Empowering Millennials: Building a Competitive Benefits Package

August 26, 2024
by anchoradmin
Category: Custom ContentEmployee Benefits

Tags: Millennials

Today’s workforce is a mix of generations, but you can’t afford to overlook Millennials, the largest generation in the workforce. Known for their flexibility and problem-solving skills, Millennials bring a powerful combination of experience and value to any company. Millennials, also known as Generation Y, are a driving force in today’s job market. This generation […]

Understand Your Spending Power: What You Can Buy with Your FSA, HSA, or HRA

August 19, 2024
by anchoradmin
Category: HealthcareMedical Savings Accounts

Tags: FSAsHRAsHSAs

Medical expense accounts can help you save on all kinds of healthcare costs. Here are some you may not know about yet. HSA, FSA, and HRA can typically be used for: Medical expenses: Doctor visits, surgeries, prescriptions, dental and vision care, and mental health services. Over-the-counter (OTC) medications: Many OTC medications, including pain relievers, allergy […]

Navigating the Alphabet Soup: HRAs, HSAs, and FSAs Explained

August 12, 2024
by anchoradmin
Category: Custom ContentMedical Savings AccountsUncategorized

Tags: FSAsHRAsHSAs

Managing healthcare costs can feel like deciphering a complex code. Three acronyms frequently pop up: HSAs, HRAs, and FSAs. But what exactly do they mean, and which one is right for you? Let’s break down these accounts and explore how they can help you save on qualified medical expenses. Understanding the Accounts: Health Savings Accounts […]

Routine Maintenance Reduces Risk and Losses: Plumbing Maintenance

August 5, 2024
by anchoradmin
Category: ChurchMaintenanceNonprofit

Tags: Church MaintenancePlumbing Maintenance

We know that when you think of doing ministry, you’re probably not envisioning inspecting your roof, replacing filters, and making sure gutters are clear. But each of these tasks is part of keeping your building and grounds in order. A church that is taken care of can better serve its congregation the community. The last […]

Benefits 101: What Is an HDHP?

July 29, 2024
by anchoradmin
Category: Custom ContentHealth Insurance

Tags: HDHPHigh Deductible Health Plan

In today’s world of complex health insurance options, High Deductible Health Plans (HDHPs) have become increasingly popular. But with a name like “high deductible,” it’s natural to have questions. Let’s break down the basics of HDHPs: What is an HDHP? An HDHP is a health insurance plan with a higher deductible than traditional plans. This […]

Empowering Gen X: Building a Competitive Benefits Package

July 22, 2024
by anchoradmin
Category: Custom ContentEmployee Benefits

Tags: Gen X

Today’s workforce is a mix of generations, and Gen X is a group you can’t afford to overlook. Known for their flexibility and problem-solving skills, Gen X employees bring a powerful combination of experience and value to any company. Gen X, those born between 1965 and 1980, makes up a significant chunk (27%) of today’s […]

Risk Insights: Protecting Donations

July 15, 2024
by anchoradmin
Category: ChurchNonprofitProperty and CasualtyZywave

Tags: DonationsTithes

Donations or tithes are a critical part of operations at a religious organization. The money collected may be used to keep your organization afloat or give back to the community. While most people view their religious organization as a place of peace and trust, there are those who may take advantage of that atmosphere to […]

HSAs Made Easy: Learn the Essentials & Protect Your Savings from Mistakes

July 8, 2024
by anchoradmin
Category: Employee BenefitsHealth Plan

Health savings accounts (HSAs) have become a vital part of many employers’ benefits packages, offering employees a powerful tool to manage healthcare expenses while benefiting from tax advantages. However, managing HSAs goes beyond just facilitating contributions. It also involves understanding and addressing mistakes with distributions that employees might encounter. This article delves into the basics […]

PCORI Fee Filing Deadline

July 1, 2024
by anchoradmin
Category: Compliance

Tags: ACAPCORI Fee

The Patient-Centered Outcomes Research Trust Fund fee, often referred to as the PCORI fee, can be a source of confusion for employers offering health insurance plans. This article aims to simplify what the PCORI fee is, why it exists, and how it impacts your business. What is the PCORI Fee? The PCORI fee is an […]

Investing in Health Prevention and Wellness: A Smart Bet

June 24, 2024
by anchoradmin
Category: Custom ContentHealthHealthcare

Tags: Health & WellnessPreventive Care

The old adage “an ounce of prevention is worth a pound of cure” rings truer than ever in today’s world. While reactive healthcare plays a crucial role in treating illness, a growing emphasis is being placed on the power of health prevention and wellness. Investing in preventive measures and promoting overall well-being isn’t just about […]

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