Have you recently changed employers? Are you considering making a change? Fortunately, when you participate in a health savings account (HSA) through Advantage Administrators, your HSA stays with you. There are plenty of myths about HSAs, but today let’s tackle what really happens to your HSA when you change employers. HSA transfer If your new employer offers an...
Choose a Dependent Care Assistance Plan
The last few years have shown the impact childcare has on day-to-day-life. Taking care of another person, whether it be your child, parent or grandparent, can cause a financial burden. Investing in a dependent care assistance plan can help relieve this stress.
Families can use up to $5,000 from their flexible spending account to pay for child (under the age of 13) or adult day care that allows the participant to work. All claims and administration duties are handled by our team at Advantage Administrators to save you time.
Covered Expenses Include:
- Home child care providers
- Dependent care centers
- Sick child facilities
- Adult elder care
- After-school care
- Extended day programs
- And more!