Family-friendly benefits have become essential for employers looking to attract and keep top talent. Companies that support working parents can enhance employee work-life balance, productivity, and job satisfaction. In fact, 94% of companies reported higher employee satisfaction as a result of offering flexibility and/or family-friendly arrangements to employees. Here are
If you’re juggling work and childcare costs, we have news that will make your day – and your budget – a whole lot better: Congress passed a major increase to the annual Dependent Care FSA limit. The One Big Beautiful Bill Act of 2025 (OBBBA 2025) just delivered something working
During enrollment season, people often ask, “Can I have an FSA and HSA at the same time?” Both consumer-directed healthcare benefit accounts are popular, because people want to maximize their tax savings and lower healthcare costs. Let’s take a look at both accounts and see if you can have an
The infographic below details the value of consumer-directed healthcare accounts. Learn more from this overview of HSAs, HRAs, FSAs, and other helpful information. What is a Consumer Directed Healthcare Account? A consumer-directed healthcare (CDH) account is a type of medical savings account that: There are three primary types of CDH
Are you ready for enrollment season? Open enrollment is when you review your benefit options and choose which ones to renew or enroll in for the next year, like health insurance, life insurance, and tax-advantaged healthcare accounts. Whether you sign up for benefits through an employer or enroll through an
In addition to health insurance eligibility, family status changes can impact consumer-directed healthcare accounts. Here’s how mid-year status changes affect FSA and Dependent Care accounts. Can I change my health FSA contributions? Employees may choose FSA participation during open enrollment. This includes deciding on an annual contribution amount up to
Baby Boomers, born between 1946 and 1964, have significantly impacted American society and the workplace. A generation known for hard work and professional loyalty, many were forced to retire early due to pandemic-related concerns. However, many are now re-entering the workforce. Characteristics of the Baby Boomer Generation Although 65 is the
Many of you are familiar with healthcare Flexible Spending Accounts (FSAs). Employees set aside a portion of their pay before taxes are calculated and use the money to pay eligible medical expenses. Less well-known is the Limited-Purpose FSA (LPFSA). Here are 4 things to know about limited-purpose FSAs. What do
