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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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Planning to Work Abroad? Here’s What You Need to Confirm with Your Employer First

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But since the beginning of the pandemic, when many businesses switched to employees working 100% remotely, the concept is trending—leading to a threefold increase in the number of digital nomads from 2019–2022. Examine the fine print on your health care policy Go over your health care policy and ask about coverage.

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Offering Financial Literacy Benefit Programs Could Save Businesses $40 Billion

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High financial stress among employees, including those with high incomes, can lead to mental and physical health impacts, which cost businesses in lost productivity. businesses approximately $40 billion in lost productivity in 2022 alone. The implications of such financial distress are profound, costing U.S.

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6 Reasons Men Are Not Working as Much as They Used To

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“This shift is partly driven by the desire to avoid the burnout experienced by their predecessors, who often worked long hours at the expense of their personal lives.” Mental health and addiction issues on the rise The Association of American Medical Colleges published an article called “ Men and mental health: What are we missing?

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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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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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