Reimbursement Accounts and Administration
Many employers offer reimbursement accounts to their employees to help with tax savings, but the administration can be overwhelming. From adjudicating claims and following compliance rules to educating employees – employers need someone who can help.
Our dedicated account management team can assist employers with plan documents, create education campaigns, and enroll your employees. We are here to help turn seemingly complex benefits programs into simple solutions, which can save you time and money.
Explore Account Options
Flexible Spending Accounts (FSAs)
FSAs are a popular way to provide a tax advantage to your employees by providing the entire years' funds at the beginning of the plan year.
Administration features include:
- Upfront funding
- Risk insurance
- Benefits Debit Cards
- Compliance assistance
- Employee education
Health Savings Accounts (HSAs)
With High Deductible Health Plans (HDHPs) becoming more popular, HSAs are more important than ever. Like FSAs, HSAs provide tax savings for you and your employees. However, HSAs offer more long-term savings opportunities.
Health Reimbursement Arrangements (HRAs)
HRAs provide an option for employers to assist their employees with the costs associated with an HDHP. These plans allow for tax savings and more employer control.
Recent Reimbursement Account Articles
How much do you actually save with reimbursement accounts?
Reimburse
2 minute read
You’ve likely heard that reimbursement accounts can help you save on tax, but it may not be clear how that impacts your finances.
- Tags:
- FSA
- HSA
- HRA
- HCFSA
- Section 125
You have extra money in your Flexible Spending Account. Now what?
Reimburse
3 minute read
If you’ve experienced a decrease in FSA expenses as a result of the COVID-19 pandemic, you may be wondering what will happen to your funds.
How HSAs Offer Financial Benefits to Millennials
Reimburse
1 minute read
For millennials, a great way to offset medical costs and contribute to your overall wealth is with a Health Savings Account (HSA).
- Tags:
- HSA