Open enrollment can be a time-consuming process, and employees who miss the open enrollment period may be unable to make benefit changes until the next plan year, unless they experience a qualifying life event or another permitted enrollment opportunity. Notably, passive enrollment can be an effective option for employers whose …
Health savings accounts (HSAs) are powerful tax-advantaged tools designed to help individuals with high-deductible health plans (HDHPs) save for medical expenses. As 2026 approaches, staying compliant with new HSA regulations and IRS rules is more important than ever. Tax Benefits of an HSA: Tax-deductible or pre-tax contributions (via payroll deductions). …
Many members of Generation Z (Gen Z) express needing help during open enrollment, as they have less experience in selecting benefits than other generations who have been in the workforce longer. Gen Z, individuals born between 1997 and 2012, make up nearly all of the current and next wave of …
