Podcasts about flexible spending accounts fsas

Send us a textCould your holiday season be a little less stressful and a lot more joyful? Our latest episode of Bowel Moments provides you with the tools to do just that, especially if you're navigating the festive chaos with Inflammatory Bowel Disease (IBD). We have the pleasure of welcoming back Stacey Collins, a registered dietitian and IBD specialist, who not only shares valuable professional insights but also her personal experiences in managing dietary restrictions. Together, we offer practical tips and heartfelt advice on how to enjoy holiday gatherings while keeping your health a priority. From thoughtful strategies like bringing your own dishes to gatherings to understanding the importance of choosing safe snacks, we discuss how to make this time of year not only survivable but enjoyable.We also take a deep dive into the financial side of healthcare management, especially pertinent at the year's end. We explore how to maximize your healthcare benefits through strategic planning, whether it's scheduling medical procedures before the year closes or effectively using Health Savings Accounts (HSAs) and Flexible Spending Accounts (FSAs). Chronic conditions like IBD come with their own set of challenges and expenses, and we shed light on how these financial tools can ease the burden. With practical tips on managing these accounts, you'll discover how to make the most out of your healthcare benefits and minimize out-of-pocket expenses.Finally, we touch on the emotional journey of living with IBD, emphasizing the importance of self-care and setting personal boundaries during the holiday season. From the relief of being able to enjoy simple pleasures, like eating fruit again, to using humor as a coping mechanism, we share personal stories and tips for thriving amidst life's challenges. As we wrap up the year, we encourage our listeners to prioritize well-being and find joy, reminding everyone to cherish the moments that truly matter. With warmth and gratitude, we toast to a healthy and joyful new year and invite you to share this episode with friends, rate, and review our show. Cheers to a wonderful year ahead!Links: Health maintenance checklists- Crohn's & Colitis Foundation- USAInfo on HSAs & Other Tax-Favored Health Plans- IRS USAThe Difference Between a Flexible Spending Account and a Health Savings Account- National Institutes of HealthFSA vs. HSA: What's the Difference? - MetLifeEating During the Holidays- video from the Crohn's & Colitis Foundation USANutritional Therapy for IBD websiteLet's get social!!Follow us on Instagram!Follow us on Facebook!Follow us on Twitter!

Episode Overview:In this episode, Ben Utley and Nate Reineke explore the complexities of maintaining an aggressive investment portfolio for physicians who might work well into their later years. The discussion addresses how long-term career goals could influence investment strategies, considering factors like risk tolerance, market conditions, and personal financial objectives.Key Highlights:1. Eligibility Criteria for Solo 401(k)s: - Ben and Nate clarify the eligibility requirements for solo 401(k)s, particularly for those earning both W-2 and 1099 income.2.Distinctions Between HSAs and FSAs: - They explain the differences between Health Savings Accounts (HSAs) and Flexible Spending Accounts (FSAs), focusing on scenarios where individuals might be able to hold both.3.Investment Strategy for Longevity: - The hosts discuss the option of considering a higher stock allocation for physicians who plan to work indefinitely.- They examine the potential effects of market fluctuations on long-term investments and how personal comfort with risk could influence decisions.4. Managing 401(k) and 403(b) Accounts: - Ben and Nate discuss the process of rolling over traditional and Roth funds into new retirement plans or IRAs.- They highlight the importance of understanding the rules and options available for effective retirement account management.5. 529 College Savings Plans: - The conversation centers on planning strategies for college savings as expenses approach.The hosts explore balancing investment risk with the need for financial stability during the lead-up to college.Actionable Advice:Get Personalized Financial Advice:For tailored financial guidance that suits your needs, visit www.physicianfamily.com to connect with a professional advisor.Have a Question?Send your questions to podcast@physicianfamily.com or call 503-308-8733, and your query might be featured in a future episode!Resources Mentioned: The Overtaxed Doctor's Retirement Investing Checklist: www.physicianfamily.com/goAre you getting all the tax breaks you deserve? Download your checklist here to ensure you're maximizing your opportunities.Disclaimer: See marketing disclosures at www.physicianfamily.com/disclosures.

Ever wondered how to make your money work smarter for your health care costs? Join me, Stacey Hyde, as we unravel the complexities between Flexible Spending Accounts (FSAs) and Health Savings Accounts (HSAs) in this enlightening episode of Better Financial Health in 15 Minutes or Less. You'll learn how FSAs can be a great short-term solution for covering medical expenses like co-pays and eyeglasses, but they come with the caveat of potentially losing unused funds at the year's end unless your employer offers a rollover. On the other hand, I'll guide you through the long-term benefits of HSAs, which allow you to save tax-free for future health expenses, especially if you're aiming for a financially secure early retirement.Tune in as I explain how HSAs can act as a tax-advantaged super-saver account, much like a Roth IRA, and how they can serve as a financial lifeline by covering COBRA or exchange health plan premiums when you retire. This episode is packed with insights on how to strategically use these accounts based on your financial goals, whether you're a parent juggling childcare costs or planning for life post-retirement. Don't miss this opportunity to empower yourself with the knowledge to optimize your financial health and ensure you make informed decisions during this open enrollment season. Envision Financial Planning. 5100 Poplar Avenue, Suite 2428, Memphis TN 38137. (901) 422-7526, This communication is strictly intended for individuals residing in the United States. Advisory Services offered through Envision Financial Planning, a Registered Investment Adviser.

In this episode of the Money Mastery Unleashed Podcast, certified financial planner Adam Olson from Mutual of Omaha breaks down how maximizing your employer benefits can save you thousands of dollars annually. He walks listeners through the crucial open enrollment period, detailing the importance of evaluating health, life, and disability insurance options, as well as dental and vision coverage. Adam emphasizes the significance of understanding health insurance plan types, network providers, and out-of-pocket costs. He also discusses the benefits of Health Savings Accounts (HSAs) and Flexible Spending Accounts (FSAs), and their potential tax advantages. Listeners are advised to regularly review and compare employer benefits, especially if both spouses have coverage options, to ensure they are getting the best deal. Adam also highlights the value of employer-offered additional benefits such as wellness programs, commuter benefits, and tuition reimbursement. Adam shares practical tips on preparing for open enrollment and the importance of consulting with a financial advisor to optimize benefits and secure a financially sound future. "Maximizing your employer benefits can save you thousands of dollars each year." Key Takeaways: Key Considerations for Insurance Health Savings Accounts (HSA) and Flexible Spending Accounts (FSA) Practical Tips for Open Enrollment  Actionable Steps Learn more about Adam Olson by visiting the following links: Facebook Personal Website Business Website -- Investing involves risk, including loss of principal.    Be sure to understand the benefits and limitations of your available options and consider all factors prior to making any financial decisions.  Any strategies discussed may not be suitable for everyone.  Securities and advisory services offered through Mutual of Omaha Investor Services, Inc. Member FINRA/SIPC.  Adam Olson, Representative.  Mutual of Omaha Investor Services is not affiliated with any entity listed herein.  This podcast is for educational purposes only and may include references to concepts that have legal and/or tax implications. Mutual of Omaha Investor Services and its representatives do not offer legal or tax advice. The information presented is subject to change without notice and is not intended as an offer or solicitation with respect to the purchase or sale of any security or insurance product. Mutual of Omaha Investor Services and its various affiliates do not endorse or adopt comments posted by third parties.  Comments posted by third parties are their own and may not be representative or indicative of other's opinions, views, and experiences.

Make the most of your employee benefits and unlock “free money” that could add up to thousands yearly! In this episode, we break down essential perks, from maximizing retirement savings with 401(k) matching to the tax advantages of Flexible Spending Accounts (FSAs) and Health Savings Accounts (HSAs). We also explore the value of education and tuition benefits, affordable insurance options, wellness programs, and unique perks like legal aid and tech discounts. Tune in to discover how a quick review of your benefits package could lead to major financial wins. Don't miss out—learn how to maximize everything your employer offers!Are you ready to create your ideal lifestyle? Let's Connect.Learn more about Mike and my services at https://www.mortonfinancialadvice.com and connect at https://www.linkedin.com/in/mwsmorton/

In this empowering episode, Dr. Betsy Dovec and Registered Dietitian Hannah Schuyler team up to discuss the importance of finishing the year stronger than you started it. With the end of 2024 in sight, it's the perfect time to reflect on your health goals, reset your mindset, and take bold action toward lasting change. Whether you're considering bariatric surgery or just looking for strategies to stay on track with your health journey, this episode will provide the motivation you need to make the final quarter of the year count.Dr. Dovec and Hannah share their personal experiences with overcoming obstacles and staying focused, offering practical advice for pushing through challenges. The duo also dives deep into the benefits of starting your bariatric surgery journey now instead of waiting for January, touching on key factors like maximizing insurance benefits, leveraging holiday time off for recovery, and entering 2025 with a health-focused mindset.The episode highlights key strategies, including setting SMART goals, staying motivated, and understanding how bariatric surgery can serve as a powerful tool for achieving long-term weight loss and improved health. Plus, you'll hear firsthand how Dr. Dovec and Hannah incorporate these approaches into their own lives to finish stronger than they started.Key Takeaways:It's Not How You Start, It's How You Finish: Dr. Dovec and Hannah discuss the mindset of perseverance and how finishing strong is key to long-term success.The Benefits of Bariatric Surgery: How starting your bariatric surgery journey now can set you up for a healthier 2025.Setting SMART Goals: Tips on setting Specific, Measurable, Achievable, Relevant, and Time-bound goals to keep yourself on track.Insurance and Financial Benefits: Why you should consider starting your surgery before the year ends to take advantage of insurance and Flexible Spending Accounts (FSAs).Maximizing Holiday Time for Recovery: Use your holiday time off to comfortably recover from surgery and enter the new year refreshed.Personal Stories: Dr. Dovec and Hannah open up about their own experiences with sticking to health goals, even when life throws curveballs.Resources:BodyByBariatrics Free Insurance Check– Want to take the next step in your bariatric journey? Click here to fill out the form and schedule your FREE insurance check: https://bodybybariatrics.boostpatients.com/request-consultBodyByBariatrics Project Reset – Get started with our comprehensive reset program focused on mindset, movement, meals, and motivation! https://bodybybariatrics.com/project-reset/ Connect with Us:Follow Dr. Dovec on Instagram: @drdovecFollow Hannah Schuyler, RD on Instagram: @hannahschuyler.rdTune in Now: This episode will leave you inspired to finish the year with determination and to step into 2025 with momentum! Don't forget to subscribe, rate, and review the podcast.Disclaimer: This podcast episode does not replace medical advice. Always seek the guidance of a healthcare professional for any medical questions or concerns.

Learn how to lower your taxable income and reduce student loan payments by optimizing pretax benefits like 401(k)s, IRAs, Health Savings Accounts (HSAs), Flexible Spending Accounts (FSAs), and more. Financial experts Meagan McGuire and Connor Pierce guide you through these valuable strategies.   In today's episode:   09:18 Strategies for maximizing retirement savings as a sole proprietor 16:49 How to reimburse medical expenses from previous years tax-free 26:07 Why a Roth IRA may be a smart choice for a lower-income tax strategy 34:05 The benefits of filing a tax extension to keep your student loan payment low     Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify or Amazon Music Leave an honest review on Apple Podcasts  Subscribe to the newsletter Feeling helpless when it comes to your student loans? Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan Get profession-specific financial planning   Do you have a question about student loans? Leave us a voicemail here or email us at help@studentloanplanner.com and we might feature it in an upcoming show!

Health Savings Accounts (HSAs) and Flexible Spending Accounts (FSAs) are financial tools designed to help individuals manage and save for their healthcare expenses. HSAs are typically paired with high-deductible health insurance plans and offer a triple tax advantage: contributions are tax-deductible, the funds grow tax-free, and withdrawals for qualified medical expenses are tax-free. This makes HSAs a powerful long-term savings vehicle for healthcare costs. In contrast, FSAs are employer-sponsored accounts that allow employees to set aside pre-tax dollars to cover eligible medical expenses. While both HSAs and FSAs can be used for medical expenses such as doctor visits, prescription medications, and certain medical procedures, they have key differences. HSAs are more portable, as the account is owned by the individual and can be carried over from year to year, even if they change employers. On the other hand, FSAs often have a "use it or lose it" provision, meaning that any unused funds at the end of the plan year may be forfeited, although some employers offer a grace period or a carryover option. Understanding the nuances of HSAs and FSAs is crucial for individuals seeking to optimize their healthcare-related financial planning.Grab your copy of the companion book Finances and… Your Spending Planner Workbook on Shopify to keep track of your spending, net worth, and plan for your future! You can watch these episode on my YouTube channel as well.Seeking financial counsel? Check us out at Capitalcoaching.net and see how we can provide financial coaching with a personal touch.You can share your ideas at financesand.net and leave a review at Apple Podcasts by going to the bottom of the page and choosing write a review.You can also create an audible account to find helpful finance books to listen to here, and the top selling finance books on Amazon here. As an Amazon associate I can earn from qualifying purchases. For those who receive SNAP, Medicaid, or other qualifying government assistance, you can save more with Prime Access. Learn more.Need some swag? You can order Finances and......

With health insurance open enrollment just around the corner, we look at the pros and cons of Flexible Spending Accounts (FSAs) and Health Savings Accounts (HSAs). How do you get the most out of yours, and do you really need one? Paul W. asks Michigan Medicine Internal Medicine Specialist Dr. Jeffrey Kullgren about who these programs make the most sense for, and how you can maximize the benefit. Catch "Michigan Answers" Thursday Mornings at 6:49 a.m. on News/Talk 760 WJR.

In this episode, Dan & Ian help clarify the confusion surrounding Health Savings Accounts (HSA). Also, they dive deep into the requirements and contribution limits to the plan. Furthermore, they explore Flexible Spending Accounts (FSA) which allow for another option of healthcare savings. Below there is an outline of the episode and further information regarding health savings.KEY POINTS: Health savings accounts (HSAs) -Are like personal savings accounts, but the money in them is used to pay for health care expenses. You — not your employer or insurance company — own and control the money in your HSA. The money you deposit into the account is not taxed. -To be eligible, you must be enrolled in a High-Deductible Health Plan (HDHP). Contributions to HSAs generally aren't subject to federal income tax, and the earnings in the account grow tax-free. -Contributions can come from you, your employer, a relative, or anyone else who wants to add to your HSA. The IRS does, however, set limits. In tax year 2020, for example, the limit is $3,550 for individuals and $7,100 for families, plus an additional $1,000 "catch-up" contribution for anyone age 55 or older by the end of the tax year. KEY POINTS: Flexible Spending Account (FSA)-Same thing as HSA, except you do not need to be part of HDHP-Employee of an employer who sponsors the plan-Can be used for additional medical expenses not covered or explicitly mentioned in HSAs-Limited to $2,750 per yr per employer -Spouse can contribute $2,750 to their own as well-HSAs are more flexibility than Flexible Spending Accounts (FSAs), which can only be carried over in an amount up to $500 or 2.5 months into the following plan yearFollow & Subscribe to The Small Business Experience:Youtube: https://www.youtube.com/channel/UCgCgrWab2pDhnQ3pZvbI0ZwInstagram: https://www.instagram.com/smallbusinessexperienceFacebook: https://www.facebook.com/The-Small-Business-Experience-101691538462054Twitter: https://twitter.com/TheSmallBizExpLinkedIn: https://www.linkedin.com/company/70527961/admin/Buzzsprout: https://thesmallbusinessexperience.buzzsprout.com

HSA vs FSA, Ep 11   I meet with clients during their open enrollment periods so that we can discuss their benefits packages. Medical expense is something that comes up often so we discuss Health Savings Accounts (HSAs) and Flexible Spending Accounts (FSAs). Why these two? Well, they get used interchangeably, but they are two completely different things. In this episode, I'm going to bullet point the highlights of these two types of accounts that are both designed to help you cover out-of-pocket medical expenses so be sure to listen in.    You will want to hear this episode if you are interested in... The Health Savings Account (HSA) highlights [0:58] The Flexible Spending Account (FSA) highlights [2:07] Using an HSA in retirement [4:09] The sales tip section: Celebrating the small wins [5:52] This week's FLASHBACK [6:39] 

In this second episode on Employee Benefits and Open Enrollment, Eric and Matt dive deeper on Health Savings Accounts (HSAs), Flexible Spending Accounts (FSAs), Dependent Care FSAs, and Mega Backdoor Roth IRAs. Give this episode a listen and understand what is offered to you so you can maximize these tremendous benefits and save big!

In this weeks episode, we will be covering Health Savings Accounts (HSAs) and Flexible Spending Accounts (FSAs). We introduce the topic of workplace health insurance plan envisions, discuss the pros and cons of high deductible vs low deductible health plans, and the pros and cons of HSAs and FSAs!Be sure to listen to the first Book Review Episode this Friday! I will be talking about one of my favorite finance books and then giving it away to a lucky listener! Be sure you tune in on Friday as there will be a time limit to enter your name in the drawing.Show Email Address: Mainstfinance@gmail.comNEW Twitter Account: @MainStMoneyYouTube Channel: https://www.youtube.com/channel/UCxWzLF_ZCgeDJ6PcIovg9ww

You are required to perform non-discrimination testing for a number of popular benefits plans, including Flexible Spending Accounts (FSAs) and Health Reimbursement Arrangements (HRAs). In this episode, we talk with a benefits attorney about the importance of testing your plans.

In this episode of The Proskauer Benefits Brief, our series on the COBRA basics rolls on. Partner Paul Hamburger is joined by associate Talya Scolnik and they discuss some of the key COBRA considerations for some of the nontraditional health plan related programs such as Employee Assistance Programs (EAPs) and Health Wellness Programs, Flexible Spending Accounts (FSAs) and Health Reimbursement Arrangements (HRAs).

Fact vs. Fiction is a series of common financial myths and the facts that prove them wrong. In this episode, your host discusses Flexible Spending Accounts (FSAs) and covers three topics: What are they? How to use them? Why use them? Have questions? Email Jake@youandifinancial.com and Jake Rivas may read your questions on the show!   Follow jake on Twitter and Facebook @jakestwocents   Securities and advisory services offered through Commonwealth Financial Network, Member FINRA/SIPC, a Registered Investment Adviser. Fixed insurance products and services offered through CES Insurance Agency. Actual performance and results will vary. These interviews do not constitute a recommendation as to the suitability of any investment for any person or persons having circumstances similar to those portrayed. Consult a Financial Advisor regarding your specific circumstances. I*financial is located at 1901 NW Military Hwy. STE. 102. San Antonio, TX 78213. Phone number 210-342-4346  

Daniel Fabricant, CEO and Executive Director of the Natural Products Association returns to the Late Night Health show to talk with Mark Alyn about regulation of the supplement industry and more.Since 1936 the Natural Products Association (NPA) has been working with government agencies to protect the American people. Freedom of healthcare choice is the backbone of this trade association. The NPA helps to maintain good manufacturing practices for both industry and consumers.The question of are GMOs good or bad is not the issue. The NPA has called for a national labeling law for Genetically Modified foods. It's that simple. Vermont has passed a law requiring foods be labeled in such a manner. This is a step in the right direction, but having 50 different laws will put undo stress on national manufacturers that would have to comply with all the different laws. A national rule would allow one way of requiring the labeling. Major GMO creators are fighting this by spending millions of dollars lobbying state and federal officials.Dietary supplements are also in the news. Attorney Generals in several states, as well as some members of Congress are calling for more regulation of the industry. These AGs and Congressional members are uninformed of the current rules established by the passing of the DSEA Act in 1994. The current rules are more than adequate and need to be followed. More regulation would be redundant and cost the government more in trying to enforce new rules.The show also touches on the Health Savings ACT of 2016 which would allow Americans with Flexible Spending Accounts (FSAs) up to $1,000 reimbursement for dietary and nutritional supplements for preventive care options.

Daniel Fabricant, CEO and Executive Director of the Natural Products Association returns to the Late Night Health show to talk with Mark Alyn about regulation of the supplement industry and more. Since 1936 the Natural Products Association (NPA) has been working with government agencies to protect the American people. Freedom of healthcare choice is the backbone of this trade association. The NPA helps to maintain good manufacturing practices for both industry and consumers. The question of are GMOs good or bad is not the issue. The NPA has called for a national labeling law for Genetically Modified foods. It's that simple. Vermont has passed a law requiring foods be labeled in such a manner. This is a step in the right direction, but having 50 different laws will put undo stress on national manufacturers that would have to comply with all the different laws. A national rule would allow one way of requiring the labeling. Major GMO creators are fighting this by spending millions of dollars lobbying state and federal officials. Dietary supplements are also in the news. Attorney Generals in several states, as well as some members of Congress are calling for more regulation of the industry. These AGs and Congressional members are uninformed of the current rules established by the passing of the DSEA Act in 1994. The current rules are more than adequate and need to be followed. More regulation would be redundant and cost the government more in trying to enforce new rules. The show also touches on the Health Savings ACT of 2016 which would allow Americans with Flexible Spending Accounts (FSAs) up to $1,000 reimbursement for dietary and nutritional supplements for preventive care options.

Daniel Fabricant, CEO and Executive Director of the Natural Products Association returns to the Late Night Health show to talk with Mark Alyn about regulation of the supplement industry and more. Since 1936 the Natural Products Association (NPA) has been working with government agencies to protect the American people. Freedom of healthcare choice is the backbone of this trade association. The NPA helps to maintain good manufacturing practices for both industry and consumers. The question of are GMOs good or bad is not the issue. The NPA has called for a national labeling law for Genetically Modified foods. It's that simple. Vermont has passed a law requiring foods be labeled in such a manner. This is a step in the right direction, but having 50 different laws will put undo stress on national manufacturers that would have to comply with all the different laws. A national rule would allow one way of requiring the labeling. Major GMO creators are fighting this by spending millions of dollars lobbying state and federal officials. Dietary supplements are also in the news. Attorney Generals in several states, as well as some members of Congress are calling for more regulation of the industry. These AGs and Congressional members are uninformed of the current rules established by the passing of the DSEA Act in 1994. The current rules are more than adequate and need to be followed. More regulation would be redundant and cost the government more in trying to enforce new rules. The show also touches on the Health Savings ACT of 2016 which would allow Americans with Flexible Spending Accounts (FSAs) up to $1,000 reimbursement for dietary and nutritional supplements for preventive care options.

Daniel Fabricant, CEO and Executive Director of the Natural Products Association returns to the Late Night Health show to talk with Mark Alyn about regulation of the supplement industry and more.Since 1936 the Natural Products Association (NPA) has been working with government agencies to protect the American people. Freedom of healthcare choice is the backbone of this trade association. The NPA helps to maintain good manufacturing practices for both industry and consumers.The question of are GMOs good or bad is not the issue. The NPA has called for a national labeling law for Genetically Modified foods. It's that simple. Vermont has passed a law requiring foods be labeled in such a manner. This is a step in the right direction, but having 50 different laws will put undo stress on national manufacturers that would have to comply with all the different laws. A national rule would allow one way of requiring the labeling. Major GMO creators are fighting this by spending millions of dollars lobbying state and federal officials.Dietary supplements are also in the news. Attorney Generals in several states, as well as some members of Congress are calling for more regulation of the industry. These AGs and Congressional members are uninformed of the current rules established by the passing of the DSEA Act in 1994. The current rules are more than adequate and need to be followed. More regulation would be redundant and cost the government more in trying to enforce new rules.The show also touches on the Health Savings ACT of 2016 which would allow Americans with Flexible Spending Accounts (FSAs) up to $1,000 reimbursement for dietary and nutritional supplements for preventive care options.