Employees choose a company to work for based on the benefits provided. Stand out among the competition by offering a unique benefit- commuter benefits! Commuter benefits allows employees to set aside pre-tax dollars to spend on commuting expenses, such as parking, bus fares, etc.
The IRS has announced that amounts paid for personal protective equipment (PPE) for the primary purpose of preventing the spread of COVID-19 – such as masks, hand sanitizers, sanitizing wipes – are treated as amounts paid for medical care. Thus, COVID-19 PPE expenses are eligible for reimbursement through your Health FSAs, Health Savings Accounts and...
Advantage Administrators will be closing at noon tomorrow, Friday, April 2nd, for Good Friday. We will resume regular business hours on Monday. Have a great Easter!
Are your employees using their Health Savings Accounts to their greatest potential? Make sure they know the full range of benefits an HSA can offer by explaining retirement-planning potential, offering a limited FSA to pair with their HSA, and encourage them to use our HSA calculators and mobile app to plan their investments and savings!
Last week during spring break we celebrated chip and dip day at the office!
Are you investing in a health saving account (HSA)? Only 5% of HSA participants invest their funds, but all profits are tax-free and grow faster than a 401(k) or IRA. Before you start investing, be sure to make a plan. Advantage Administrators recommends this three-step process. 1. Determine...
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