Employee Benefit & Consumer Driven Healthcare
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THE RETURN to the office is well under way, just as summer in the northern hemisphere begins. Pretty soon, people will be able to resume the habit of staring wistfully out of the window, hoping it will still be sunny at the weekend. As many workers embrace a hybrid pattern, perhaps commuting 2-3 days a…
Transit / Transportation Company Benefit Up to $260/month* for transit benefit expenses The Commuter Transit Account / Transportation company benefit is a pre-tax benefit account used to pay for public transit—including train, subway, light rail, bus, and ferry—as part of
Flexible Spending Account, Health Reimbursement Arraignments, & Health Savings Account Comparison The chart below is a brief comparison of the various components of each of these important health care options. Description FSA HRA HSA History IRS Code … more
Benefit to Employee HOW DOES THE EMPLOYEE BENEFIT? The employee can choose to participate in the plan or not. If the employee participates in the plan part of his/her taxable wage is converted into tax-free benefits. This can be a big tax savings for the employee and … more