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Last Updated: 08/19/2025
in FSA/HRA/HSA HSA HSA Investments
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 the minimum cash threshold, you may alloc...
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Last Updated: 04/17/2025
in Retirement Accounts Loans
If you decide to take a loan from your retirement plan, repayments will be made through payroll deductions. Your payment amount will be determined by the length of the loan and the frequency of your payroll. If you choose to repay your loan earl...
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If your plan allows, you may roll money from a prior employer’s qualified plan or IRA into your current employer’s plan with Sentinel. If you are unsure whether your current plan allows rollover contributions, check your Summary Plan Description (SP...
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You may view and manage your expense activity all in one place by using the Expense Tracker. The Expense Tracker will serve as a "virtual shoebox" to store expense information. You can store, track, import, and export expenses and receipts for ...
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Last Updated: 05/16/2024
in Benefits Card Card Activation
You can find your benefits card status easily through your online account at Sentinelgroup.com . The benefits card information can be found under the Profile menu within your account and selecting the Banking/Cards menu item. The Status can...
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You can set up automatic payments for your monthly COBRA or Direct Bill premiums that can be pulled from your checking or savings account. If you choose to set up automatic payments, an EFT (electronic funds transfer) will be drafted from your acc...
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The benefits card is available to add to your mobile wallet! Using your mobile wallet is a convenient way to store your benefits card details right on your smartphone so you always have the ability to make a purchase at the point of sale even if ...
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Last Updated: 04/17/2025
in FSA/HRA/HSA Dependent Care FSA
A Dependent Care FSA account is generally used to cover expenses for the care of a “qualified dependent” under the age of 13 while the you and your spouse are working or looking for work. Additional covered expenses include Elder Care and Car...
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Last Updated: 03/28/2024
in Retirement Accounts Loans
The terms of your loan end the day you leave the company. Therefore, the remaining balance may be deemed in default and taxable in the year the payments cease. To avoid your loan being reported as taxable income (and having the 10% penalty tax ap...
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Last Updated: 02/28/2018
in FSA/HRA/HSA FAQ's
No, you can use funds only for the purpose for which the election was initially made. IRS regulations do not allow funds to be transferred or commingled between accounts. So, the money in your Health Care FSA may only be used for health care expense...