Give thanks text sign, Happy Thanksgiving greeting card. Pumpkins, candle, golden lights ,autumn leaves, corn, nuts, cinnamon on yellow knitted sweater. Cozy autumn image November – a time of reflection and gratitude; an appreciation for our blessings and our setbacks (for they sometimes offer the best lessons). While many people are in the middle of…
The IRS 2020 contribution limits were released on November 6, 2019. Here’s what’s changing for certain employee benefit plans beginning January 1, 2020. 2020 Contribution Limits for FSAs Health FSA For 2020, the Health Flexible Spending Account annual maximum contribution will increase by $50 to $2,750 per plan year. Adoption…
Determining product eligibility just got a little easier thanks to EZ Scan, the eligibility tracker. Using EZ Scan, participants can scan the barcode of any product to see if it’s an eligible or ineligible expense. So, the next time you’re at a store and wondering if the products in your cart can be purchased…
Enrolling in an Adoption FSA can save you significant money on adoption expenses. One of the biggest challenges facing families who are considering adoption is the cost. According to sources, parents can expect to spend at least $40,000 adopting one child. Luckily, resources like an Adoption Assistance FSA can help reduce expenses. If you’re not…
Silhouettes of diverse business team members working together over skyscraper background with double exposure of social network hologram. HR concept. Toned image FSA Open Enrollment is in full swing for many employers and employee communication is more important than ever. Effective employee communication impacts employee satisfaction by reducing uncertainty and confusion. But,…
Effective 2020, most New Jersey employers will be required to offer a pre-tax parking and transit plan. How to get to and from work can be challenging and expensive for many workers. In order to ease the financial burden of commuting, many employers offer a pre-tax commuter benefits program for employees – also known as…