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OutsourceOne.com Volume 1, Issue 2, 2nd Quarter, 2004
In this issue...

WebOne Tips

Running Reports in WebOne

WebOne contains a large number of standard reports, all on-line, all real time, all available, like the rest of WebOne, from any computer with internet access at any time of the day or night.

Read the step-by-step guide...

To find out more about WebOne and the services offered by OutsourceOne, or to receive a guided tour of OutsourceOne's integrated benefits systems, send an email to: info@OutsourceOne.com.

FSA News

Rollover of Flexible Spending Account Funds A proposed measure to allow participants in flexible spending account plans to roll up to $500 in plan funds from one plan year to the next moved closer to reality on May 12 with a recent vote by the House of Representatives. The proposed legislation would change the use-it-or-lose-it provision imposed on IRC Section 125 plans...

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WebOne Version 5.0

Coming soon!
WebOne version 5.0 is scheduled for release in early summer, 2004. This new version will have a cleaner look, faster performance, and improved functions. Employee search functions will be available at all times, and the administrator tools will be accessible from drop-down menus. The new version will include additional reports, improved Employee Self Service screen configuration options, and streamlined graphics....

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Cobra News

Changes Proposed for COBRA Notification
The US Department of Labor (DOL) has issued proposed regulations changing the required notices and forms used in COBRA administration. These regulations have not yet been approved, but approval is expected during 2004 with an effective date of January 1, 2005. ...

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FSA, HRA, HSA, What’s the Difference?

With the addition of Healthcare Savings Accounts (HSA) January 1, 2004, employers now have three options to provide their employees with a tax free account for expenses not paid for by the traditional medical plan. Flexible Spending Accounts have long been the preferred vehicle for pre-tax employee dollars, but participation was always limited by the use-it-or-lose-it provisions (likely to change soon). Health Reimbursement Arrangements(HRA) have gained in popularity recently as employers...

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OneMarketplace Voluntary Benefits Enrollment

OneMarketplace, OutsourceOne’s on line voluntary products marketplace, gives employers an opportunity to offer voluntary products without the disruption of having sales staff on site....

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OutsourceOne News is released quarterly by OutsourceOne. This newsletter is published for general information only. Views here in are deemed of general interest and should not necessarily attributed to OutsourceOne or its clients.

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