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Distinguishing the most common types of FSA plans

Distinguishing the most common types of FSA plans

As you may know, a Flexible Spending Account, or FSA, is an account for you to set aside pre-tax dollars to pay for eligible medical, dental, and vision expenses. But did you know there are different types of FSA plans? The first is a Dependent Care FSA, which is...

Benefits of investing in an HRA

Benefits of investing in an HRA

A Health Reimbursement Arrangement (HRA) is an account funded by your employer that helps pay for qualified medical expenses acquired throughout a plan year. Here’s how you can benefit by participating in one. You can use HRA account fund dollars to pay for doctor...

IRS Announces 2023 HSA and HDHP limit increase

IRS Announces 2023 HSA and HDHP limit increase

This week, the IRS released 2023 cost-of-living adjusted limits for health savings accounts (HSAs), high-deductible health plans (HDHPs), and excepted benefit health reimbursement arrangements (EBHRAs). All of these limits have increased from 2022. Everything you need...

10 items you didn’t know were FSA-eligible

10 items you didn’t know were FSA-eligible

As you may know, anyone who has a flexible spending account (FSA), can use their contributions to cover doctor visits (preventative, primary care, and specialists) and prescriptions. However, what you might not know is that any saved FSA dollars can also cover these...

What to know about the Kansas Targeted Employment Act

What to know about the Kansas Targeted Employment Act

The Kansas Targeted Employment Act is enacted to incentivize employers to employ people with developmental disabilities in Kansas. For tax years 2022 through 2027, there will be a credit allowed against income, privilege, or premium tax liabilities imposed upon a...

Spouse Saver HRA: What it is and how it works  

Spouse Saver HRA: What it is and how it works  

A Spouse Saver Health Reimbursement Arrangement (HRA) helps cover up to 100 percent of out-of-pocket expenses like copays, coinsurance, and deductibles during doctor and hospital visits incurred by an employee’s spouse.  This cost-saving resource is possible once...

HSA amounts continue to rise: Why it’s time to invest in one  

HSA amounts continue to rise: Why it’s time to invest in one  

The calendar has flipped to April, and consumers have already saved up to $100 billion using Health Savings Accounts (HSA) this year, per Devenir, an HSA investment consultant. As these numbers continue to soar, the time to invest in an HSA is now. Here are three,...

NueSynergy wins APEX Award at Alegeus Client Success Summit

NueSynergy wins APEX Award at Alegeus Client Success Summit

NueSynergy attained excellent results in operational efficiency while taking home an APEX award at the 2022 Alegeus Client Success Summit in Nashville from April 3-6. The APEX award recognizes client success across growth, innovation, and partnership excellence. It is...

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NueSynergy's Director of Central and Southeast Sales will be in Austin May 23-25

NueSynergy’s Director of Central and Southeast Sales will be in Austin May 23-25

NueSynergy is making its second sales trip of the month next week. From May 23-25, Director of Central Region Sales ...
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