Flyte Blog
Health FSA and the IRS Substantiation Requirements
On March 29, 2023, the IRS released Memorandum #202317020, which highlights the need to comply with Health FSA reimbursement requirements when substantiating medical and dependent care expenses. In this discussion, we’ll explore the consequences […]
ICHRA and Section 125 Plans = Greater Tax Savings
Offering employee benefits and more importantly, flexible benefits can be costly. One very affordable solution for employers that offers flexibility in employees choosing their own insurance policies and a menu of benefits is combining a Section 125 Cafeteria […]
The End of COVID-19 National Emergencies: What it Means for COBRA, FSA, and Telehealth
President Biden has informed Congress that he plans to end the COVID-19 national emergencies on May 11, 2023. While this is a promising sign of progress, it also means that the temporary […]
Common HR Compliance Risks for Start-Ups
HR is Often Overlooked During the Startup Years
Often, start-up companies prefer the freedom to focus limited time and resources on their industry specific objectives rather than on becoming subject matter experts on human resource management and compliance. However, […]
Staying Up-to-Date with DOL Poster Requirements
With today’s workforce it is imperative that employers stay up-to-date with Department of Labor Poster Requirements as well as the various regulations imposed by each State, City and/or local and other governing agencies. […]
Individual Coverage HRA (ICHRA): A New Strategic Benefit
ICHRA provides a clear path to choice and savings.
Due to the growing demand for flexible, personalized employee benefits, ICHRA stands out as s strategic benefit that can greatly enhance human capital incentives for companies across all industries. When […]
HRAs are leading the charge in benefits
According to HRA industry experts, HRA’s are leading the charge as the health insurance benefits game changer! ICHRA and QSEHRAs are a winner in the biggest areas: Budget and Choice! […]
LSAs and their place in employee benefits
Fund employee well-being with a Lifestyle Spending Account (LSA)
In this highly competitive employment market, employees want and need more than wages and the traditional benefits employers currently offer. They would like support in other […]
