Pre-Tax Benefits Don’t Have to be Scary
It’s that time of year again! The leaves are changing color, the air is getting cooler, and ghosts, goblins, and witches are getting ready to come out and play. But, there’s one thing that doesn’t have to be scary this Halloween —your pre-tax benefits! Commuter benefits, flexible spending accounts, dependent care, and health savings accounts […]
A Generational Overview of Employee Benefits
As the workforce evolves, so do the expectations of employees. While benefits have always been an important part of attracting and retaining employees, the types of benefits that are most important to employees vary by generation. In order to attract and retain the best talent, employers need to be aware of what each generation is […]
2023 Contribution Limits Announced for FSA and Commuter
The IRS released the 2023 contribution limits for Mass Transit and Parking, Medical FSA, and Adoption Assistance in Revenue Procedure 2022-38. The limits are effective for plan years that begin on or after January 1, 2023. 2023 CONTRIBUTION LIMIT: MASS TRANSIT AND PARKING Maximum Election: $300 / month (up from $280 / month in 2022) 2023 […]
The Pros and Cons of EMV Credit Cards
In recent years, credit cards with a chip have become increasingly popular. This is because they are seen as more secure than traditional credit cards. While this is true, there are also some disadvantages to using credit cards with a chip. In this blog post, we will take a look at the pros and cons […]
7 Common Open Enrollment Mistakes
Enrolling in benefits is far from a pleasant task. For employees, it can often feel like there is too little time and too many choices. For employers, it can feel like they have to wrangle cats. If Open Enrollment has felt too overwhelming, perhaps you’re doing it the hard way. Find out what you can […]
REGISTER FOR OUR UPCOMING WEBINAR: CHILD CARE LANDSCAPE – FAMILY CHALLENGES AND EMPLOYER SOLUTIONS
Join Benefit Resource (BRI) for our webinar, Tuesday, September 20th at 2:00 pm EDT It’s no secret that working parents struggle to find and secure the child care they need to work and with inventory declines and price increases at care centers across the country the impact on families and your bottom line is larger than ever. […]
Your Cheat Sheet for Open Enrollment
There are a lot of different benefits plans out there, and choosing the right one can sometimes feel like gambling. But with BRI’s help, you’ll be able to make the choice that works best for you. BRI’s VP of Strategy, Becky Seefeldt, put together a cheat sheet for Open Enrollment with Employee Benefit News. This […]
Maintaining A Healthy Lifestyle At Work
During the week, we spend a lot of our time at work, which can make it a bit challenging to follow consistent healthy habits. Finding a way to incorporate wellness into your entire daily routine will allow you to improve your overall well-being in and out of the office. Experts say that maintaining a healthy […]
It’s Time to Check-In on your FSA Funds
It’s July, and that means we’re already halfway through 2022! If you have a Flexible Spending Account (FSA), you probably have some funds to spend before the end of the year. Now is a great time to check in on your FSA funds and other pre-tax accounts. It’s not too late to start planning how to spend […]
Eligible Expenses to Help Beat the Heat
As the weather heats up, so do the prices on many summertime necessities. Beat the heat this summer by taking advantage of your FSA or HSA to purchase eligible items. Many people don’t realize that their Flexible Spending Account (FSA) or Health Savings Account (HSA) can be used on various health-related purchases beyond doctor visits […]
Employee Benefits Communication Mistakes and How to Avoid Them
When it comes to employee benefits, communication is key. However, many employers still make common communication mistakes that can have a negative impact on how their employees view their benefits. Here are some of the most common mistakes employers make regarding employee benefits and how to avoid them: Communication mistake: Providing too much information at […]
Register for Our Upcoming Webinar: Legislative Check-in – What You Need to Know Regarding Employee Benefits
Join Benefit Resource (BRI) for our webinar, Thursday, June 2nd at 11 am EDT There are so many things to take our attention these days, that it is easy to overlook the less intensive world of employee benefits. In this 45-minute webinar, we will explore some of the key legislative and regulatory issues affecting employee benefits, including: […]
Register for Our Upcoming Webinar: How to Keep Participants Informed All Year Long
Join Benefit Resource (BRI) for our webinar, Tuesday, April 26th at 11 am EDT We live in a world where personalization is everything, and benefits should be no exception. As employees continue to demand more from their employers both digitally and physically, companies must find ways to elevate their benefits offerings. Open enrollment is likely in the […]
Help Employees Use Pre-tax Funds to Save for a New Baby
The cost of having a baby can be overwhelming, even if you have insurance. However, there are ways for employees and employers alike to help make it more affordable. BRI’s VP of Strategy, Becky Seefeldt recently shared her thoughts with BenefitsPRO. It can be hard to manage the things needed to welcome the newest family […]
17 Surprising Ways to Use your Medical FSA Funds
Health and medical expenses are covered by a Flexible Spending Account or Medical FSA to promote general well-being. These accounts are used to cover health and medical expenses both for you and your dependents (usually children). Take advantage of your pre-tax benefits this year! You may be able to save on routine expenses, like preventative […]
BRI is Your “Lucky Charm” for Great Benefits
Here at BRI, there are a few things that many of us enjoy. (A lot.) Health and Wellness, Schitt’s Creek…and obviously celebrating St. Patrick’s Day! As you prep your corned beef and cabbage, let’s take a brief moment to reflect on a few things we’re lucky to have. Our Clients, Partners, and most of all…our […]
Your Tax Guide to Pre-tax Benefit Accounts
The name alone – “pre-tax benefit accounts” – implies there might be tax implications. However, you might be surprised to learn there are little or no tax consequences for most of these benefits. Use these simple tips as your tax guide to pre-tax benefit accounts. (And how much effort you’ll have to put in before […]
Finding an Effective Smoking Cessation Program
Most smokers (68 percent) want to quit. However, quitting smoking can present a set of challenges that often result in an extended journey to overcome the addiction. According to the CDC, there are more former smokers in the U.S. today than people who currently smoke. But, the path to successfully quitting can be an uphill […]
What is Substantiation and Why is it Required?
You went to the local pharmacy, picked up your medicine, and then received a request for substantiation a few days later. If you’ve ever wondered, “what is substantiation and why is it required?” you’re not alone. Let’s start with the basics. What is substantiation? Within the tax code, there is a rule that states every […]
Are There Tax Documents for Your Pre-Tax Benefits?
Benefit Resource (BRI) has been simplifying benefits for 30 years. We’re here to provide you with a short guide to help you understand the required tax documents for your pre-tax benefits. HSA A Health Savings Account (HSA) is a savings account that provides tax-free contributions and potential tax deductions for qualified medical expenses incurred by […]
What’s In and What’s Out: Review of Expiring Legislative Relief and Looking Ahead to 2022
Sometimes change comes roaring in with a big splash and flashing lights. But other times, change comes quietly. You have to read the fine print to even know that it is happening. This is where many Human Resources professionals find themselves these days as they try to navigate modifications to their benefit plans and the […]
Spend Down Your FSA Funds
Benefit Resource (BRI) is here with some helpful tips to consider regarding your FSA funds, so you don’t lose your money. As the end of 2021 and the plan year looms, it’s crucial to consider what you can do with any remaining funds in your Flexible Spending Account (FSA). Most of the funds in your FSA […]
2022 Contribution Limits Announced For FSA and Commuter
The IRS released the 2022 contribution limits for Mass Transit, Parking, Medical FSA, and Adoption Assistance in Revenue Procedure 2021-45. The limits are effective for plan years that begin on or after January 1, 2022. 2022 CONTRIBUTION LIMIT: MASS TRANSIT AND PARKING Maximum Election: $280 / month (up from $270 / month in 2021) 2022 […]
Finding an Effective Drug Addiction Program
Does your benefit plan include a drug addiction program and solutions for employees? Drug overdose deaths have tripled since 1990. Nearly 21 million Americans struggle with addiction, but only 10% receive treatment. However, seeking recovery can present challenges that often result in an extended journey to overcome the addiction. Addictions can destroy careers, marriages, friendships, […]
