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Health Savings Accounts: Frequently Asked Questions

November 18, 2019

  Health Savings Accounts (HSAs) are tax-favored accounts that can be established by individuals who are covered by high-deductible health plans (HDHPs), and the funds that are contributed to HSAs can be used to pay for certain medical expenses. Employees and employers alike utilize HSAs as a means of funding health care costs and advancing …

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California Enacts New FSA Notification Requirement

November 18, 2019

  California recently enacted a new law, AB 1554, which imposes a notice requirement on employers who have California employees that participate in a health care flexible spending account (FSA), a dependent care FSA, or an adoption assistance FSA.   This new law is effective January 1, 2020.   Claim Submission Deadline Requirement Whether or …

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Fall Protection Gear Recalled: Stop Use Immediately

November 15, 2019

November 15, 2019   Pure Safety Group has issued a recall of fall protection gear. Pure Safety Group (PSG) has recalled Guardian Fall Protection and Web Device 3- Way Rescue and Retrieval Self-Retracting Lifeline (SRL) units.   Continue reading here…

IRS Announces 2020 Health FSA Limit

November 7, 2019

  Benefits Brief November 2019   Open Enrollment Checklist For employers operating their group health plans on a calendar year basis, now is the time of the year to prepare for open enrollment with respect to group health and welfare benefits.  Typically, the focus is on evaluating the services and performance of vendors, renewing rates …

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