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Created On: 04/17/2025
in FSA/HRA/HSA Medical FSA
Flexible Spending Accounts (FSAs) are use-it-or-lose-it meaning most plans require you to spend the money within the year. Some plans offer a helpful grace period, giving you extra time to spend any unused funds after the end of the year. Watch th...
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Created On: 04/17/2025
in FSA/HRA/HSA Medical FSA
Flexible Spending Accounts (FSAs) are use-it-or-lose-it meaning most plans require you to spend the money within the year. However, some plans offer a helpful carryover option allowing you to carry forward dollars from one plan year into the next....
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Watch this short video to understand how to pair a Health Savings Account (HSA) with a Limited Purpose FSA.
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Created On: 04/17/2025
in Video Library
Sentinel's financial wellness program is designed to help you move forward and accomplish your goals. Watch this short video to learn more:
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An HSA (Health Savings Account) is a unique savings account that lets you use tax free money to cover medical expenses, but keep in mind that it's only available if you have a high deductible health plan. This short video explains how they work: ...
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A Depending Care FSA is a savings account that lets you set aside pre-tax oney to cover the cost of caregiving expenses while you work. Watch this short video to learn more:
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Created On: 04/17/2025
in FSA/HRA/HSA Medical FSA Do you ever worry about paying for medical expenses? Watch this video to learn about a benefit that can offer safety and peace of mind by helping cover these costs. The Flexible Spending Account or FSA is special savings account that helps you pay f...
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Here is some background on the benefit plan guidance provided by the government: In late 2024 the Employee Benefits Security Administration (EBSA) and Treasury departments jointly issued a rule (referred to as the “Joint Notice”) extending cert...
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The Sentinel HSA is a simple way to create a smart HSA investment strategy. Your initial funds will be allocated to the HSA default fund, the HCB Interest Bearing Account. Once your account balance exceeds $1,000, you may allocate HSA funds to oth...
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Some plans offer additional investment options for your HSA through a Brokerage Account through Charles Schwab. This option allows you to select investment options outside of the core investments offered by your plan. This allows for more flexibilit...