Did you know your Flexible Spending Accounts (FSAs and DCAs) need Discrimination Testing?
Flexible Spending Accounts (FSAs) and Dependent Care Accounts are valuable employee benefits offered by many employers to assist workers with managing healthcare and dependent care expenses. However, to ensure these accounts comply with regulations and aren’t unfairly advantageous to higher-paid employees, discrimination testing is mandated by the Internal Revenue Service (IRS). Purpose of Discrimination Testing […]
Employer Assistance Programs (EAPs): Unlocking Employee Well-being and Performance
Does your company have Employer Assistance Programs (EAPs)? Most do as part of the standard benefit package. An Employer Assistance Program is a comprehensive support system designed to enhance employees’ well-being, assisting in various personal and professional areas. This service benefits individual employees and amplifies organizational productivity and efficiency. EAPs are proactive, addressing challenges before […]
Be Prepared for Open Enrollment Season
Are you ready to dive into the open enrollment season? Get ready to navigate the complex world of employee benefits with ease. At Kona HR, we understand that understanding your options and making informed decisions is crucial. That’s why we’re here to help you be prepared for open enrollment. Missing out on valuable benefits is […]
