FSA’s (Flexible Spending Accounts) can deliver significant tax savings to participating employees by allowing money to be set-aside on a pre-tax basis to pay for medical and dependent care expenses.

• Co-pays for office visits and prescriptions
• Over the counter drugs and medicines
• Child daycare and pre-school
• Laser eye surgery and Vision Care
• Eldercare expenses

Benefits for Employer

• Since all employee contributions are pre-tax, the employer will realize a reduction in annual FICA taxes.
• Serves as an employee retention tool.
• Can reduce the rising cost of employee health benefits.

Example

Increase in monthly spending income: $35.65
Increase in annual spending income: $427.80

Our FSA Service Offers

• Debit Card for real-time payments
• Web Access offers participants instant access to account balances
• Daily processing of reimbursement checks
• Multiple submission options – online, paper or fax
• On-line enrollment and re-enrollment options
• Toll-free customer service for employee and employer
• Over 15 years of FSA Administration experience