Seven Facts Employees Should Know About FSAs and HSAs During Enrollment Season

Benefits enrollment season is a time for making important decisions regarding healthcare expenses for you and your family. In addition to health insurance options, many companies sponsor tax-advantaged healthcare accounts, like Flexible Spending Accounts (FSAs) or Health Savings Accounts (HSAs). FSAs and HSAs are popular because you can save money on taxes while setting aside … Read more…

What is an LPFSA?

What is an LPFSA?

You’re familiar with healthcare Flexible Spending Accounts (FSAs), with which you can set aside money from your paycheck pre-tax (before payroll taxes are calculated) to use in paying eligible medical expenses. You may not be as familiar, though, with the Limited-Purpose FSA (LPFSA). What is an LPFSA? An LPFSA is an option made available by … Read more…