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Employee Benefits Service PrimePay

WebSave big with PrimePay’s Benefit Services. 66 percent of consumers say planning for out-of-pocket medical costs is challenging. Erase those fears by offering consumer driven …

Actived: 6 days ago

URL: https://primepay.com/managed-services/benefits-services/

How to Know If Your Employee Is HSA Eligible

WebIn general, an individual is eligible to contribute to an HSA if they are covered under a qualifying high-deductible health plan (QHDHP) with no impermissible coverage, cannot …

Category:  Health Go Health

Pre-Tax Benefits: Everything You Need to Know

WebThe 2019 annual maximum contribution amount for singles is $3,500, which can equate to $700 in savings. For families, $7,000 is the 2019 annual maximum contribution limit, …

Category:  Health Go Health

HSA Contribution Limits for 2024

WebThe IRS recently announced the updated Health Savings Account (HSA) contribution limits for 2024 along with the adjusted limits for corresponding High-Deductible Health Plans …

Category:  Health Go Health

Employee Benefits Administration Software PrimePay

WebBenefits Administration Software. Benefits Administration can be highly frustrating and complex. But it can also be highly automated, collaborative, and efficient. PrimePay …

Category:  Health Go Health

How to Calculate Full-Time Equivalent Employees under the ACA

WebStep 1: Determine the number of full-time employees who work 30+ hours per week per month during the measurement period. Step 2: Determine the total part-time and …

Category:  Health Go Health

What Benefit Plans are Subject to ERISA

WebWhat is ERISA? ERISA is a comprehensive federal law that regulates pension, health and welfare, and other employee benefits. It was primarily designed to protect employees’ …

Category:  Health Go Health

What’s the Difference Between an HRA and a QSEHRA

Web3 Additional Resources. At first glance, the only difference between Health Reimbursement Arrangements (HRAs) and Qualified Small Employer HRAs (QSEHRAs) are the three …

Category:  Health Go Health

The Most Popular Pre-Tax Health Accounts

WebThe Most Popular Pre-Tax Health Accounts. Health insurance premiums are on the rise, making it difficult for small businesses to continue to provide and pay for insurance. …

Category:  Health Go Health

8 Commonly Asked Questions About Flexible Spending Accounts

Web8 Commonly Asked Questions About Flexible Spending Accounts. Giving your employees the ability to put away pre-tax dollars for medical and dependent care expenses is a …

Category:  Medical Go Health

Health Reimbursement Arrangements (HRA): Which One Should I …

WebA Limited-Purpose HRA may only reimburse vision, dental and preventative care expenses. An employer can offer this type of HRA in conjunction with a group HDHP. This type of …

Category:  Health Go Health

FSA Contribution Limits for 2024

WebGood news for your employees with Flexible Spending Accounts (FSA): the contribution limit has increased. The Internal Revenue Service (IRS) released the annual cost-of-living …

Category:  Health Go Health

Salary Paycheck Calculator To Find Your Take-Home Pay

WebUsing our salary paycheck calculator is quick and easy. Just input your general information, federal and state information (including filing status and allowances), and any voluntary …

Category:  Health Go Health

HR & Payroll Compliance Services PrimePay

WebIn just three steps, PrimePay can help you ensure equality and compliance with NDT. Additionally, we promise: Secure transmission of all data, ensuring the security of private …

Category:  Health Go Health

6 Key Components of a Cafeteria Plan

WebA cafeteria plan allows an employee to pay for certain benefits from gross pay, before federal income taxes, Social Security taxes, and, in most cases, state income taxes are …

Category:  Health Go Health

3 Things to Know About Premium Only Plans

WebHere are three things you should know about these plans. 1. Cash-out provision. POPs can include a cash-out provision for employees electing not to receive coverage under the …

Category:  Health Go Health

What’s the Difference Between Forms 1094 & 1095

WebDeadline: Similar to Form 1094, ALEs must file Form 1095 on or before February 28 if filing on paper and March 31 if filing electronically. 1095-B vs. 1095-C: If you provide fully …

Category:  Health Go Health

ERISA 101: Plans, Compliance, & Mistakes to Avoid

WebCheck out the latest ERISA penalties. Failure to file Form 5500 may cost $2,194 per day. Failure to furnish information requested by the DOL is a penalty of $156 per day, not to …

Category:  Health Go Health

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