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Health and Benefits
Making Optimal Choices During Open Enrollment
Open enrollment season for employer benefits can be stressful. It only happens once a year, and with changing options and plans plus the time pressure of the deadline, it can feel overwhelming. You’re choosing plans for the entire upcoming year, and features vary widely, so how do you make the best choice when it feels like you’re comparing apples to oranges?
Why You Need to Keep Receipts for Your Benefits Accounts
If you’ve ever been asked to submit documentation for expenses on your flexible spending account (FSA), health reimbursement account (HRA) or dependent care account (DCA), you may have wondered, “Why do I need to provide a receipt when it’s my money in the first place? And why do they ask some times but not others?” Some very good reasons are behind this.
What’s the Difference between an HSA and an FSA?
Health Savings Accounts (HSAs) and Flexible Spending Accounts (FSAs) both help you reduce your taxable income by putting money away for healthcare expenses. However, there are some major differences between the two.
Understanding tax-advantaged healthcare accounts
Fall is open enrollment season for healthcare benefits at many companies. In addition to selecting the right healthcare coverage for yourself and your family, you may also be reviewing your options for healthcare saving and spending.
Health Savings Accounts Offer Triple Tax Savings
Learn about the tax advantages, find out who qualifies for an HSA and compare them to flexible spending accounts.
Is Long-Term Care Insurance Right For You?
The decision to purchase this type of insurance revolves around a number of factors.
