Flexible Benefits Administration
Under Internal Revenue Code Section 125, employers can adopt a plan to allow participants to set aside money into an FSA on a pre-tax basis to pay for qualified medical and dependent care expenses. Let our team at BeneFlex help your company affordably implement a Flexible Spending Account program for your employees.
Employees can use pre-tax money for:
- Health Care
- Dependent Care
- Other Insurance Premiums
- Medicare Supplements
- Medicare Advantage
- Prescription Drug Plans
Any money employees elect to contribute to an FSA will lower their taxable income and your payroll taxes.
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