An FSA (flexible spending account or flexible spending arrangement) is a type of savings account that you pay into throughout the year via payroll deductions. These medical spending accounts are offered by your employer. If you have a health plan through your job, you can use an FSA to pa...
Uses for Flex Spending Flex funds can be used to pay for prosthetics not covered by insurance. Ramzi Haidar/AFP/Getty Images It's pretty easy to open an FSA. But it does require some management. You need to pay attention to how much money you have left to spend throughout the year...
7 money moves to make now to start the new year strong In May,the IRS allowedworkers to change their contributions if they felt they weren't going to be spending as much money as they expected. However, those new guidelines were optional for employers to implement. In fact, 50% of F...
Flex Time Allowing flexible work schedules in your business is very often the most strategic thing you can do from a hiring standpoint. Often companies that offer flex time find that their employees are more productive, motivated, and loyal. And why wouldn't they be? Employees can alleviate qu...
Flexible work optionsgive parents more control over their schedule and could improve the health of that employee, plus have halo effects on others in the employee’s life. What if instead of spending the time and money on an engagement survey, you instead pulsed your employees on health outcome...
A poor work-life balance has serious consequences for your health, but spending too much time and energy on work can actually negatively affect your work performance. Mind Share Partners’2021 Mental Health at Workreport noted that, due to stress and other work-related mental health issues, empl...
Capitalizing on FSA and HSA Spending at the End of the Year Schedule Your Eye Exam Now Many patients may not have visited their eye doctor yet this year. The first message to send through your patient communications system could just be a regular reminder to use FSA and HSA accounts to pay...
By doing small bursts of mobility work during the day, it takes the pressure off of having to dedicate a larger chunk of time to it, says Haas. Small bursts also help break up sedentary patterns so that you’re not spending as much time locked in the same position. In turn, this can...
Flex spending accounts for dependent care expenses Long-term-care insurance to help pay for home health aides or a parent’s care facility Education around financial planning and budgeting You can also provide a well-being stipend to take the load off an employee caregiver, like paying for a ...
The COVID-19 pandemic brought renewed focus to the balance between work and parenting. Working parents are concerned with child care options and spending more time with their kids.— Getty Images/EllenMoran According to the2023 Parent Confidence Index, one-third of Americans — approximately 50 mi...