HSA: Health Savings Account (HSA) FSA: Flexible Spending Account (FSA) HRA: Health Reimbursement Arrangement (HRA) Brokerage and trading: Mutual funds Other: Dependent Care, Commuter, Lifestyle, COBRA, Direct Billing, Premium Only Plans Investment options HealthEquity offers access to 3 options for...
Contributions to an HSA are made with pretax dollars.This means that you won’t pay income tax on the money that you put directly into your HSA. On the other hand, the money that you put into your HSA is expensive to access once it’s already in the account unless it is ...
Learn everything you need to know about HRA compliance in our guide. DOWNLOAD HERE Elizabeth Walker Elizabeth Walker is a content marketing specialist at PeopleKeep. Since starting with the company in April 2021, she has become well-versed in writing about HRAs, health benefits, and small busine...
NPA is any advance or loan that is overdue for 90 days or more. Therefore, an asset becomes non-performing when it ceases to generate income for the bank or lender because the borrower is not paying interest. These loans and advances can be a term loan, overdraft/cash credit, discounted ...
House Rent Allowance (HRA):Provided by companies that don’t offer employee housing, typically calculated as a percentage of the salary. City Compensatory Allowance (CCA):Offered to employees in metropolitan areas to counter higher living costs, usually a fixed monthly amount. ...
Holly Bengfort is a content marketing specialist at PeopleKeep, with two years of experience in HRAs and health benefits. Having experienced the QSEHRA firsthand as an employee, Holly provides invaluable insights into how it can benefit small businesses and their workforce. Before joining the team...
How is Payroll Calculated in India? The payroll in India can be calculated using the following formula. Net Pay= Gross Salary – Gross Deduction Where, Gross Salary= Basic salary + HRA + DA + Allowances + One-time payment/incentive (Reimbursements, Arrears, Bonus, etc.) ...
Allowance: It is the amount received by an individual paid by his/her employer in addition to salary to meet some service requirements such asDearness Allowance(DA), House Rent Allowance (HRA), Leave Travel Assistance(LTA) , Lunch Allowance, Conveyance Allowance , Children’s Education Allowance...
The allegation of the chief election agent of the UDF candidate is in the context of the Thiruvananthapuram District Congress Committee (DCC) beginning an inquiry after bundles of unused election posters of party candidate Veena S Nair were found in a scrap shop. Veena contested in the recently...
The job search has been going well so far thanks to my network and all the leads, advice and assistance that has been offered. I do not think I will be applying to the Gap but I do know that whomever is my next employer I will continue to give it my all and do my best to move...