A Flexible Spending Account Plan (“FSA”) offers an easy and convenient way for you to save money on taxes and make your benefit dollars go further. If you participate in a Health Care and/or Dependent (Day) Care FSA, your employer puts money aside from your paycheck (before taxes are taken out) and you use that money to pay for eligible health care and/or dependent (day) care expenses. Questions about an F.S.A. account? please contact your Total Benefit Solutions group health insurance specialists at (215)355-2121 www.totalbenefits.net
Continue ReadingNew Philadelphia Employee Commuter Transit Benefit Programs
On June 22, 2022, Mayor Jim Kenney signed the Employee Commuter Transit Benefit Ordinance into law (the “Ordinance”). The Ordinance adds new commutertransit benefit programs in Philadelphia that require certain employers to provide a mass transit and bicycle commuter benefit program, beginning on December 31, 2022. Who Does this Apply to?Covered Employers are employers that employ at least 50 Covered Employees. Covered Employees are those who work at least 30 hours per week within the geographic boundaries of Philadelphia for the same employer within the previous 12 months. Click the link below to download the bulletin. As always please reach out to your Total Benefit Solutions, Inc group benefit specialists… Read More
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