Podcasts about fsas

Key Takeaways: Know When Money Comes and Goes Good money planning isn't just about how much you make—it's about when you make it and spend it. If you time it right, you can lower the taxes you owe. Retirement Plans = Double Win Using retirement plans like a SEP or solo 401(k) helps business owners save money for later and pay less in taxes now. It also makes workers happier! Spread Out Big Money Moments If you suddenly make a lot of money (like selling a business), you might have to pay a lot in taxes. But you can sometimes stretch the income over a few years to avoid one giant tax hit. Help With Health = Save on Taxes Using tools like HSAs and FSAs lets employees pay for health stuff tax-free—and it gives the business some tax savings too. It's a win-win! Tax Laws Change—Stay Sharp! The government changes tax rules often. Knowing what's new helps you make smarter money moves and avoid surprises. Chapters: Timestamp Summary 0:00 Complex Cash Flow and Investment Planning Around Taxes 2:48 Strategies for Managing Taxes on One-Time Income Events 5:40 Navigating Tax Incentives and Employee Retention Strategies 7:56 Tax Benefits of Retirement Plans and Health Savings Accounts   Powered by ReiffMartin CPA and Stone Hill Wealth Management   Social Media Handles    Follow Phillip Washington, Jr. on Instagram (@askphillip)   Subscribe to Wealth Building Made Simple newsletter https://www.wealthbuildingmadesimple.us/   Ready to turn your investing dreams into reality? Our "Wealth Building Made Simple" premium newsletter is your secret weapon. We break down investing in a way that's easy to understand, even if you're just starting out. Learn the tricks the wealthy use, discover exciting opportunities, and start building the future YOU want. Sign up now, and let's make those dreams happen!   WBMS Premium Subscription   Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.

In this conversation, Eric Malzone and Sam O'Keefe discuss the intersection of fitness, health, and financial opportunities through HSAs and FSAs. Sam shares his unique background and how it led him to identify a significant business opportunity in connecting health and fitness with financial wellness. They explore the differences between HSAs and FSAs, the market potential for these accounts, and how fitness businesses can leverage them to enhance customer retention and acquisition. The discussion also covers the qualification process for medical necessity, the commercial relationships with gym owners, and the future trends in health and fitness integration. LINKS: https://goteamup.com/ https://podcastcollective.io/  

Thinking about retiring or leaving your job? Before you take that leap, there are a few important things to understand. In this episode of Protect Your Assets, David Hollander—also known as The Sandman—walks through what to do before you retire from your job, including how to handle 401(k) vesting, unused PTO, HSAs, FSAs, and healthcare options. If you’ve been wondering how to transition out of your job without leaving money behind, this episode offers helpful insight and questions to consider. You can send your questions to questions@pyaradio.com for a chance to be answered on air. Catch up on past episodes: http://pyaradio.com Liberty Group website: https://libertygroupllc.com/ Attend an event: www.pyaevents.com Schedule a complimentary 15-minute consultation: https://calendly.com/libertygroupllc/scheduleacall/ See omnystudio.com/listener for privacy information.

Thinking about retiring or leaving your job? Before you take that leap, there are a few important things to understand. In this episode of Protect Your Assets, David Hollander—also known as The Sandman—walks through what to do before you retire from your job, including how to handle 401(k) vesting, unused PTO, HSAs, FSAs, and healthcare options. If you’ve been wondering how to transition out of your job without leaving money behind, this episode offers helpful insight and questions to consider. You can send your questions to questions@pyaradio.com for a chance to be answered on air. Catch up on past episodes: http://pyaradio.com Liberty Group website: https://libertygroupllc.com/ Attend an event: www.pyaevents.com Schedule a complimentary 15-minute consultation: https://calendly.com/libertygroupllc/scheduleacall/ See omnystudio.com/listener for privacy information.

Ever wonder how healthcare actually works? What insurance should you actually get? And what even is an HSA? In this week's episode of Networth and Chill, Vivian explores the intersection of healthcare and financial wellbeing. She demystifies HSAs, FSAs, and the hidden costs of insurance plans while offering practical strategies for negotiating medical bills and avoiding debt traps.  Follow the podcast on Instagram and TikTok! Check out the resources mentioned in the episode! https://www.fairhealthconsumer.org/ https://www.costplusdrugs.com/ https://www.goodrx.com/ https://health.amazon.com/ https://www.fighthealthinsurance.com/ Got a financial question you want answered in a future episode? Email us at podcast@yourrichbff.com Thank you to our sponsors: Amazon Learn more about your ad choices. Visit podcastchoices.com/adchoices

Are you paying out-of-pocket for Ozempic or other weight-loss meds? You might also be paying too much in taxes—and not even know it. In this episode, we talk about smart ways to save money by turning medical costs into legal tax deductions. You'll hear real stories from business owners who missed out on big savings and how they fixed it. We'll break down what the IRS rules really say, why most people don't qualify to deduct medical expenses the usual way, and how to use special strategies like HSAs, FSAs, and business reimbursements to keep more cash in your pocket. If you want to stop overpaying the IRS and start making your health costs work for you, don't miss this episode!   Next Steps:

Navigating a new job comes with a maze of important financial decisions that can impact your future for years to come. In this podcast series, we break down the often-overwhelming world of workplace benefits, compensation packages, and financial choices facing newly employed individuals—whether you're starting your first job or returning to the workforce after time away.   In this second episode in the series Beyond the Paycheck, we're joined by Amy Trosine, Vice President of Human Resources and Administration for Career Path Services, who shares practical guidance on how to confidently understand and maximize your employee benefits. From comparing health insurance plans and leveraging HSAs or FSAs, to understanding retirement options and overlooked perks like wellness programs and professional development, Amy helps listeners approach their total compensation with clarity and confidence. Whether you're navigating open enrollment or preparing for your first onboarding session, this conversation offers the insights you need to make smart, informed choices.

Today we answer a handful of HSA and FSA questions including what to do when you contribute incorrectly and what to do when you have problems with reimbursement for medical spending. We answer a question about calculating equities. We also do a deep dive into malpractice insurance with information about lizard tails, veto clauses and hammer clauses. Today's episode is brought to us by SoFi, the folks who help you get your money right. Paying off student debt quickly and getting your finances back on track isn't easy, but that's where SoFi can help — they have exclusive, low rates designed to help medical residents refinance student loans—and that could end up saving you thousands of dollars, helping you get out of student debt sooner. SoFi also offers the ability to lower your payments to just $100 a month* while you're still in residency. And if you're already out of residency, SoFi's got you covered there too. For more information, go to https://www.whitecoatinvestor.com/Sofi SoFi Student Loans are originated by SoFi Bank, N.A. Member FDIC. Additional terms and conditions apply. NMLS 696891. The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor is for you! Main Website: https://www.whitecoatinvestor.com  YouTube: https://www.whitecoatinvestor.com/youtube  Student Loan Advice: https://studentloanadvice.com  Facebook: https://www.facebook.com/thewhitecoatinvestor  Twitter: https://twitter.com/WCInvestor  Instagram: https://www.instagram.com/thewhitecoatinvestor  Subreddit: https://www.reddit.com/r/whitecoatinvestor  Online Courses: https://whitecoatinvestor.teachable.com  Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter 

From explosive growth to high-profile mergers and eventual market consolidation, Food Service Aggregators (FSAs) like Deliveroo, Uber Eats, Wolt, and Delivery Hero have transformed how consumers access food. And despite all the ups and downs, one thing is clear—FSAs are here to stay. In this episode, we're joined by Gael Peigné, VP of Product at digital shelf intelligence leader Shalion, to unpack the evolving role of FSAs and the opportunities and challenges they present for FMCG brands. We cover: What the Digital Shelf really means today The evolution and current landscape of FSAs Why FSAs matter—for both shoppers and brands Key differences between Q-commerce and restaurant-driven FSAs How FSAs fit into the broader commercial strategy of an FMCG What their continued growth could mean for traditional retailers Watch on YouTube: https://youtu.be/WBDrHTFuEGw  More Follow us on LinkedIn: https://www.linkedin.com/company/fmcgguys/   Audio Mixing by Rodrigo Chávez Voice Acting by Jason Martorell Parsekian

In this episode of Beer and Money, Ryan Burklo discusses the importance and benefits of Health Savings Accounts (HSAs). He explains the qualifications for opening an HSA, the contribution limits, and the unique triple tax advantage that HSAs offer. Ryan emphasizes the potential for long-term growth and the importance of investing the funds within an HSA for future medical expenses, especially in retirement. He also highlights common misconceptions about HSAs and encourages listeners to take advantage of this financial tool for better health expense management. Check out our website:  beerandmoney.net For a quick assessment of your current financial life go to: https://www.livingbalancesheet.com/lbsVision/lite/RyanBurklo Takeaways Health Savings Accounts (HSAs) offer a triple tax advantage. To qualify for an HSA, you must have a high deductible health plan. You can contribute up to $4,300 annually as an individual. HSAs allow for tax-free withdrawals for qualified medical expenses. 90% of Americans do not invest their HSA funds. HSAs can be used for medical expenses in retirement. Investing in an HSA can lead to significant long-term growth. Medical expenses are a constant concern in retirement planning. It's important to understand the difference between HSAs and FSAs. Utilizing HSAs effectively can lead to better financial health.  Chapters 00:00 Introduction to Health Savings Accounts 03:14 Understanding the Triple Tax Advantage 06:03 Long-Term Benefits of HSAs  

The Defense Department is offering health care flexible spending accounts to service members. Learn how this benefit can save you and your family money on health care. Host Bruce Moody speaks with Megumi Murakami, executive director for flexible spending accounts for the Defense Department Office of Personnel and Readiness. They discuss how HCFSAs work, what expenses are covered, how to enroll and how to use this benefit to save money. Visit Military OneSource at www.militaryonesource.mil to learn about the resources and support available to service members and families. Visit FINRED to learn more about FSAs at https://finred.usalearning.gov/FSA and visit FSA Feds to enroll at https://www.fsafeds.gov/enroll. Bruce Moody is a public affairs specialist with the Defense Department's Military OneSource. Share your feedback about this podcast as well as ideas for future episodes by visiting the Military OneSource Podcasts Feedback Form at https://public.militaryonesource.mil/podcast-feedback. The Military OneSource Podcast series is an official resource of the Defense Department. For more information, visit MilitaryOneSource.mil or call 800-342-9647. Military OneSource is your 24/7 connection to information, answers and support to help you reach your goals, overcome challenges and thrive.

In this episode of More Knowledge, More Wealth, President Gabriel Shahin, CFP dives into the essential financial planning strategies to set yourself up for success in 2025. From tax-saving tips and investment strategies to budgeting and retirement planning, Gabriel covers it all with a blend of empathy and expertise. Discover the benefits of early RMD transfers, leveraging HSAs and FSAs, and maximizing charitable giving for tax efficiency. Gain insights on practical ways to tackle credit card debt, prioritize savings, and create a budget that aligns with your financial goals. Gabriel also critiques Bankrate.com's New Year's resolutions, offering actionable advice to enhance your financial literacy and prepare for the future. Whether you're reassessing career opportunities, updating beneficiary forms, or exploring diversification in your investment portfolio, this episode provides a roadmap for disciplined and informed financial decision-making. Start the year strong and take control of your financial future with this comprehensive guide. Tune in for tips, strategies, and expert insights to make 2025 your most financially confident year yet! Schedule a free assessment: https://www.falconwealthplanning.com/... Follow our socials: https://linktr.ee/falconwealthplanning

In this episode, we explore Dependent Care FSAs—what they are, how they work, and why they're a valuable benefit for employees managing dependent care expenses. Learn about eligibility, compliance essentials, and best practices for HR to help employees maximize their tax savings.Payroll + HR + Benefits in an all-in-one solution. Request a BerniePortal demo today!https://www.bernieportal.com/get-a-demo/Find us at https://www.bernieportal.com/hr-party-of-one/BerniePortal: The all-in-one HRIS that makes building a business & managing its people easy. http://bit.ly/2NEQ5QbWhat is an HRIS?https://www.bernieportal.com/hris/BernieU: Your free one-stop shop for compelling, convenient, and comprehensive HR training and courses that will keep you up-to-date on all things human resources. Approved for SHRM & HRCI recertification credit hours. Enroll today!https://www.bernieportal.com/bernieu/Join the HR Party of One Community!https://hubs.ly/Q02mNML90▬ Episode Resources & Links ▬▬▬▬▬▬▬▬▬▬HR Scorecardhttps://www.bernieportal.com/hr-scorecard-identify-compliance-risks/What Is a TPA?https://youtu.be/_R7bkvwExdc?si=3Z3WFU2ZeB3ustCuThe Top 5 Ways to Save Time on COBRA with Alpinehttps://youtu.be/i4FCL7mQSmc?si=PSpl-NTp2OYktl1yWhat is an FSA?https://youtu.be/AX1ySqiAIl4?si=e2ZODDum0tP3EeJQWhat are Dependent Care FSAs?https://youtu.be/_Ql0uHPo10A?si=_6GNbWZ3IbrvqNZdCan an Employee Contribute to an HSA if Their Spouse Has an FSA?https://youtu.be/IL-jdafAJpA?si=JUN_Xjbd6DFe7M1VAlpine TPAhttps://www.alpinetpa.com/▬ Social Media ▬▬▬▬▬▬▬▬▬▬▬► LinkedIn: https://www.linkedin.com/company/bernieportal▬ Podcast▬▬▬▬▬▬▬▬▬▬▬▬► Apple Podcasts: https://podcasts.apple.com/us/podcast/hr-party-of-one/id1495233115► Spotify: https://open.spotify.com/show/5ViQkKdatT40DPLJkY2pgA► Amazon Music:

Use it or lose it! For those with FSAs, December 31st is quickly approaching, which means it's time to make the most of your remaining funds. In this episode, Art shares tips on efficiently using your FSA dollars before the deadline. He also answers listener questions about health insurance for a pastor and how to utilize 529 plans for elementary education expenses.Resources:Financial State of the Union (FREE!)8 Money MilestonesAsk a Money Question!

On this week's “Random Fit” podcast, join hosts, and NASM Master Instructors, Wendy Batts, and Ken Miller, as they delve into the world of corporate wellness programs, uncovering how companies are revolutionizing employee health. From flexible spending accounts (FSAs), to onsite fitness facilities, discover how these initiatives are reshaping the fitness landscape beyond traditional gym settings.   If you like what you just consumed, leave us a 5-star review, and share this episode with a friend to help grow our NASM health and wellness community! Introducing NASM One, the membership for trainers and coaches. For just $35/mo., get unlimited access to over 300 continuing education courses, 50% off additional certifications and specializations, EDGE Trainer Pro all-in-one coaching app to grow your business, unlimited exam attempts and select waived fees. Stay on top of your game and ahead of the curve as a fitness professional with NASM One. Click here to learn more. https://bit.ly/4ddsgrm

Dr. Friday explains how to maximize your Dependent Care FSA before it expires at the end of the year. Unlike health savings accounts, FSAs have use-it-or-lose-it rules, with only a small portion eligible for rollover. Don’t let your funds go to waste—now is the time to use them for eligible expenses like childcare or healthcare costs. Transcript: G’day, I’m Dr. Friday, President of Dr. Friday’s Tax and Financial Firm. To get more info, go to www.drfriday.com. This is a one-minute moment. Does your employer offer dependent care FSA limits? Then you need to make sure that we’re getting close to the end of the year. Those limits do expire, right? They go away. So if you haven’t spent all of your FSA, you need to go spend it now. And health care, child care, and there’s limitations. Now, I do believe a small amount of it will be able to remain and move over. But guys, it’s not like a health savings account that will keep going and going and going. Family savings accounts are going to have limitations and you need to spend it. So now’s the time to start thinking we’re getting close to the end of the year and that’s going to have to go to zero and you’re going to lose money. 615-367-0819. You can catch the Dr. Friday Call-In Show live every Saturday afternoon from 2 to 3 p.m. right here on… 99.7 WTN.

Episode Overview:In this episode, Ben Utley and Nate Reineke address the question: Can Physicians with Chronic Conditions Benefit from HSAs? They tackle various financial inquiries from listeners, offering insights and advice crafted for physician families. The discussion covers topics such as the use of 529 funds, strategies for Roth IRA conversions, optimizing 403(b) contributions, and maximizing benefits from health savings accounts (HSAs), particularly for those with chronic conditions.Key Highlights:1. Using 529 Plans: - Ben and Nate explain the scope of using 529 funds, highlighting their suitability for college savings but noting they are not designed for private preschool expenses.2. Roth IRA Conversions: - The hosts discuss considerations when converting gains in a backdoor Roth IRA, emphasizing tax implications and the need for clarity on IRA rules.3. 403(b) Contributions: - Insights into maximizing contributions to 403(b) plans are shared, especially for physicians with both mandatory and voluntary contribution options, allowing them to potentially exceed standard limits.4. Tax Strategies Around IRAs: - Ben provides detailed guidance on managing IRAs with both pre-tax and post-tax contributions, focusing on basis management and conversion strategies for improved tax efficiency.5. Health Plan Optimization: - The discussion addresses the management of health plans, examining the use of HSAs alongside FSAs, and providing strategies for choosing between high-deductible and PPO plans.6. Can Physicians with Chronic Conditions Benefit from HSAs?: - The hosts explore the potential advantages of HSAs for physicians with chronic health conditions, considering how careful plan structuring may offer financial benefits despite high medical costs.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: Retirement Wellness Check: Assess how well-prepared you are for retirement at PhysicianFamily.com/Quiz.Disclaimer: This episode is for informational purposes only and not intended as financial advice. See marketing disclosures at www.physicianfamily.com/disclosures.

Hard to believe that 2024 is almost over but before we close it out, we have some end-of-year financial tips with special guest Eric Simonson, CFP and CEO of Abundo Wealth (an advice-only financial planning firm). Eric shares insights on maximizing different types of contributions, FSAs, charitable donations, and other tax strategies. There are a few things you'll want to check off your financial to-do list before December 31st; some have a true deadline, and others are smart things you should review every year.   Eric also clues us in on a unique service the firm offers- 'travel hacking'. They love teaching skills such as budgeting for trips, finding cost-effective travel options, and maximizing travel rewards programs for their clients.   

The decisions you make today could have a big impact on your taxes, savings, and investments next year. Are you ready to act? In this episode of The Agent of Wealth Podcast, host Marc Bautis dives into the essential financial planning tasks to complete year-end. With December 31st deadlines looming, Marc provides actionable advice to ensure you're maximizing your financial opportunities and staying ahead of potential tax pitfalls.In this episode, you will learn:How to leverage tax-loss harvesting and manage capital gains effectively.The benefits of Roth conversions and how to determine if they're right for you.Key considerations for retirement contributions, RMDs, and 401(k) strategies.Tips for optimizing charitable giving and flexible spending accounts (FSAs).Why annual financial checkups are critical and how year-end planning can set the stage for financial success.And more!Resources:Episode Transcript & Blog | The 2024 Last-Chance Financial Planning Checklist | Episode 222 – Maximize Your 401(k): Roth vs Pre-Tax Contributions | Bautis Financial: 8 Hillside Ave, Suite LL1 Montclair, New Jersey 07042 (862) 205-5000 | Schedule an Introductory Call

Confused about choosing the right health plan? Join Dr. Isabelle Amigues, double-certified rheumatologist, as she breaks down health insurance, health share plans, HSAs vs. FSAs, and how to save on medications.Whether you're self-employed, managing chronic conditions, or just want to save on healthcare, this episode is packed with practical tips and insider knowledge to help you navigate the complex world of health plans. These valuable insights can save you time, money, and stress!

In this episode of the Main Street Business Podcast, hosts Mark J. Kohler and Mat Sorensen break down the incredible tax advantages of Health Savings Accounts (HSAs). Learn how to save big with tax-deductible contributions, tax-free growth, and withdrawals for medical expenses, plus tips on FSAs, HRAs, and the IRA-to-HSA rollover strategy.Here are some of the highlights:Mark and Mat emphasize the importance of deducting 100% of health insurance premiums for self-employed individuals and S corporations.Reminder to use FSAs before the end of the year, including medical, co-pays, and dental expenses.An in-depth discussion on the ability to invest HSA funds in various assets, such as crypto, real estate, and small businesses.Explanation of the requirements for HSA qualifying plans, including high deductibles and out-of-pocket limits.HSAs do not require earned income for contributions, unlike IRAs and 401(k)s.Introduction to the HRA (Health Reimbursement Account) plan as an alternative for small business owners with high medical expenses.A strategy learned from the community, allowing S corporation owners to reduce FICA liability by having the corporation pay for HSAs. Grab my FREE Ultimate Tax Strategy Guide HERE! Are you ready to get certified in EVERY strategy I teach? Start your journey with a FREE 15-minute demo to explore the Main Street Tax Pro Certification. You don't want to miss this! Secure your tickets for the most significant tax & legal event of the year: Tax and Legal 360 Looking to connect with a rock star law firm? KKOS is only a click away! Check out our YOUTUBE Channel Here: https://www.youtube.com/markjkohler Craving more content? Check out my Instagram!

Discover how to make your investments work smarter, not harder, with tax-efficient strategies. In this episode of A Wiser Retirement® Podcast, we tackle the big questions, like whether Roth conversions make sense for you, especially if you're in a low tax bracket now but anticipate higher income later. We also explore the potential of direct indexing for larger accounts and the often-overlooked benefits of FSAs and HSAs. This episode is packed with practical advice and insights to help you navigate which financial moves you should make before year-end.Related Podcast Episodes:- Ep 196: Your Year-End Financial Planning Checklist- Ep 190: Year-End Tax Moves: Planning Ahead for a Stress-Free Tax Season Related YouTube Videos:- Reduce Your Taxes and AGI by Giving to Charity- What is the best way to take your RMD?Learn More:- Wiser Wealth Management- Schedule a Complimentary Consultation: Discover how we can help you achieve financial success.- Access Our Free Guides: Gain valuable insights on topics such as why most financial plans fail, how to leave a financial legacy, post-divorce financial planning, and more!Stay Connected: - Social Media: Facebook | Instagram | LinkedIn | Twitter- A Wiser Retirement® YouTube Channel This podcast was produced by Wiser Wealth Management. Thanks for listening!

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.

Happy Open Enrollment, Money Rehabbers! When you pick your health insurance plan, you're likely going to encounter FSAs or HSAs. Today, Nicole explains the difference between the two— and how to get the most out of both of them.

Expert Nerds talk through the complexities of open enrollment, starting with ways to assess healthcare plans and costs. This episode takes a deep dive into specific terminology and scenarios relevant to choosing health insurance coverage. Hosts Sean Pyles and Liz Weston start with an overview of open enrollment period timelines for November and December 2023 before welcoming guest Nerd Kate Ashford to explain deductibles, premiums, HMOs, PPOs and HDHPs.  Then, NerdWallet's Tina Orem joins the show to discuss the pros and cons of high deductible plans and the intricacies of Health Savings Accounts (HSAs) and both Medical and Dependent Care Flexible Spending Accounts (FSAs). In the second half of this episode, she zeroes in on selecting optimal health insurance for individual needs, discussing the merits and disadvantages of different health plans, budgeting for healthcare, and how to compare the benefits of an FSA and an HSA. In their conversation, the Nerds discuss: open enrollment, health insurance options, healthcare choices, high deductible plans, premiums, health savings accounts (HSAs), flexible spending accounts (FSAs), optimal health insurance, HMOs, PPOs, HDHPs, health insurance budgeting, FSA vs HSA, the use it or lose it rule, health insurance decision-making, health insurance terminology, healthcare strategies, health plan selection, medical costs, and types of health insurance coverage. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com. Like what you hear? Please leave us a review and tell a friend.

Join Timothy P. Pope, CFP®, as he explores what to expect during open enrollment, a key time for pilots to reassess and select their benefits for the upcoming year. As we approach the end of 2024, it's essential to make informed decisions that align with both your immediate needs and long-term financial goals. This episode provides a thorough breakdown of the various benefits available—from health insurance to legal benefits—and how to choose well based on your personal circumstances.What You'll Learn from This Episode:Strategies for Open Enrollment: Tim discusses how to evaluate and select health insurance plans, including the pros and cons of HSAs and FSAs.Maximizing Your Benefits: Insights into leveraging employer and union benefits including life insurance and legal aid.Special Considerations for Pilots: Specific advice for pilots dealing with unique employment structures and how to optimize benefits accordingly.Planning for Life Changes: How to adjust your benefits in response to major life events like marriage, children, divorce or changes in employment.Financial Planning Integration: Tips on integrating your benefit choices into your broader financial strategy to enhance security and reduce taxes.This episode is packed with actionable advice to help pilots navigate open enrollment and make choices that suit their financial needs.Resources:Schedule An Appointment Our Practice's WebsiteSend Us Your Questions: pilotmoneypodcast@ceterainvestors.comDisclosure:Timothy Pope is a Certified Financial Planner™ offering securities and insurance products offered through Cetera Investment Services LLC, member FINRA, SIPC. Advisory services are offered through Cetera Investment Advisers LLC. Tim's Branch Office is located at 5200 77 Center Drive, Suite 330, Charlotte, NC 28217. The branch phone number is 704-717-8900. The views depicted in this material are for information purposes only and are not necessarily those of Cetera Investment Advisers.This Podcast is designed to provide accurate and authoritative information on the subjects covered. It is not, however, intended to provide specific legal, tax, or other professional advice. For specific professional assistance, the services of an appropriate professional should be sought.

Join host Kate Welker on Money Roots as she demystifies the complexities of health insurance during the crucial open enrollment period. This episode focuses on understanding employer-sponsored plans, including HMOs, PPOs, and HDHPs with HSAs, providing listeners with essential insights to make informed decisions. Kate offers practical advice on comparing deductibles, co-pays, and network options, ensuring you find the coverage that best meets your needs. Additionally, she explores the healthcare exchange for those without employer coverage, guiding you through the process of selecting the right plan. Tune in to maximize your plan's potential and ensure a thriving financial future with your health insurance choices.Takeaways: Understanding the different types of health insurance plans is crucial during open enrollment. When comparing health plans, analyze deductibles, co-pays, and network coverage options thoroughly. Utilizing Health Savings Accounts (HSAs) can provide significant tax benefits and savings opportunities. It's important to evaluate your healthcare usage to choose the best plan for your needs. Always check if your preferred providers are in-network to avoid unexpected costs. Estimating your income accurately on the healthcare exchange is vital to avoid penalties later. Health insurance can be a complex landscape, particularly during open enrollment. Kate Welker offers an essential guide to navigating this process effectively. She starts by dissecting employer-sponsored plans, including HMOs, PPOs, and HDHPs that can be paired with HSAs. With a clear explanation of each plan type, Kate articulates the importance of comparing deductibles, co-pays, and provider networks, encouraging listeners to create a side-by-side comparison to understand their options better.Moreover, Kate delves into the advantages of HSAs and FSAs, explaining how these accounts can serve as valuable tools for managing healthcare expenses. She highlights how employers may contribute to these accounts, which can significantly enhance savings. By illustrating how to evaluate prescription drug coverage and the necessity of confirming network status with healthcare providers, Kate equips her audience with the knowledge needed to make informed decisions about their health insurance.For those not enrolled in employer-sponsored plans, the episode transitions into an exploration of the healthcare exchange. Kate emphasizes the importance of accurately estimating income as it relates to premium tax credits, providing guidance on how to avoid common pitfalls that can lead to back charges or overpayment. By analyzing the various metal tier plans available on the exchange, she helps listeners understand the balance between premium costs and coverage quality. Throughout the episode, Kate urges her listeners to utilize available resources, ensuring they feel supported in their quest for effective health insurance solutions.Resources:Kate Welker's episodes and blog articles at Rooted Planning Group: Rooted Planning GroupThrough this episode, listeners are encouraged to grasp the intricacies of health insurance thoughtfully. Be sure to tune in to the full episode of Money Roots for a comprehensive understanding and more expert advice from Kate Welker. Stay informed and continue to sow the seeds of financial knowledge for a robust financial future

Optimizing open enrollment is crucial, yet often overlooked, with over 40% of individuals regretting missed opportunities. It's important to remember that compensation includes not just salary but also benefits like medical and risk insurance, retirement contributions, and wellness perks. Failing to maximize these can leave financial value on the table.Key areas to focus on include reviewing retirement contributions, utilizing tax-advantaged accounts like HSAs and FSAs, and updating medical plans and beneficiary information. Employer life insurance, while limited, can complement private plans. Staying proactive ensures employees align their benefits with current needs and secure greater financial well-being.Want to learn more? Connect with us below!Pre-Order Dr. Cherry's book 'Wealth In The Key of Life'Sign up for 'Make Your Finances Flourish' Live Workshop!Get a Free Finances Guide and Check Out Financial Planning ServicesReceive Our Free Personal Finance NewsletterDr. Preston D. Cherry

Master your employee benefits during open enrollment with this episode. Jess and Brandon break down how to analyze health insurance options like HMOs, PPOs, and HDHPs, and explore often-overlooked benefits like vision, disability insurance, HSAs, FSAs, and more. Learn key strategies for maximizing your benefits, protecting your income, and taking advantage of hidden perks like adoption assistance and legal plans. Tune in for a complete guide to help you get the most out of your workplace benefits package.Watch this episode in video form on YouTube: https://www.youtube.com/channel/UCP55O4Ku4dukHcK0kExhpcATo apply to be a guest on the show, visit https://www.thesugardaddypodcast.com/guests/intake/ If you'd like to leave us a question to be answered during future episodes, you can do so at:https://www.speakpipe.com/thesugardaddypodcastYou can email us at: thesugardaddypodcast@gmail.comBe sure to connect with us on socials @thesugardaddypodcast we are most active on InstagramLearn more about Brandon and schedule a free 30-minute introductory call with him here: https://www.oakcityfinancial.us

Welcome to today's episode, where we'll explore the ins and outs of FSAs and HSAs. Joseph Giordano, compliance manager at Health-e Commerce, breaks down the compliance details, eligibility requirements, and the perks these accounts offer—everything HR professionals need to know. Visit HSA Store and FSA Store to learn more about eligible items!

Justin Mares is the Co-founder and CEO of Truemed, a payment tool that allows health and wellness brands and providers to harness consumer tax-free funds. He is also the Founder of Kettle & Fire, the Co-founder of Surely and Perfect Keto, and an investor at Long Journey Ventures. Justin strives to make health accessible and sustainable and create a food system that heals rather than harms. In this episode… Nearly 90% of the US population is at risk of chronic disease. While health accounts like HSAs and FSAs give consumers access to tax-free healthcare, they can only use them to cover qualified medical expenses. DTC wellness brands can offer the option to pay for products with these funds. How can these brands optimize this payment method to drive conversions and growth? Health and wellness serial entrepreneur Justin Mares capitalized on a market need for affordable chronic disease prevention. Health, wellness, and supplement brands can integrate one-click HSA and FSA payment options into their Shopify sites. Consumer drop-off rates between add-to-cart and check-out are 30-50%, so when provided with alternative payment methods, consumers can save 30-40% a year on wellness products, increasing brands' AOV, LTV, and conversion rates. Consumers can even make interest-free monthly payments on more expensive products. Join William Harris in today's episode of the Up Arrow Podcast as he interviews Justin Mares, the Co-founder and CEO of Truemed, about his tax-free solution for consumers with chronic illness. Justin also talks about his experience bootstrapping a brand, including transitioning from DTC to retail, his methods for scaling and gaining brand awareness, and how he became a serial entrepreneur in the health and wellness space.

BP has decided to sell its onshore wind business in the US, aligning with the company's return focusing on oil and gas. GE Vernova has partnered with Italian company Lizard Renewables to develop over a gigawatt of renewable power in Italy. Engie has added Ares Management as a partner in a 2.7 gigawatt portfolio in North America. Sign up now for Uptime Tech News, our weekly email update on all things wind technology. This episode is sponsored by Weather Guard Lightning Tech. Learn more about Weather Guard's StrikeTape Wind Turbine LPS retrofit. Follow the show on Facebook, YouTube, Twitter, Linkedin and visit Weather Guard on the web. And subscribe to Rosemary Barnes' YouTube channel here. Have a question we can answer on the show? Email us! Pardalote Consulting - https://www.pardaloteconsulting.comWeather Guard Lightning Tech - www.weatherguardwind.comIntelstor - https://www.intelstor.com NF92324 Allen Hall: I'm Allen Hall, president of Weather Guard Lightning Tech, and I'm here with the founder and CEO of IntelStor, Phil Totaro, and the chief commercial officer of Weather Guard Lightning Tech, Joel Saxum. And this is your News Flash. Newsflash is brought to you by our friends at IntelStor. If you want market intelligence that generates revenue, then book a demonstration of IntelStor at IntelStor. com French power utility Engie has partnered with Ares management in a significant us renewable energy deal. Engie North America has attracted Ares management infrastructure opportunities fund as a minority partner in a 2. 7 gigawatt portfolio. of operational solar, wind, and co located storage assets across the U. S. This transaction, NJ's largest operating portfolio sell down in the U. S., involves 15 plants across ERCOT, MESO, PJM, and SPP. Okay, Phil, a lot of acquisitions and mergers happening again, this time with Engie. Philip Totaro: Yeah, this one is Interesting a little bit because it's More or less their first foray besides what they've done in offshore. It's one of their first kind of forays into significant minority ownership from a financially focused partner And, Ares obviously has an appetite. Ares owns a few other assets in the U. S., either majority or significant minority as well. And so to add this kind of a portfolio to the mix gives both companies, It helps both companies achieve what they want in terms of, freeing up some additional capital for Engie to go reinvest in other projects and, bringing on a partner that wants financially viable assets in their, in their portfolio mix. So, look, we've talked about a number of these kinds of deals in the past where, a financially focused company gets into a portfolio, either minority, majority but partners in some way, shape, or form with an experienced owner and operator and it's, it's good to see this, this matchup. And I would expect if there's anyone else out there that hasn't already, executed deals like this, they are probably looking to go in this direction because there is a lot of capital that it's sitting on the sidelines right now. You're, you're not seeing tons and tons of new capital go into new project build out because of interest rates and et cetera. But there is capital kind of sitting on the sidelines that wants to be able to get into renewables. This is still one way they can do that by partnering on a pre existing portfolio. Joel Saxum: And from an operational standpoint, Ares just, I think, a few years ago acquired the majority stake in Apex Clean Energy. And when that happened, I know the Apex Teams ended up operating their assets more themselves. So, and where they were traditionally kind of like letting other ISPs or whatever, or, or FSAs manage them, they turned into a different financial model. So you can look for some of these assets that Engie manages right now with the Ares funds and to possibly adjust how they manage these things. from a operational standpoint as well. But like Phil said,

Unlock the secrets to maximizing your Health Savings Account (HSA). Discover strategies that can turn your HSA into a powerful financial tool for both immediate and long-term goals. Melissa Joy, CFP®, is joined by Bill Stuart, a leading expert who has been pioneering HSA knowledge since their inception in 2004. In this episode, they guide you through the myriad benefits and complexities of HSAs, revealing how these accounts combine the best features of IRAs and FSAs. Learn how to save pre-tax dollars, grow your savings tax-free, and make tax-free withdrawals for qualified medical expenses—all while ensuring your plan is HSA-eligible. They discuss treating your HSA as a lifetime account, allowing funds to accumulate tax-free without the pressure of annual reimbursements. They illustrate how paying out-of-pocket for medical expenses can let your HSA grow, which is especially beneficial during retirement. They also explore the investment potential of HSAs and their role in bridging the gap between early retirement and Medicare, highlighting the importance of selecting the right beneficiaries to ensure continued financial support for surviving spouses. Tune in to understand how you can leverage HSAs to their fullest potential and safeguard your financial future. Key Takeaways:  HSAs offer immediate tax benefits and can be used as a powerful tool for retirement planning. Eligibility for HSAs is based on specific criteria, including the type of health plan and coverage. Contributions to HSAs are tax-deductible and can be made by both individuals and employers. HSAs offer investment options, and the funds can be used for qualified medical expenses tax-free.  Resources:  Purchase Bill's book: HSAs: The Tax-Perfect Retirement Account  Connect with Bill on LinkedIn   Links are being provided for information purposes only. The information herein is general and educational in nature and should not be considered legal or tax advice. Tax laws and regulations are complex and subject to change, which can materially impact investment results. Pearl Planning cannot guarantee that the information herein is accurate, complete, or timely. Pearl Planning makes no warranties with regard to such information or results obtained by its use and disclaims any liability arising out of your use of, or any tax position taken in reliance on, such information. Consult an attorney or tax professional regarding your specific situation. Please note, changes in tax laws or regulations may occur at any time and could substantially impact your situation. Pearl Planning financial advisors do not render advice on tax matters. You should discuss any tax matters with the appropriate professional. 

One is the darling of the personal finance world, the other is her outcast cousin. But we're shining a light on the 'ugly duckling' and telling you one might be right for you—and it might not be the one you think. In this episode, Jen and Jill shed light on FSAs and HSAs and provide tips to help you determine which one is right for you!

Learn the basics of HSAs and FSAs on recommending tax-advantaged accounts to clients. There are considerations involved in advising clients on HSAs and FSAs. From understanding eligibility criteria and optimal contribution strategies to analyzing spending patterns and tax implications, we cover the critical factors that impact decision-making.Read our Broker BlogBook a BerniePortal Demo

Today, Nick and Fei sit back down with Michael Foley to talk about employee benefits for physicians. What exactly is a 457? What are HSAs and FSAs, and how are they different? Michael answers all our questions.  Michael is an investment advisor representative of Cetera Advisor Networks, LLC. Securities offered through Cetera Advisor Networks LLC, member FINRA/SIPC. Advisory Services offered through Cetera Investment Advisers LLC, a registered investment adviser. Cetera is under separate ownership from any other named entity. 6720 N Scottsdale Rd Ste 290, Scottsdale, AZ 85253. Michael's Bio: https://www.northstarfinancial.com/advisors/michael-foley/ Questions: FoleyTeam@NorthStarFinancial.com Statistics: Next Millionaire Next Door – Thomas Stanley YouTube Channel: Lifestyle Creep https://www.youtube.com/@Lifestyle-Creep Wendy de la Rosa TED Talk: https://www.youtube.com/playlist?list=PLOGi5-fAu8bENcBPN_-1fxoFKZMFn5kHx Time Magazine Article: https://time.com/25208/how-to-be-more-satisfied-with-your-life-5-steps-proven-by-research/ Social media: https://www.maxwell.syr.edu/research/lerner-center/population-health-research-brief-series/article/there-are-costs-from-spending-too-much-time-on-social-media The opinions contained in this material are those of the author, and not a recommendation or solicitation to buy or sell investment products. This information is from sources believed to be reliable, but Cetera Advisor Networks LLC cannot guarantee or represent that it is accurate or complete. Before investing, the investor should consider whether the investor's or beneficiary's home state offers any state tax or other benefits available only from that state's 529 Plan. For a comprehensive review of your personal situation, always consult with a tax or legal advisor. Neither Cetera Advisor Networks LLC nor any of its representatives may give legal or tax advice. Nick and Fei are not affiliated or registered with Cetera Advisor Networks LLC. Any information provided by Nick and Fei is in no way related to Cetera Advisor Networks LLC or its registered representatives.   Twitter: @creogsovercoff1 Instagram: @creogsovercoffee Facebook: www.facebook.com/creogsovercoffee Website: www.creogsovercoffee.com Patreon: www.patreon.com/creogsovercoffee You can find the OBG Project at: www.obgproject.com

Today, Nick and Fei sit back down with Michael Foley to talk about employee benefits for physicians. What exactly is a 457? What are HSAs and FSAs, and how are they different? Michael answers all our questions.  Michael is an investment advisor representative of Cetera Advisor Networks, LLC. Securities offered through Cetera Advisor Networks LLC, member FINRA/SIPC. Advisory Services offered through Cetera Investment Advisers LLC, a registered investment adviser. Cetera is under separate ownership from any other named entity. 6720 N Scottsdale Rd Ste 290, Scottsdale, AZ 85253. Michael's Bio: https://www.northstarfinancial.com/advisors/michael-foley/ Questions: FoleyTeam@NorthStarFinancial.com Statistics: Next Millionaire Next Door – Thomas Stanley YouTube Channel: Lifestyle Creep https://www.youtube.com/@Lifestyle-Creep Wendy de la Rosa TED Talk: https://www.youtube.com/playlist?list=PLOGi5-fAu8bENcBPN_-1fxoFKZMFn5kHx Time Magazine Article: https://time.com/25208/how-to-be-more-satisfied-with-your-life-5-steps-proven-by-research/ Social media: https://www.maxwell.syr.edu/research/lerner-center/population-health-research-brief-series/article/there-are-costs-from-spending-too-much-time-on-social-media The opinions contained in this material are those of the author, and not a recommendation or solicitation to buy or sell investment products. This information is from sources believed to be reliable, but Cetera Advisor Networks LLC cannot guarantee or represent that it is accurate or complete. Before investing, the investor should consider whether the investor's or beneficiary's home state offers any state tax or other benefits available only from that state's 529 Plan. For a comprehensive review of your personal situation, always consult with a tax or legal advisor. Neither Cetera Advisor Networks LLC nor any of its representatives may give legal or tax advice. Nick and Fei are not affiliated or registered with Cetera Advisor Networks LLC. Any information provided by Nick and Fei is in no way related to Cetera Advisor Networks LLC or its registered representatives.   Twitter: @creogsovercoff1 Instagram: @creogsovercoffee Facebook: www.facebook.com/creogsovercoffee Website: www.creogsovercoffee.com Patreon: www.patreon.com/creogsovercoffee You can find the OBG Project at: www.obgproject.com

In this episode, we'll explore valuable tips and strategies for employers considering offering a flexible spending account (FSA) to their employees. Zac Johnson, regional sales director here at WEX, joins us to share his tips on how to craft an effective FSA plan for your company, ensuring your employees make the most of this valuable benefit.

In this episode, hosts Cristina and Randy tackle the often mystifying realm of paychecks. With over half of Americans confused about terms like HSA and FSA, Brandon and Andrew from Addition Financial join the discussion to shed light on paycheck breakdowns. They cover gross vs. net pay, types of deductions, common W-4 mistakes, and the differences between HSAs and FSAs. Exploring tax brackets and maximizing earnings, they offer valuable insights to help listeners navigate their paychecks more effectively. The Expert Bi-Weekly Paycheck Budget & Savings Plan: resources.additionfi.com/bi-weekly-savings-plan Learn More about Addition Financial: additionfi.com/

Want to know how to avoid capital gains on your next home sale? If you tune in, you may dodge a quarter-of-a-million-dollar bullet (or more!). What about investing in one of the most tax-advantaged accounts that almost EVERYONE should have but most people don't? What do you do when a family member asks to borrow money from you but has a bad track record with keeping their personal finances together? We're getting into it all and more on this finance FAQ with Amanda and Scott! We get a ton of personal finance questions through the BiggerPockets Forums and our Facebook Page, so we decided to round up some of the most common ones and answer them for you. First, we're talking about how to dodge capital gains tax when selling your home. Then, a concerned listener asks whether they should take out a loan on a family member's behalf. A high-income earner wants to know whether renting or buying is their best bet, and we share whether paying off your mortgage early is a mistake! Got a medical expense coming up, or just want to boost your retirement investing? We'll answer whether an HSA (health savings account) beats an FSA (flexible spending account)—but make sure you get this one right. If you invest in one of these accounts the wrong way, you'll be throwing money away. Finally, a debt-free chaser asks whether they should use their emergency reserves to pay off debt or keep slowly slogging away with the snowball method. In This Episode We Cover How to avoid capital gains tax when selling your primary residence HSAs (health savings accounts) vs. FSAs (flexible spending accounts) Whether or not to use your emergency fund to pay off credit card debt  Why you may want to reconsider loaning a family member money  Whether to buy or rent in today's housing market (EVEN with low money down) Pay off your mortgage early or invest the rest of your money? And So Much More! Links from the Show BiggerPockets Money Facebook Group Network with Other Investors on The Path to FIRE Through the BiggerPockets Forums Finance Review Guest Onboarding Join BiggerPockets for FREE Mindy on BiggerPockets Listen to All Your Favorite BiggerPockets Podcasts in One Place Apply to Be a Guest on The Money Show Podcast Talent Search! Money Moment Find an Investor-Friendly Agent in Your Area Find Investor-Friendly Lenders Fidelity Investments She Wolf of Wall Street Website Emergency Fund: How Much Do You Really Need in 2024? How to Pay Off Credit Card Debt FAST ($30K+ in 1 Year!) Renting a Home Is Financially Better Than Buying—Wait, What?! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/money-519 Learn more about your ad choices. Visit megaphone.fm/adchoices

We know that motivating homeowners to invest in energy efficiency retrofits and home upgrades is hard. Energy efficiency might not sound glamorous, but across the US, retrofits can actually cut our residential energy usage in half. That's why when I met Scope Zero CEO Lizzy Kolar, I was excited to learn about her company's novel way of motivating home upgrades. What Lizzy and her co-founder realized is that our homes are now workplaces. And, with employers having to account for emissions for remote workers, they now have an incentive to help homeowners invest in upgrades. Enter the Carbon Savings Account (CSA). Modeled after FSAs and HSAs, the CSA can scale quickly and help millions of homeowners across the US to begin investing in upgrades they've been putiing off. In this episode, we hear about Lizzy's background, the founding story of Scope Zero, the problems they're trying to solve, the best home upgrade investments, how the home upgrade ecosystem has been evolving, and much more. This is a fast and to-the-point episode. Hope you enjoy it.In today's episode, we cover:[03:02] Lizzy's background, what sparked her interest in climate & founding Scope Zero[05:50] Key needs that Scope Zero is addressing[07:17] The HSA model & how it works[08:24] How the HSA model translates to climate action[09:20] How someone might use the money they put in a Scope Zero account[10:15] What holds homeowners back from making investments[11:40] Evidence that consumers will invest in CSAs[12:23] The benefits of government incentives - Inflation Reduction Act[12:53] What home upgrades should be prioritized[14:43] The benefits of a Scope Zero CSA for employers[16:34] ROI for employers[17:53] CSAs in practice & the response[18:27] How far along is Scope Zero & the growth plan[19:44] Scope Zero's total addressable market & opportunity[20:27] Quantifying impact in terms of emissions reduced & environmental benefits[21:06] Tracking the impact of CSAs using dashboards & data[21:44] Customers' access to a partner vendor network[22:14] How the ecosystem surrounding home upgrades is evolving[23:08] How Scope Zero is financed & raising funding[23:47] Opportunities for aligning interests & motivating changeResources MentionedScope ZeroTomKat Center for Sustainable Energy - StanfordCaltech Rocket FundCollaborative FundConnect with Lizzy KolarConnect with Lizzy on LinkedInConnect with Jason RissmanOn LinkedInOn TwitterKeep up with Invested In ClimateSign up for our NewsletterLinkedIn

In this episode of the ShiftShapers podcast, David Sloves, CEO of Nonstop Health, discusses the evolution and impact of Medical Expense Reimbursement Plans (MERPs) in the healthcare industry. He explains how MERPs differ from traditional health reimbursement arrangements (HRAs), HSAs, and FSAs by offering first-dollar coverage and customizable financial outcomes for both employers and employees. Sloves outlines the historical context of MERPs, their tax benefits, and how they aim to address the skyrocketing costs of healthcare and improve access to medical services. The conversation also covers the challenges of implementing MERPs, their role in enhancing employee satisfaction, recruitment, and retention, and the broader implications for the healthcare system in the United States. Through anecdotes and data, Sloves makes a case for MERPs as an ethical and effective solution to the current healthcare crisis.We wrap up by celebrating the successes of mission-driven companies in the healthcare industry, specifically how they've introduced advanced healthcare programs to employers. David Slove recounts overcoming initial skepticism and the strategies that led to significant financial benefits for clients, thanks to the MERP model. As we close, we reflect on the cascading impact of such inclusive healthcare initiatives. These efforts aren't just reshaping employee benefits—they're empowering businesses, stimulating the consulting community, and fostering a culture of retention and recruitment excellence from the heart of conservative states to the broader national arena.

How the government, particularly the IRS, looks at exercise and diet versus weight loss drugs and other pharmaceuticals is discussed in this episode with Calley Means and Robert F. Kennedy Jr. Here is part of an official statement from the Internal Revenue Service website: WASHINGTON — Amid concerns about people being misled, the Internal Revenue Service recently reminded taxpayers and heath spending plan administrators that personal expenses for general health and wellness are not considered medical expenses under the tax law. This means personal expenses are not deductible or reimbursable under health flexible spending arrangements, health savings accounts, health reimbursement arrangements or medical savings accounts FSAs, HSAs, HRAs, and MSAs. This reminder is important because some companies are misrepresenting the circumstances under which food and wellness expenses can be paid or reimbursed under FSAs and other health spending plans. Some companies mistakenly claim that notes from doctors based merely on self-reported health information can convert non-medical food, wellness and exercise expenses into medical expenses, but this documentation actually doesn't. Such a note would not establish that an otherwise personal expense satisfies the requirement that it be related to a targeted diagnosis-specific activity or treatment; these types of personal expenses do not qualify as medical expenses. Full statement: https://www.irs.gov/newsroom/irs-alert-beware-of-companies-misrepresenting-nutrition-wellness-and-general-health-expenses-as-medical-care-for-fsas-hsas-hras-and-msas --- Send in a voice message: https://podcasters.spotify.com/pod/show/rfkjr/message

Are you enrolled in a Health Savings Account? (HSA) In addition to being used for immediate medical expenses, it provides tax advantages and can be used as an additional retirement tool. Jason reviews the requirements for an HSA, such as enrolling in a high-deductible health plan and the potential to invest contributions for long-term growth. He also introduces the concept of a Limited Purpose Flexible Spending Account (FSA), which can complement an HSA by covering specific health expenses like dental and vision care. Tune into this episode to also learn:How HSAs can be strategically used for both immediate and long-term health expensesThe criteria and benefits of enrolling in a high-deductible health plan to qualify for an HSAThe advantages of investing in HSA contributions to build additional retirement savingsUnderstanding the role and benefits of limited-purpose FSAs in conjunction with HSAs, specifically for dental and vision expensesWhat we discussed[00:01:14] Eligibility criteria for HSAs[00:02:12] Using HSAs as an investment tool for retirement.[00:03:16] Strategy for utilizing HSAs for future health expenses.[00:05:07] Eligibility and usage of Limited Purpose FSAs3 Things To RememberHSAs offer tax advantages and can be used for immediate and future health expenses.Investing in HSA contributions can provide additional retirement savings.Limited Purpose FSAs are valuable for covering specific health costs, complementing HSAs.Useful LinksConnect with Jason Gabrieli: jgabrieli@HFMadvisors.com | LinkedInLike what you've heard…Learn more about HFM HERESchedule time to speak with us HERECheck out our Financial Wellness Program – HFM Ignite

Jeremiah, Brian, and Steve Cilley navigate through economic trends and financial strategies. Contrary to past recession predictions, they discuss the importance of anchoring financial plans to personal goals, urging listeners not to let politics dictate their approach. Unraveling the true essence of portfolio rebalancing, the hosts delve into its strategic nuances. The episode sparks debates on Basic Universal Income, higher minimum wages, and the intricacies of S.A.L.T. taxes. Exploring the complexities of tax codes, they question the necessity of convoluted structures and offer valuable tax strategies related to Health Savings Accounts (HSAs). Today's lesson: TAKE ACTION!   Watch, Subscribe, Ask! https://www.therealmoneypros.com   Hosts: Jeremiah Bates, Financial Advisor Brian Wiley, Financial Advisor Steve Cilley, CEO of Ataraxis PEO ————————————————————— SPONSORS:   Academy Mortgage: https://academymortgage.com/?lo=dave-perry&utm_source=podcast&utm_medium=description&utm_campaign=show_sponsor   Lively (HSAs and FSAs) https://livelyme.com/pro   Ataraxis PEO https://ataraxispeo.com/offer   Tree City Advisors of Apollon: https://www.treecityadvisors.com   Apollon Wealth Management: https://apollonwealthmanagement.com/ —————————————————————

Today Nicole gives you the playbook for major savings when it comes to health insurance and medical bills. Plus, she decodes some of the common alphabet soup in health insurance (HSAs, FSAs, WTF?).

It's open enrollment season. Elisabeth Benjamin, vice president of Health Initiatives at the Community Service Society and co-founder of the Health Care for All New York Campaign, answers questions from listeners on ACA plans, the different types of employer plans, FSAs, HSAs and more ins and outs of picking the right health insurance plan.

We're kicking off the week by answering your listener questions! And if you have a question that you'd like for us to answer on the show, we'd love for you to submit your own via HowToMoney.com/ask , send us your voice memo. Regardless of how random or bizarre you might think it is, we want to hear it!   1 - What are the tax consequences of selling a single stock within my Roth IRA? 2 - How do I shift my mindset from saver to spender as I enter my retirement years? 3 - I'm getting close to making too much money to qualify for a Roth- how can I avoid that income threshold? 4 - Will closing a bank account that I've had since my teenage years hurt my credit score? 5 - Are Flexible Spending Accounts (FSA) worth the hassle?   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear' is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It's fun, free, & practical. Join a thriving community of fellow money in the HTM Facebook group. Find the best credit card for you with our new credit card tool! Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.   During this episode we enjoyed a Blood Orange Double Wit by Ponderosa Brewing- a big thanks to Bob for donating this one to the pod! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you're not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.

#140: A deep dive into health insurance and other benefits you'll need to make decisions about during your upcoming open enrollment. We'll cover health plans in depth, but also dental, vision, HSAs, FSAs, employer life insurance and more. Link to Full Show Notes: https://www.allthehacks.com/open-enrollment-2024 Partner Deals Notion: Try Notion AI free to automate tedious tasks and streamline your work Athletic Greens: Free 1 year supply of Vitamin D and 5 free travel packs MasterClass: Learn from the world's best with 15% off Copilot: Free 2 months access to my favorite personal finance app with code HACKS2 Henson Shaving: Plastic-Free, Precision-Built Razors + $100 free Blades For all the deals, discounts and promo codes from our partners, go to: allthehacks.com/deals Resources Mentioned All the Hacks: #34: Hacking Healthcare, Prescriptions and Medical Bills with Marshall Allen Email for questions, hacks, deals, feedback: podcast@allthehacks.com Last Week Tonight with John Oliver: Health Care Sharing Ministries Online Direct Primary Care For Pediatrics: Summer Health | Blueberry Marshal Allen's Book: Never Pay the First Bill Online Sites for Prescriptions: GoodRx | RxSaver Oura Ring DNA Genetic Testing: 23andMe Online HSAs: Lively | Starship HSA Hawaii Recommendations: Restaurants (Kid-Friendly): Lava Lava Beach Club | CanoeHouse at Mauna Lani Water Activities: Ocean Sports | Snorkel Bob's Full Show Notes (02:27) HMOs, PPOs & EPOs (03:47) Deductible (04:44) Coinsurance (05:40) Out of Pocket Maximum (06:20) High Deductible Health Plan (07:35) Coverage: In-Network & Out of Network (09:16) Insurance Brokers (14:55) Selecting a Carrier (17:55) Premiums (20:39) First Dollar Coverage (21:50) HSA Hack: Use Your Cash Flow For Expenses (25:10) Why The Platinum Plan Doesn't Make Sense (29:55) Health Insurance Hacks (31:13) Medical Sharing Plans (33:36) Ways To Save (36:16) Dental & Vision Insurance (37:56) FSA for Health (40:47) Using HSA (41:41) Pre Tax Transit (41:56) Life & Disability Insurance (43:18) Tips from Chris's Trip to Hawaii Connect with All the Hacks All the Hacks: Newsletter | Website | Membership | Email Chris Hutchins: Twitter | Instagram | Website | LinkedIn Editor's Note: The content on this page is accurate as of the posting date; however, some of our partner offers may have expired. Opinions expressed here are the author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode Toby sits down with long time friend Travis Barker of Blink-182 to catch up & discuss his journey up until now, his first bands, family, skateboarding, Blink-182, FSAS, plane crash, addiction, love for all types of music, DTA, new life & wife, new album, his faith and sobriety. Please remember to rate, review and subscribe and visit us at https://www.youtube.com/tobymorseonelifeonechance Please visit our sponsors! Athletic Greens https://athleticgreens.com/oloc Removery https://removery.com code TOBYH2O Liquid Death https://liquiddeath.com/toby