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Webinar: How HDHPCan Set Employees Up for Financial Success

Webinar: How HDHPCan Set Employees Up for Financial Success

A common fear among employees can be that High Deductible Health Plans (HDHPs) expose them to too much risk. However, this misconception misses the near-certain long-term losses that come with not choosing a HDHP that includes an HSA. What employees are often missing is a full knowledge of the long-term financial impacts and risks associated with enrolling in an HDHP paired with HSA savings strategy, compared to a more traditional, low deductible PPO option. Employer contributions to HSAs can also set employees up for financial success and retirement readiness.

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HSA 2023 Dollar Limits

HSA 2023 Dollar Limits

The IRS has released the 2023  Health Savings Account (HSA) inflation adjustments. To be eligible to make HSA contributions, an individual must be covered under a high deductible health plan (HDHP) and meet certain other eligibility requirements. New HSA 2023 limits...

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Winter Action Plan to Battle COVID-19

Winter Action Plan to Battle COVID-19

The Biden administration issued a nine-pronged plan to combat COVID-19 as the winter months approach and the new Omicron variant poses risk of new infections. Click below to learn about the aspects of the plan that will affect employers and group health plans.

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FEDERAL JAN 1st SMALL GROUP ANNUAL OPEN ENROLLMENT WAIVER

FEDERAL JAN 1st SMALL GROUP ANNUAL OPEN ENROLLMENT WAIVER

A little-known requirement but most important under the Affordable Care Act (ACA) is for Health Insurers must waive their minimum employer-contribution and employee-participation rules once a year. ACA requires a one-month Special Open Enrollment Window for January 1st coverage. FEDERAL JAN 1st SMALL GROUP ANNUAL OPEN ENROLLMENT WAIVER. For more help w/Special Open Enrollment Window info@medicalsolutionscorp.com or (855)667-4621

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Employee Retention Tax Credits

Employee Retention Tax Credits

You may be eligible for the Employee Retention Tax Credit (really!) The #ERTC may seem complex if you’re using a PEO but it’s simplified and a hidden goldmine. #payroll #cashflowmanagement #bookkeeping #finance
≈ under CARES ACT have been available for #SMB yet there has been confusion. Learn and call (855)667-4621. #caresact #payroll

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Preparing for a Telehealth Visit

Preparing for a Telehealth Visit

Amid the COVID-19 pandemic, telehealth (or telemedicine)—healthcare via phone, email, video, and other technologies—is moving from a trend to the mainstream.  Virtual doctor’s appointments are nothing new, but they’re certainly becoming more popular. Have you reaped...

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2021 Dollar Limits

2021 Dollar Limits

  The IRS & SSA announced the 2021 dollar limits for various benefits and compensation levels for retirement plans and IRAs. There are incremental changes but nonetheless worth bookmarking.   The contributions and retirement benefits for qualified...

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