Are you an HSA investor? If you are, then you have a health savings account (HSA). You’ve heard about its investment potential, and you’ve read that an HSA has retirement-planning perks that a 401(k) and IRA don’t have. And you’re investing to grow your funds so they increase at a much higher rate than they...
The time is now to disrupt open enrollment! While much of the work in the last months has been focused on rate renewals and designing your benefit offerings, the focus must now shift to the open enrollment communication plan. With a few years of digital open enrollments behind us, it is key to identify barriers...
We’re halfway through the year—have you checked in on your employee benefits? If you’re like many employees, you might only think about benefits during open enrollment. But taking a mid-year look at your benefits can help you maximize your options, adjust to any life changes, and plan ahead. Here’s why this check-in is important and...
Congress passed and President Trump has signed into law the One Big Beautiful Bill Act – and it’s a game changer for health savings accounts (HSAs). In a recent episode of the WEX podcast, Chris Byrd, WEX Health & Benefits senior vice president, breaks down the most impactful provisions of the bill, including expanded health...
In today’s world where financial security feels increasingly elusive, Gen Z and millennials are rewriting the playbook on how they save, spend and invest. Yet, one of the most underutilized tools in their financial arsenal is the health savings account (HSA). Despite its potential to revolutionize both short-term healthcare spending and long-term wealth building, many...
The IRS requires flexible spending account (FSA) participants to submit documentation to prove their purchase was an eligible expense. The IRS emphasized these requirements and potential penalties for employers not meeting the requirements when releasing an Office of the Chief Counsel memorandum detailing medical expense claim substantiation for medical FSAs and dependent care FSAs. That’s...
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. Below we answer a few common dental-related questions as it relates to your HSA or medical FSA. ...
Rising healthcare costs are a growing concern for employees and employers alike. With premiums, deductibles and out-of-pocket expenses increasing, employees may struggle to afford necessary care. As an employer, you have the power to support your workforce by providing cost-saving solutions and promoting smarter healthcare decisions. Here’s how you can help employees navigate and reduce...
The IRS recently announced the 2026 Limits for HSAs, HDHPs and EBHRAs! Learn more about these limits below! The new 2026 limits are: HSA Annual Contributions Single $4,400 per year Family $8,750 per year HDHP (self-only coverage) $1,700 minimum deductible $8,500 out-of-pocket limit HDHP (family coverage) $3,400 minimum deductible $17,000 out-of-pocket limit EBHRA $2,200 ...
The Advantage Administrators app is getting even easier to use! We’ve made a few updates to ensure that your HSA or FSA plan is simple to monitor. Now, you can:...
Save money by using your untaxed HSA or FSA funds to purchase eligible products like first aid supplies, bandages, allergy medication, and more! Visit Health Shopper for an easy way...
One of the questions we’ve been getting a lot is are face masks HSA and FSA eligible? Here’s the answer: disposable face masks are not an eligible FSA expense unless...
Census Takers in Your Neighborhood Starting in July, census takers will visit homes that haven’t yet responded to the 2020 Census. What To Expect Census takers will wear masks...
Everyone at Advantage Administrators would like to wish teachers, parents, children, school administrators, janitors, bus drivers and cooks a wonderful new school year! Have a great first day back!
Back to school time is quickly approaching, and this year promises to be even more hectic than normal. With the COVID-19 pandemic making so much uncertain, we at Advantage Administrators...
A big thank you to all of the utility workers, tree removal services, and others for all of their hard work cleaning up and getting the power restored after the...
We make it easy to manage your employee benefits with the Advantage Administrators mobile app. Use it to check your balances, submit FSA and HSA documentation, and file claims. Download...
Yesterday we collected school supplies to be donated to area schools including WSR, Oelwein, North Butler and Clarksville.
As you start to get the kids ready for the new school year, you’re likely scheduling physicals for school and sports. Don’t forget that these appointments are FSA and HSA...
Flex Plans
Forms
HSA
HRA
Retirement
Health Shopper
FSA Store