June is here – finally! - 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 welcomes clients all year round – even if you’re in the middle of… Continue reading Why Wait? Get Better Service Now When You Switch to P&A Group
Category: Flexible Spending Accounts
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 Must Have FSA Items this Summer
Summer’s unofficial opening weekend is almost here and we bet you can’t wait to enjoy all things summer – finally! And, now that summer vacation is almost within reach, did you know you can use your FSA on items you may already be using – for vacation, traveling, or just enjoying the nice weather- and SAVE… Continue reading 5 Essential Must Have FSA Items this Summer
Celebrate National Employee Benefits Day with New Ideas for Open Enrollment
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 int the workplace. To all benefit professionals, thank you for your dedication to this crucial job! At P&A Group, we understand the pressures and challenges employers and brokers… 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
Your Guide to Submitting a Dependent Day Care FSA Claim
Here is everything you need to know to successfully submit a Dependent Day Care FSA claim for approval. The following items must be provided with your claim submission: Completed claim form with employee signature Invoice/receipt from service provider* (see below) If an invoice/receipt from your provider is unavailable or does not include all the information… Continue reading Your Guide to Submitting a Dependent Day Care FSA Claim
New Year, Healthier You? (Surprisingly eligible FSA items to help with your New Year goals)
With the first month of the new year almost behind us, how are you doing? Have you stayed on track with your 2018 goals and promises to yourself, or have you veered off path, maybe even refrained altogether from making any #goals? Whether you’re on the “new year, new you” bandwagon or not, FSA Store… Continue reading New Year, Healthier You? (Surprisingly eligible FSA items to help with your New Year goals)
Need to Spend Your Health Flexible Spending Account by the End of the Year? Make the Most of December!
If your Flexible Spending Account (FSA) plan year ends December 31, or if you’re just looking for some ways to use your account, here are some ideas. Squeeze in any medical or dental appointments, if you can. Have you been putting off a physical? Is your child(ren) or spouse overdue for a checkup? Schedule those… Continue reading Need to Spend Your Health Flexible Spending Account by the End of the Year? Make the Most of December!