by NYBEST | Oct 28, 2024 | News
On Oct. 22, 2024, the IRS released Revenue Procedure 2024-40 (Rev. Proc. 24-40), which includes the inflation-adjusted limit for 2025 on employee salary reduction contributions to health flexible spending accounts (FSAs). For plan years beginning in 2025,... by NYBEST | Oct 14, 2024 | News
We all know that financial stress can be a burden mentally, but it can also have a negative effect on your physical health. Understanding the relationship between financial and physical wellness can help you improve both areas of your life. Health Concerns Financial... by NYBEST | Oct 7, 2024 | News
Experts predict that the United States may have another early start to the influenza (flu) season this year. When colder weather arrives, flu rates typically increase, peaking between December and February. This article previews the 2024-25 flu season and provides... by NYBEST | Sep 23, 2024 | News
Open enrollment is a critical period for both employees and employers. It’s the time when employees can make important decisions about their benefits, which can significantly impact their health, financial well-being and overall job satisfaction. However, many... by NYBEST | Sep 9, 2024 | News
Each year, Medicare Part D requires group health plan sponsors to disclose to individuals who are eligible for Medicare Part D and to the Centers for Medicare and Medicaid Services (CMS) whether the health plan’s prescription drug coverage is creditable. Plan sponsors...