Flexible Spending Accounts
Skyrocketing health insurance costs are a challenge, but the FlexSystem helps both employers and employees save money. Employers can save an average of $300 per employee in payroll taxes by offering employees this IRS Code Section 125 Cafeteria Plan on a pre-tax basis, and employees save on their State, Federal and FICA taxes—without sacrificing choices.
Employers use our services to handle administration and operation of the plan, where eligible services are purchased with pre-tax money. The most common expenses include:
• Medical or health-related insurance premiums
• Eligible medical expenses
• Dependent care expenses
335 Kenmore Ave., Suite 200 | Bel Air, MD 21014
Main Line: 410-420-2828 | Toll Free: 866-808-4393
Fax: 410-420-8488
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