FSA - Flexible Spending Account Administration
In today's consumer-driven environment, employees are increasingly concerned with out-of- pocket health care expenses and the high costs of dependent care.
Flexible Spending Accounts provide employers with a way to address these employee concerns, as well as retain cost savings of their own.
FSAs enable employers to:
- contain benefit costs
- reduce payroll taxes
- attract and retain better employees by offering a variety of qualified benefits
Cafeteria or 125 plans are currently utilized by over 40 million employees across the country. HR Source's Flexible Spending Account Administration will offer you:
- Competitive pricing
- Plan documents compliant with IRS guidelines
- Annual enrollment support and materials
- Personalized customer service support via a toll-free number for claim questions and account balances
- Individual debit cards to be used for point-of-sale transactions
- Participant statements containing account balance information
- Discrimination testing and plan information for filing 5500 reports
- In-person employee orientation meetings
We want to be your FSA partner!
Come to the source you already trust. HR Source can provide you with an affordable, full service and hassle-free FSA.
For more information, please contact us at firstname.lastname@example.org or 800-448-4584.
Association Members receive significantly discounted pricing on all of our training, consulting and project work.
For information on becoming a member, visit our Membership page.