Get on Top of Nondiscrimination Testing

Woman hiding behind an object just showing eyes and hands

It’s that time of year… No, not Halloween, but even scarier – nondiscrimination testing time! While there are different schools of thought on when to test your cafeteria plans, the bottom line is the IRS requires that your plans have passed all testing by the last day of the plan year. Many employers wait until final… [Read More]

Health Savings Accounts – the Tax Advantage Triple Threat

Health Savings Accounts – the Tax Advantage Triple Threat

As Tax Day comes and goes every year, it makes me think of the money I owe Uncle Sam and if I did everything I could to reduce my taxable income, like take advantage of any pre-tax benefit options available to me through my employer-sponsored programs. Did you know that Health Savings Accounts (HSAs) can… [Read More]

It’s That Time of Year – Use It or Lose It!

It s That Time of Year - Use It or Lose It

5 scary words for FSA participants – “use it or lose it.” Are your employees scrambling for some last-minute ideas on how to spend their FSA money? Fortunately, for plan sponsors who have implemented either the 2½-month grace period or the $500 rollover features, these 5 words are a bit less intimidating than they used to… [Read More]

Can We Stop the Obamacare Meltdown?


Desperation seems to be setting in as President Obama’s signature legislation crashes and burns. I watched a CBS News feature on Tuesday morning highlighting a 56% increase in the Tennessee market as Blue Cross Blue Shield’s market exit leaves only one insurer in that market. The same is true in Arizona with increases over 100%…. [Read More]

Interesting Facts You Probably Didn’t Know About HSAs

Healthcare Cost  Medical  Health Coverage

With each passing year, more employers are moving to high deductible health plans as the model of choice in managing healthcare spend. Not only are one third of large employers already offering them as the only option, even a major law firm client recently adopted the model in an effort to strategically combat healthcare inflation…. [Read More]