Next week is the last full week of December. The nation takes a cup of cheer and stocks up on presents, laughs and joy for the coming year. In the middle of it all, there is the underlying sense that life still has to keep moving forward apart from the holidays. The dog still needs… Read More
BRiBlog
Sharing Information & Opinions on Tax-Free Health & Commuter Benefits
Trying to stay healthy during the holidays?
“I will stay healthy during the holidays.” This simple phrase can feel like a personal mission for many of us. Your pre-tax benefits might provide a little help along the way. Allow us to explain. While cough medicine, vitamins and other over-the-counter medicines require a prescription to be eligible from a pre-tax account, your pre-tax… Read More
Commuter Benefits and HSAs: Two of a Kind
Commuter Benefits and Health Savings Accounts (HSAs)? You might ask yourself, “What do they have in common?” One is for workplace commuting. The other is for eligible medical expenses. Clearly, that is not the connection. But, Commuter Benefits and HSAs actually share at least 3 common traits (in addition to the tax advantages) to make… Read More
Do you have the right COBRA Resources?
A few months ago, we gave our LinkedIn followers a pop quiz on COBRA. Do you know the answer? What does COBRA stand for? A. Comprehensive Omnibus Budget Reconciliation Act B. Consolidated Omnibus Budget Reconciliation Act C. Comprehensive Omnibus Benefit Reconciliation Act D. Consolidated Omnibus Benefit Reconciliation Act If you answered correctly (B), you’re among… Read More
Were you “sniffed” this year?
We all know at a fundamental level that discrimination is a bad thing. So, non-discrimination testing must naturally exist to verify that you are not discriminating against employees. First reactions might be…”Non-discrimination testing? We don’t need that. We treat all employees the same regardless of gender, race or other protected classes.” Unfortunately, when it comes… Read More
The intersection of health, technology and benefits
From diagnostics and monitoring devices to wearables, the IRS has made sure there is a way for everyone to support their health with technology this season. What can your tax-free health account get you this year? More accurate monitoring A pulse oximeter for when you’re out of breath… For those with conditions like asthma, pneumonia,… Read More
COBRA Open Enrollment? It’s a thing. Honest.
So, you think you have COBRA under control. Then, you hear a whisper at Aunt Sally’s holiday party, “I just got my COBRA Open Enrollment packet.” “COBRA Open Enrollment packet?” [Long pause….] “Ummm….what?” You heard right. COBRA participants have the right to a COBRA Open Enrollment period. What is COBRA Open Enrollment? COBRA Open Enrollment… Read More
The 7 deadly sins of Open Enrollment
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. Is your company guilty of committing any of the seven deadly sins of Open Enrollment? If so, find out… Read More
4 ways to survive commuting during the holidays ⛄
Commuting during the holidays presents a unique set of challenges. Hours of operation might be shortened or regular routes might be changed or temporarily unavailable. Unexpected delays from weather are more frequent and can make it feel impossible to arrive on time. (No matter how early you leave). Finally, there’s the element of determining how… Read More
2019 Pre-tax Limits Announced
The IRS released the 2019 pre-tax limits for Mass Transit, Parking, Medical FSA and Adoption Assistance. The limits are effective for plan years that begin on/or after January 1, 2019. 2019 Mass Transit and Parking Limits Maximum Election: $265 / month (up from $260 / month in 2018) 2019 Medical FSA Limit Maximum Annual Limit: $2,700 (up… Read More
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