Flexible Spending Accounts & Transit
Ensure your employees are making the most of their hard-earned money by providing an option for an FSA, where pre-tax dollars pay for health care expenses.
This plan allows employees to set aside pre-tax dollars to pay for health care expenses for themselves, their spouses and eligible dependents….which means employees pay fewer taxes and can increase their take-home pay!
Here’s how it works: money is set aside from an employee’s paycheck before taxes are taken out. This allows employees to save money on expenses they are already paying for, including doctors’ visits and prescription drugs.
For those employees who use public transportation to get to work, transit benefits are ideal. This program allows staff to allocate pre-tax dollars to spend on their commute.