We can provide excellent Flex Spending Account options for your company. These accounts can save your employees money on certain expected medical and other expenses by allocating pre-tax dollars to an individual spending account. Your employees may then use this account for items like doctor visit co-pays, certain medical devices, prescriptions, and other eligible expenses. These accounts benefit all types of employees – individuals, families, and even soon-to-be retirees. With the cost savings as a result, these plans essentially act like a raise – and who doesn’t like that?
Flex Spending Accounts have many moving parts and details that must be decided on before allocating funds; we can help! Our advisors have years of experience in making the most out of these options, and helping you identify what services are the best fit for your company. Options like carrying over funds into the next year, and extending covered months to spend the remainder of funds are just a few of the options we can help you navigate. We can even host lunch-and-learns in the comfort of your office to any employees that are interested in attending, and help them manage their elected amounts to make sure the plan is working adequately for them.
Features like FSA accounts, when added to group insurance plans, can provide excellent value to employees and help them make the most of the money they’re working hard for.