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Use your Benefits Plan to Increase your Savings
December 4, 2018 3:09 pmDo you wish you had a little more set aside this holiday season to put towards gifts and celebrations? Get a jump start on next year’s nest egg by using...
Categories for News
New Financial Health Research
November 29, 2018 3:05 pmThe Center for Financial Services Innovation has released new research on Americans’ financial health. https://wexhealthinc.com/2018/11/theres-a-new-way-to-test-americans-financial-health-and-its-the-most-comprehensive-yet/?fbclid=IwAR3ldAnAoeu76c7ocfkJkQXF-aLvj3gz5L9Yk_Zi2xY6AkrjLxBhrF5pEgM
Wex & 2019 Annual Cost-of-Living Adjustments
November 28, 2018 9:12 amOn November 15th, 2018, IR-2018-222 of the Internal Revenue Service (IRS) announced the 2019 annual cost-of-living inflation adjustments, which included increased limits for flexible spending accounts (FSAs), transportation fringe benefits, and qualified...
What We’re Thankful For
November 22, 2018 3:04 pmThis Thanksgiving, the team here at Advantage Administrators is thankful for so much- our clients and participants, our partners and consultants, our employees, and of course, our family and friends....
Benefits of a Dependent Care Flexible Spending Account
November 20, 2018 3:03 pmMany healthcare plans offer the option of putting aside money into a Dependent Care Flexible Spending Account, or DCA. This money isn’t taxed, which could save you as much as...
2019 IRS Cost-of-Living Adjustments Announced for FSA and Commuter Benefits
November 16, 2018 10:17 amJust Announced! Yesterday, the IRS announced an increase in the limit for medical Flexible Spending Accounts (FSA) to $2,700 for 2019, up $50 from 2018. This increase will allow those...
FSA Store
November 15, 2018 3:01 pmUse the code “ADVANWEL” to get $10 off your first purchase at FSAstore.com! Share with your friends- anyone can use the coupon code, even if they aren’t Advantage Administrators clients.
Combining Your HSA With a Limited FSA
November 13, 2018 2:59 pmEmployees taking advantage of a Health Savings Account (HSA) aren’t eligible to also participate in a Flexible Spending Account (FSA). However, they are eligible for a limited FSA- where pre-tax...
2019 401K Limits
November 8, 2018 2:58 pmWe’ve got good news for employees- last week, the IRS increased pre-tax contribution limits for employees with 401(k) plans from $18,500 to $19,000! For more information, contact your Advantage Administrators...
FSAs: You Don’t Have to Use It or Lose It
November 6, 2018 2:56 pmDid you know that as an employer, you can offer your employees a Flexible Spending carryover, so they don’t have to use all of their flex spending before the end...