your health savings account (HSA) have enough funds to carry you through the second half of the year? If it does, is there more you could be doing to grow those funds? We’ve broken down how to know if you’re contributing enough to your HSA to cover costs for the entire year and whether...
In today’s world, employees seek more than just a paycheck. They desire benefits that cater to their unique needs and offer peace of mind. This is where benefits personalization technology comes into play. Let’s explore how modern technology is revolutionizing benefits personalization and how employers can leverage these advancements effectively. The Value of Personalized...
New survey results published during Mental Health Awareness Month indicate that a variety of financial and health factors are the top drivers influencing mental health in this country. Money was the top factor at 52%, with personal health and the health of family/friends also ranking among the top four. There are a variety of ways...
Supporting employees throughout their employment lifecycle is essential for improving engagement, loyalty and long-term satisfaction in the workplace. By optimizing employee benefits and creating a supportive environment, employers can enhance the employee experience at every stage of their journey, from onboarding to retirement. This comprehensive guide will help you understand and implement effective employee lifecycle...
May is Mental Health Awareness Month, an opportunity to raise awareness and reduce stigma surrounding mental health issues in the workplace. As an HR representative or benefits decision-maker, you have a responsibility to support your employees’ mental wellbeing. What can employees do to raise mental health awareness in the office, especially during Mental Health Awareness...
Key takeaways – 2025 HSA contribution limits 2025 HSA contribution limits will increase to $4,300 and $8,550 for self-only and family HSAs, respectively. 2025 HDHP minimum deductible and maximum out-of-pocket limits also are increasing. Health savings account (HSA) contribution limits are on the rise again in 2025. The IRS announced that 2025 HSA contribution limits...
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!
Join us in congratulating Christina Staton on her 4-year anniversary at Advantage Administrators today!
County fair season is winding down in Iowa. The Bremer County Fair will be in Waverly July 25th – July 31st . It has us thinking about our favorite fair...
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