FSA administration
Flexible spending accounts let employees set aside pre-tax money for health and dependent care costs. We set them up and keep them running smoothly.
Pre-tax savings for health and child care, set up and running smoothly.
What is an FSA?
A flexible spending account (FSA) lets employees put pre-tax pay toward eligible health care expenses or dependent care, saving both employee and employer payroll taxes. FSAs are part of a Section 125 plan, have annual limits the IRS sets, and are generally use-it-or-lose-it, though plans may offer a limited carryover or a grace period.
How we help
Health care FSA
Covers deductibles, copays, prescriptions, dental and vision costs.
Limited-purpose FSA
Dental and vision only, so it pairs with an HSA.
Dependent care FSA
Pre-tax money for child care and adult day care so employees can work.
Plan documents
Section 125 and FSA plan documents, plus nondiscrimination testing.
Carryover or grace period
We help you choose the option that reduces forfeitures for your team.
Claims and cards
Debit cards, online claims and help when a claim is questioned.
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Frequently asked questions
What happens to unused FSA money?
It's generally forfeited at the end of the plan year, unless your plan offers a carryover (up to an IRS-set amount) or a 2½-month grace period.
Can employees have an FSA and an HSA?
Not a general health FSA, but they can pair an HSA with a limited-purpose FSA for dental and vision.
How much can employees contribute?
Up to the annual limit the IRS sets each year; your plan can choose a lower maximum.
Schedule a commitment-free meeting
Tell us what's working and what isn't. We'll review your benefits or coverage and give you an honest plan, at no cost.