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
Tag: FSA
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
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
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 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)
Avoid Open Enrollment Scares this Halloween
Open Enrollment can be the stuff nightmares are made of, but it doesn’t have to be. Prepare by staying up to date on your company’s benefit offerings and know the plans that are available to you as a healthcare consumer. Take advantage of P&A’s free tools and learn how Flexible Spending Accounts can complement your… Continue reading Avoid Open Enrollment Scares this Halloween
New Inflation-Adjusted Amounts Released for 2018
Flexible Spending Accounts Health FSA For 2018, the dollar limitation on employee salary reduction contributions to a Health Flexible Spending Account will increase by $50 to $2,650 per plan year. Adoption Assistance FSA The maximum amount that may be excluded from an employee's gross income under an employer-provided adoption assistance program for the adoption of… Continue reading New Inflation-Adjusted Amounts Released for 2018
FSA Online Enrollment Adds Value for P&A Group Clients
What exactly does online enrollment entail? It’s easy. First, let your renewal rep know that you want to use the online enrollment platform. Next, determine the window of dates you want online enrollment to be available to your employees. Then, we’ll provide you with a file template asking for your employees’ main demographic info. All… Continue reading FSA Online Enrollment Adds Value for P&A Group Clients
School’s Out for Summer: Save on Summer Daycare with Your FSA
Summer is here (finally!) and many families are settling into new routines, carefully planning summer vacations around work schedules and commitments. It’s no doubt a busy time of year for people - especially working parents who have to worry about child care. Luckily, there’s some financial relief available for summer child care costs through Dependent Daycare… Continue reading School’s Out for Summer: Save on Summer Daycare with Your FSA