ProBenefits

03/04/2022

To contribute to a Health Savings Account (HSA), enrollment in a High-Deductible Health Plan (HDHP) is required, and the level of coverage in that plan (self-only or family) determines the HSA contribution limit. For 2022, the HSA maximum contribution limits are $3,650 for self-only coverage and $7,300 for family coverage. Individuals age 55 and up can contribute an additional $1,000/year. Note that any employer HSA contributions are counted toward the limit, and HSA contributions must stop once an individual is enrolled in Medicare.

02/18/2022

February is Heart Month! Did you know that you can help track your heart health by purchasing a home blood pressure monitor with your Health FSA or HSA funds?

02/11/2022

Can you use your FSA or HSA to pay for home COVID tests? Yes - but should you? Check out our latest blog post for some clarification on this question:

COVID-19 Expenses Eligible for FSA, HRA, and HSA Payment or Reimbursement As you may recall, in March of 2021, the IRS issued an announcement notifying taxpayers that amounts paid for ... Read More

02/04/2022

If you're a ProBenefits HSA participant, your 2021 HSA tax documents are available now on the web portal. See our blog post for more info:

It’s tax time again! If you have an HSA, you are required to report any contributions made to your HSA and any distributions received from your HSA during the 2021 ... Read More

12/22/2021

Happy holidays from the ProBenefits team! Our offices will be closed on December 23rd, 24th, and 31st. Wishing you a wonderful holiday season and a healthy 2022!

12/10/2021

If you are a ProBenefits plan participant, but you’re not accessing your account on our web portal or mobile app, you’re missing out on some very useful features! If you have never logged in to your ProBenefits account before, use “New User?” on the web portal (https://my.probenefits.com) or mobile app (https://probenefits.com/faq/how-do-i-download-the-probenefits-mobile-app/) to set up your account (once set up either place, you’ll use the same login for both app and portal).

If you have logged in to your account before but have forgotten your username and/or password, use Forgot Username or Password and follow the steps to have your login information reset.

For more helpful account tips, see the full list of Benefits Best Practices: https://probenefits.com/benefits-best-practices-checklist-for-participants/

12/03/2021

Did you know you can choose to invest your HSA dollars in a number of mutual funds, and that those investments grow tax-free, earning interest to pay for future medical expenses or to save toward retirement? If you have an HSA administered by ProBenefits, just log on to your account on the ProBenefits participant web portal and click the Manage Investments button to get started.

11/25/2021

Happy Thanksgiving from the ProBenefits team!

11/19/2021

A Dependent Care FSA is used to set aside pre-tax funds to pay for eligible daycare or childcare expenses for your dependents so you and your spouse can work, look for work, or attend school full-time.

Covered expenses must be for dependent children age 12 and under; or a person of any age whom you claim as a dependent on your taxes and who is mentally or physically incapable of caring for himself or herself.

Eligible expenses include childcare (nursery, preschool or private sitter), before and after school care, and day camps.

Ineligible expenses include kindergarten tuition, overnight camps, and expenses paid to a tax dependent.

It’s a common misconception that a Dependent Care FSA can be used for healthcare for your dependents, or for expenses such as diapers and baby wipes. This is incorrect, however; a Dependent Care FSA only covers the expense of someone else caring for your child or dependent while you (and your spouse, if you have one) are working, looking for work, or attending school full-time.

Think a Dependent Care FSA might be right for you? Check to see if your employer offers this benefit.

11/12/2021

If you have a Health Savings Account (HSA), due to IRS regulations you can’t also have a full Health Flexible Spending Account (FSA), but you can contribute to a Limited Purpose Flexible Spending Account which can be used to pay for eligible dental and vision expenses for yourself, your spouse, and your dependents. This option is often called a Limited FSA or Limited Dental/Vision FSA. If you have an HSA, check to see if your employer offers a Limited FSA that you can also participate in. It’s a great way to get extra tax savings, and allows you to save more of your HSA for medical expenses or investment.

11/05/2021

A dependent care FSA is a great way to save money on child care expenses. Watch our video for a quick introduction, and let us know if you have questions! https://youtu.be/cvrAjqOCcJE

Could your family benefit from the tax savings provided by a dependent care flexible spending account?

10/29/2021

As Vice President of Benefits Administration, Julie works with our team leaders to build strong, effective teams, and guides us all in working together to provide our partners and participants with the seamless support you've come to expect from us. We can give you the because we have Julie on our side — and yours.