FSA / HSA / HRA

The IRS has now released all of the 2025 benefit limits. These include both the cafeteria and health plan limits as well as all of the qualified retirement plan limits. Earlier this year, they also released the High Deductible Health Plan (HDHP) and Health Savings Account (HSA) limits.

In an era where attracting and retaining employees is paramount to an organization’s success, a Lifestyle Spending Account (LSA) is a valuable addition to employee benefits. LSAs can significantly boost employee engagement by providing flexibility and control over their benefits.

We're often asked if vitamins of any kind (multivitamin, specific vitamins [such as B12, D, or K for example]) or others are eligible for reimbursement under a health care flexible spending account (FSA) or health reimbursement arrangement (HRA).

Spousal Incentive HRAs aren't new. But they're getting new exposure as a means of helping employers control health care costs, increasing employee recruiting and retention, and aiding employees when they have choices between two group health plans to elect a spouse's coverage over the employer's.

As we explained previously, funding for the Patient-Centered Outcomes Research Institute (PCORI) was supposed to end with filings and fees for plan years that began before October 1, 2019. In the words of the great philosopher Emily Litella, “Never mind.”

In a CNBC article, Kushner & Company President Gary Kushner is quoted on the issue of coverage of newer weight-loss prescription drugs in small to mid-sized employers' group health plans.

Almost every organization that sponsors employee benefit plans must file IRS Form 5500. Of course, there are different rules and requirements for 5500s based on the type of plan being reported. In today’s post, we’re going to look at a few of the common questions that we receive about 5500s.

As a time-tested HSA company, Kushner & Company knows that managing a Health Savings Account (HSA) for your employees requires an experienced TPA utilizing modern technology tools for both you and your participants. Here are eleven important questions to ask of your current or prospective TPA.

The IRS has now released all of the 2024 benefit limits. These include both the cafeteria and health plan limits as well as all of the qualified retirement plan limits.

Earlier this year, they also released the High Deductible Health Plan (HDHP) and Health Savings Account (HSA) limits.

When it comes to FSA, HRA, and HSA administration, plans are technical and require significant oversight. But by working with a highly skilled third-party administrator (TPA), employers can be supported in these tasks, assured their plans run smoothly, and in compliance with all requirements.

Employers who maintain a retirement plan for their employees are very familiar with the requirement to file an IRS Form 5500 and associated schedules each year.  However, many employers are unaware that they may also have a 5500 requirement for their health and welfare plans.

With the exponentially growing number of organizations offering Flexible Spending Accounts (FSA), FSA administration has become a common topic in a number of industries. Providing a range of tax advantages for both employers and employees, these plans give options for paying medical expenses.