UPDATE 3/10/2021: The American Rescue Plan Act has now passed the House and Senate. It is headed to President Biden’s desk for signature. It is expected to be signed into law by Friday, March 12, 2021. According to a recent SHRM article, employers can expect a government funded COBRA subsidy to shortly be a reality…. Read More
BRiBlog
Sharing Information & Opinions on Tax-Free Health & Commuter Benefits
3 products you should stop buying with your FSA
FSAs are one of the most popular pre-tax benefits in United States. In 2019, more than 68% of employees had enrolled in the account*. Given this fact, it may come as a surprise that there are limits on what can be purchased through an FSA. While certain spending avenues were opened after reform healthcare reform… Read More
Your Official HRA VEBA Guide
Are you looking for answers about why your company might want to offer an HRA VEBA? BRI’s HRA VEBA Guide is specifically isĀ tailored to employers in the public sector, covering: how public sector entities can take advantage the account the most common ways to fund the account the importance of differentiating between active and retired… Read More
Dear Valued Participant, we’re here for you
BRI Participant Services connects with thousands of valued employees every month. Call topics range from account login troubleshooting to eligibility confusion questions to claim inquiries. They hear it all! At BRI, we actively invest in our participants’ health and wellbeing. We strive every day to create the resources you need to maximize your savings and… Read More
Anatomy of an HSA
Welcome to BRI’s Anatomy of an HSA – class is now in session! Today we answer questions such as: What is a Health Savings Account (HSA)? Are you eligible? Why are HSAs so great? What do the studies show? Why is an HSA worthy of your time and attention? Are you ready to dive into… Read More
Our Favorite Specialty Accounts
We love touting all the reasons pre-tax benefit accounts are basically the best thing since sliced bread, but today weāre talking about specialty accounts. These are typically post-tax reimbursement accounts that are a desirable benefit for participants. Wellness reimbursement and tuition reimbursements are probably some of the most common specialty accounts, but there are so… Read More
Help your employees better understand pre-tax benefits
We analyzed our website to determine what pages employees were visiting the most in 2020. By doing so, we hope that it will help you assist your employees in finding the resources they need. As a result, this should help them better understand pre-tax benefits and how to effectively use their accounts. Benefits and COVID-19… Read More
An Ode to HSAs in 5 PartsĀ
Health Savings Accounts (HSAs) are basically the hot new(ish) accessory in the benefits world these days. We are here to sing the praises of HSAs in five parts: You keep your funds forever We did a quick Q&A with Squints from The Sandlot about HSAs: BRI: So, Squints, how long do you get to keep… Read More
Why a 401(k) & HSA make the perfect power couple
It’s February, which means love is in the air. If you’ve already finished the first season of Bridgerton on Netflix and are looking for another love story to dive into, we’re here to tell you about a love story for the ages: a 401(k) & HSA. This power couple gives David and Victoria Beckham a… Read More
Retiree billingā How employers can work smarter, not harder
The coronavirus pandemic introduced many of us to new terminology, from furlough and continuation coverage to COBRA and direct billing. We’ve discussed COBRA and furlough in the past. Today we are going to take a closer look at direct billing. And more specifically, the retiree billing aspect of direct billing. What is direct billing? Direct… Read More
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