Tag: Employer News

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What Happens to Your Unused FSA Dollars?

Flexible spending accounts (FSAs) are great for expenses like prescription drugs, eyeglasses, and doctor’s appointments. However, when individuals do not use all their funds, they typically lose their remaining account balances. So where does all of that unused money ultimately go? More often than not, it goes straight to the employer to pay for very…

Quiet Quitting: What Is It and What Can You Do About It?

Hustle culture is out. Quiet quitting is in. Quiet quitting is a viral new term that describes the act of only working within your job description.  What is quiet quitting? Quiet quitting is not really about quitting. It’s more of a philosophy for doing the bare minimum at your job. Introduced on TikTok, quiet quitting…

Benefits of Having an HSA: The Triple Tax Advantage

Tax Benefits of Health Savings Accounts (HSA) Did you know that tax advantages are considered the most significant benefit of an HSA account? While 401(k)s, 403(b)s, and individual retirement accounts (IRAs) provide some tax advantages, like tax savings at either the time of the contribution or at withdrawal, they do not offer both. HSAs, however,…