Health savings account (HSA)

A health savings account is a tax-advantaged account employees can use to pay for eligible health expenses. Funds put into the HSA are pre-tax, and if the employee uses them to pay for qualified expenses, it remains as a tax-advantaged option. This type of account must be paired with a high-deductible health plan (HDHP).

Simplify HR management today.

Simplify HR management today.

Non-Disclosure Agreement

October 3, 2024

A non-disclosure agreement (or NDA) is a contract between a group or individual wanting to protect sensitive information and an individual or group with access to that information. Other terms include non-disclosure contract and confidential disclosure agreement. The document restricts what information can be shared with others. Examples of sensitive information that might be protected…

Non-Compete Agreement

October 3, 2024

A non-compete agreement is between an employer and an employee, requiring the latter to agree not to work for any competing organization during or after employment. Prohibited actions under such an agreement could include: Starting a new business in the same industry Taking another job Signing another contractor Working for a competing business Working within…

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