Employee Benefits, Flexible Spending Accounts

Open Enrollment is Here: 3 Ways to Reduce Anxiety

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 or less reviewing their benefits prior… Continue reading Open Enrollment is Here: 3 Ways to Reduce Anxiety

Flexible Spending Accounts, P&A Group

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

P&A Group

P&A Group Releases New Mobile Site Features

With much anticipation, the enhancements to P&A Group's mobile site are now live!  You can check them out by going to www.padmin.com on your mobile phone.  The new upgrade provides greater flexibility and control over managing your account(s).  Users will also experience a smoother navigation with a new easy menu option, as shown below. Mobile Site… Continue reading P&A Group Releases New Mobile Site Features

Flexible Spending Accounts, Health Reimbursement Arrangements, P&A Group

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

Flexible Spending Accounts, P&A Group

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

P&A Group, Retirement Plan Services

You’re Invited! Plan Refresh:  The Impacts of Re-enrollment on Plan Fiduciaries & Participants 

Please join us on March 22 for this FREE webinar! Plan Refresh:  The Impacts of Re-enrollment on Plan Fiduciaries & Participants  This webinar will cover the following: The challenge that plan sponsors and participants face when it comes to contributing to a plan What is a plan refresh? Mapping versus defaulting methodologies Key considerations Common… Continue reading You’re Invited! Plan Refresh:  The Impacts of Re-enrollment on Plan Fiduciaries & Participants 

Flexible Spending Accounts, P&A Group

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

Flexible Spending Accounts, P&A Group

How to Submit a Dependent Daycare FSA Claim

Here is everything you need to know to successfully submit a Dependent Daycare FSA claim for approval. If you need a quick refresher on what the Dependent Daycare Flex Spending Account is, check out this overview. Checklist: Items You Must Include Completed claim form with employee signatureInvoice/receipt from service provider* (see below)If an invoice/receipt from… Continue reading How to Submit a Dependent Daycare FSA Claim

Flexible Spending Accounts, P&A Group

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)