For many parents, back-to-school means juggling a new routine, extracurricular activities, and new school expenses: supplies, field trips, lunch money. The costs add up quickly, but luckily there’s savings available –in unexpected places – if you look hard enough. Take, for instance, your Flexible Spending Account or FSA. Here are five ways to experience FSA… Continue reading FSA Savings 101: 5 Ways to Save
Category: Flexible Spending Accounts
3 Reasons To Offer a P&A Group Flex Spending Account
Flex Spending Accounts are a value-added plan to any employee benefits package. Typically, most companies perform an annual review of their benefits package. During this time, HR departments and business owners evaluate the components of their benefits package. They consider factors like utilization rates, costs and overall value. These factors help guide business decisions for… Continue reading 3 Reasons To Offer a P&A Group Flex Spending Account
P&A Group Mobile App: Built Just for You
Manage your plan(s) easily with the P&A Group mobile app - now available on the App Store and Google Play! You're a busy person and your time is valuable. That's why we built an app specifically with you in mind - one that's helpful and easy to use. The P&A Group mobile app offers easy… Continue reading P&A Group Mobile App: Built Just for You
Why Wait? P&A Group Offers a Mid-Year Plan Takeover
June is here and before we know it the busy fall season will be upon us. But, as we try to savor the summer months, remember you can still make changes now ahead of annual Open Enrollment. P&A Group, a Third Party Administrator or TPA, welcomes clients all year round – even if you’re in… Continue reading Why Wait? P&A Group Offers a Mid-Year Plan Takeover
3 Ways to Reduce Anxiety this Open Enrollment
Practical advice for the everyday worker Open Enrollment only comes once year, and making decisions that will impact your bottom line for the next 12 months can be overwhelming and daunting. Where to start? What to do? According to a research survey conducted by Unum, nearly half of all U.S. workers spend only 30 minutes… Continue reading 3 Ways to Reduce Anxiety this Open Enrollment
Getting Married? How to Change Your FSA Post-Nuptials
Love is in the air and wedding season is in full swing. It’s a time of celebration and happiness for many people – let the good times roll! But wait – don’t forget the necessary practical changes that need to be made during these happy life events. Getting married should prompt you to review your… Continue reading Getting Married? How to Change Your FSA Post-Nuptials
5 Essential FSA Eligible Summer Expenses
Summer is here and we bet you can’t wait to enjoy all the fun activities that happen during this time of year. And, now that summer vacations are coming up, did you know you can use your FSA on items you may already be buying– for vacation, traveling, or just enjoying the nice weather- and save… Continue reading 5 Essential FSA Eligible Summer Expenses
Celebrate National Employee Benefits Day with New Ideas for Open Enrollment
To all benefit professionals, thank you for your dedication to this crucial job! April 2, 2018, marks National Employee Benefits Day, which recognizes all benefit professionals for their commitment to the employee benefits field and the important role they provide in the workplace. Today is an excellent reminder to review your benefits offering and start… Continue reading Celebrate National Employee Benefits Day with New Ideas for Open Enrollment
Last Minute Ways to Use Your FSA Before the Grace Period Deadline 3/15
If your Flexible Spending Account (FSA) plan is on a calendar plan year (January 1 – December 31) and your plan offers the grace period, you have until March 15, 2018 to spend any unused money currently available in your 2017 Health FSA. After March 15, unused money will be forfeited under IRS rules. (Note: your plan also… Continue reading Last Minute Ways to Use Your FSA Before the Grace Period Deadline 3/15
New Inflation-Adjusted Amounts Announced
The IRS announced new inflation-adjusted amounts under the Tax Cuts and Job Act of 2017, which modified the contribution amounts to the below plans. These changes are retroactive to January 1, 2018. Adoption Assistance Flexible Spending Account The maximum amount that may be excluded from an employee's gross income under an employer-provided adoption assistance program… Continue reading New Inflation-Adjusted Amounts Announced