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26 Aug
Empowering Millennials: Building a Competitive Benefits Package
Posted: August 26, 2024
Today’s workforce is a mix of generations, but you can’t afford to overlook Millennials, the largest generation in the workforce. Known for their flexibility and problem-solving skills, Millennials bring a powerful combination of experience and value to any company. Millennials, also known as Generation Y, are a driving force in today’s job market. This generation […]
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05 Aug
Understand Your Spending Power: What You Can Buy with Your FSA, HSA, or HRA
Posted: August 5, 2024
Medical expense accounts can help you save on all kinds of healthcare costs. Here are some you may not know about yet. HSA, FSA, and HRA can typically be used for: Medical expenses: Doctor visits, surgeries, prescriptions, dental and vision care, and mental health services. Over-the-counter (OTC) medications: Many OTC medications, including pain relievers, allergy […]
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02 Aug
Navigating the Alphabet Soup: HRAs, HSAs, and FSAs Explained
Posted: August 2, 2024
Managing healthcare costs can feel like deciphering a complex code. Three acronyms frequently pop up: HSAs, HRAs, and FSAs. But what exactly do they mean, and which one is right for you? Let’s break down these accounts and explore how they can help you save on qualified medical expenses. Understanding the Accounts: Health Savings Accounts […]
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29 Jul
Empowering Gen X: Building a Competitive Benefits Package
Posted: July 29, 2024
Today’s workforce is a mix of generations, and Gen X is a group you can’t afford to overlook. Known for their flexibility and problem-solving skills, Gen X employees bring a powerful combination of experience and value to any company. Gen X, those born between 1965 and 1980, makes up a significant chunk (27%) of today’s […]
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15 Jul
HSAs Made Easy: Learn the Essentials & Protect Your Savings from Mistakes
Posted: July 15, 2024
Health savings accounts (HSAs) have become a vital part of many employers’ benefits packages, offering employees a powerful tool to manage healthcare expenses while benefiting from tax advantages. However, managing HSAs goes beyond just facilitating contributions. It also involves understanding and addressing mistakes with distributions that employees might encounter. This article delves into the basics […]
Innovative Insurance Group