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What Is a Health Savings Account?

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Health savings accounts, or HSAs, are tax-advantaged savings opportunities for people with a high deductible health plan. They let you cover medical expenses like copays and deductibles while providing a tax break and helping you save for the future. As of 2022, an individual can contribute up to $3,650, or $7,300 for a family.

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When It Come to Employee Mental Health, These 10 Companies Are Setting the Example

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Mental health has been top of mind for employees and employers alike for a few years now. But some companies are continuing to push to improve the lives of their employees or their clients as innovators in the future of mental health. Here are the companies pushing toward change in mental health in 2024.

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Employee Wellbeing Platform Gympass Surpasses 250 Million check-ins

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This has given Gympass a tremendous boost, leading to a 44% surge in corporate clients in 2022 compared to 2021, such as Citizens Bank, SeatGeek and University of Phoenix. What’s going on: The demand for workplace wellbeing has created a surge in interest for Gympass — the world’s largest employee wellbeing platform.

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How Financial Wellness Programs Can Benefit Employees and Employers

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Gone are the days when new employees received a list of the company holidays during onboarding and a packet with information about how to sign up for health care and retirement benefits. In 2022, YNAB launched a financial wellness benefits package for employers that includes access to online classes, workshops and more.

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From the Archives: The Ultimate Cost of Penny-Pinching

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No one can afford to transact important business when they are not in prime condition, and it pays one in health and in comfort, as well as financially, to be very good to oneself , especially when health and a clear brain are our best capital. The Expensive Is Often the Cheapest. When Saving Money Means Losing Health.

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Paying Candidates for Interviews: What Should Be Covered and Why?

Success

But as all eyes are on mental health and wellness improvements in the workplace , employers are facing a new ethical dilemma: Should they pay candidates who interview? William Stonehouse III, president and co-founder of Crawford Thomas Recruiting, has an eye on the trend of paying for interviewing expenses. A babysitter.

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Tax Planning for Freelancers: 5 Strategic Moves To Make Now To Avoid Tax Pain Next Year

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Firstly, it is the simplest and least expensive form of business to set up and maintain. Sole proprietors report their business income and expenses on their personal tax returns, simplifying the tax filing process, and there are fewer ongoing compliance obligations compared to other business structures. To qualify for FEIE as a U.S.

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