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In the United States, a flexible spending account (FSA), also known as a flexible spending arrangement, is one of a number of tax-advantaged financial accounts, resulting in payroll tax savings. [1] One significant disadvantage to using an FSA is that funds not used by the end of the plan year are forfeited to the employer, known as the "use it ...
Adoption of flexible benefits has grown considerably, with 62% of employers in a 2012 survey offering a flexible benefit package and a further 21% planning to do so in the future. [19] This has coincided with increased employee access to the internet and studies suggesting that employee engagement can be boosted by their successful adoption. [20]
A Health Reimbursement Arrangement, also known as a Health Reimbursement Account (HRA), [1] is a type of US employer-funded health benefit plan that reimburses employees for out-of-pocket medical expenses and, in limited cases, to pay for health insurance plan premiums.
Policy Innovation and Health Insurance Reform in the American States: An Event History Analysis of State Medical Savings Account Adoptions (1993-1996) Bowen, William R. Florida State University Dissertation (2005). This source provides a history of the development of the medical savings account at the level of state government.
Penn State trustees voted 26-6 on Friday to approve a proposal that would create a 2.5% general salary increase for university employees. The pay bump, retroactive to July 1, will take effect ...
A FSA Debit Card is a type of debit card issued in the United States against a special tax-favoured spending accounts. These include accounts such as flexible spending accounts (FSA), health reimbursement accounts (HRA), and sometimes health savings accounts (HSA). An example of a Flexible spending account debit card with info edited out.
Penn State Shenango has student athletics participating in men's basketball, women's volleyball and women's basketball. In 2022, the campus is expected to launch a co-ed golf program. [2] The school competes in the Penn State University Athletic Conference (PSUAC) and is a member of the United States Collegiate Athletic Association (USCAA). [3]
Pa. Pressroom is a regular recap of politics in Harrisburg and Washington, D.C. To submit tips and news leads, contact USA TODAY Network Pennsylvania state capital bureau reporter Bruce Siwy at ...