P&A is kicking off 2023 with the announcement of several new initiatives, including a new HSA platform, WealthCare Saver! P&A’s WealthCareSaver option for HSA participants expands on our existing HSA offering by providing new investment options, real-time trading, and fractional trading. The new platform will elevate the HSA participant experience. Key Benefits of P&A’s…
P&A Group Insurance COBRA Clients will see changes to the monthly fee invoice effective with the January 1, 2023, billing cycle. The adjustments are currently live and will be shown on your next COBRA fee invoice. These changes were made with clients’ input and suggestions. Here are some of the changes we implemented from…
Effective February 2023, P&A Reimbursement Accounts will see some changes to the administrative fee invoice process. These changes apply to all FSA, HRA, HSA, Lifestyle Spending Account and Commuter Benefit clients. Please see a summary of the fee invoice changes below. Changes to Fee Invoice Dates The fee invoice will now be issued…
Somehow 2022 is coming to an end and we are on the brink of another New Year. As we reflect on 2022, we are reminded of the great partnerships we have and want to take a moment to say thank you. We value your trust in us to administer your benefit plans and are…
HR professionals often have their plates full of juggling different facets of their important roles. On top of that, Open Enrollment can be a traditionally hectic time as companies prepare to roll out next year’s benefit options to their employees and COBRA continuants. At P&A, we support employers however we can, whether through guided…
On October 21, 2022, the IRS announced inflation adjusted amounts for 2023 retirement plans. Among the bigger changes – contribution limits to 401(k), 403(b) and 457 Plans are experiencing a big jump for 2023. Below is an outline of the 2023 contribution limits for retirement plans effective January 1, 2023. 401(k), 403(b), 457 Plans…