HR Trends to Watch in 2022| VA Employee Benefits Advisors

Human Resources leaders are always being asked to look into a crystal ball and predict the future. You probably don’t have any super powers. But your Spidey sense might be telling you that a few trends that are surfacing are likely to stick around through the new year, 2022. The coronavirus pandemic has changed your … Continued

How to Make (and Keep!) a New Year’s Resolution | VA Benefits Team

Ever wonder why the resolutions you make in January don’t stick around after March? You aren’t alone! Studies show that only 8% of people keep their New Year’s resolutions. Why? And how do people achieve their goals set at New Year’s? We’ve broken it down for you so you can identify your goal-breaker as well … Continued

Are Your Healthcare Benefits Contributing to the Labor Shortage? | VA Benefits Agents

Employee benefits are a major bargaining chip for companies looking to attract talent. The problem is healthcare costs are skyrocketing, and it’s difficult for employers to offer the same level of coverage. Higher costs are either resulting in less coverage or smaller wages for employees. Find out what’s happening with healthcare and recruitment, and get … Continued

IRS Announces 2022 Limits for Health FSAs and Transit Benefits | Virginia Employee Benefits

The Internal Revenue Service (IRS) announced annual inflation adjustments for more than 50 tax provisions, including an increase in voluntary employee contributions to employer-sponsored healthcare flexible spending arrangements (HFSAs) to $2,850 for plan years beginning in 2022, up from the 2021 limit of $2,750. For HFSAs that include a carryover provision, up to $570 may … Continued

Tips for Managing the Holiday Blues | Virginia Employee Benefits Partners

“Children laughing, people passing, meeting smile after smile” stirs happy memories of singing Christmas carols for some, but for others, the holidays can be the most stressful and loneliest time of the year.  The holidays often present a dizzying array of demands – shopping, baking, and entertaining to name a few.  For those dealing with … Continued

IRS Announces 2022 Retirement Plan Contribution Limits | VA Employee Benefits Group

On November 4, 2021, the Internal Revenue Service (IRS) released Notice 2021-61 announcing cost-of-living adjustments affecting dollar limits for pension plans and other retirement-related items for tax year 2022. Many pension plan limits will change next year because the increase in the cost-of-living index met the statutory thresholds that trigger their adjustment. Other items, however, will not … Continued

10 Surprising Things You Can Buy With Your Leftover FSA Money | Virginia Benefits Partners

The end of the year is drawing near which may mean you have some extra money to spend. No, you didn’t read that wrong.  Many Americans have money in their Flexible Savings Accounts (FSAs) that they need to use up before the end of the year. FSAs provide the benefit of putting pre-tax money aside … Continued

The Root Cause of the Great Resignation Is Not What You Think | Virginia Employee Benefits

Theories abound about why workers are leaving their jobs in record numbers in 2021 and thus creating what pundits are calling the Great Resignation. The U.S. Bureau of Labor Statistics reported that 4.3 million Americans quit their jobs in August. These resignations continue to be higher in food service, retail, and education. One popular opinion … Continued

Understanding Alzheimer’s Disease | VA Employee Benefits Group

Many of us have heard of Alzheimer’s disease but may not know much more than it is a disease that causes memory loss.  Experts suggest that more than 6 million Americans, most of them age 65 or older, may have dementia caused by Alzheimer’s.  This disease is currently ranked as the sixth leading cause of death in … Continued

Biden-Harris Administration Issues Third Rule To Implement No Surprises Act | Virginia Employee Benefits Agency

WASHINGTON – The Biden-Harris administration – through the departments of Labor, Health and Human Services, Treasury and the Office of Personnel Management – today issued an interim final rule with comment period to continue implementation of the No Surprises Act, a consumer protection law that helps curb the practice known as “surprise billing” for medical care. The … Continued