W
WageWorks
United States
Founded in
2000 (26 Years)
Founded
Last online: No recent activity
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Security Information
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A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know WageWorks
Company Information
Get to know WageWorks
Founded in 2000, WageWorks, Inc. grew to become a prominent administrator of tax-advantaged benefit programs for employers across the United States. The company specialized in managing a range of consumer-directed benefits, including Health Savings Accounts (HSAs), Health Reimbursement Arrangements (HRAs), Flexible Spending Accounts (FSAs), and commuter benefit services. Their mission was to simplify the complexity of benefits administration for both employers and employees. In August 2019, WageWorks was acquired by HealthEquity, Inc., a leading administrator of HSAs. The acquisition combined two of the largest providers in the industry, and the WageWorks brand and services have since been fully integrated into the HealthEquity platform.
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- Financial Other ServicePRIMARY
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