ConnectYourCare’s Education Assistance program helps your employees pursue their educational goals with quick and easy tax-free expense reimbursements. We make it convenient for employers to pay for all of part of an employee’s cost to pursue further education.
Features and Benefits:
• Tax-Advantaged Savings on Education. Tax-free benefits may include payments for tuition, fees and similar expenses, books, supplies, and equipment. Education generally includes any form of instruction or training that improves or develops an employee’s capabilities. Employers may restrict coursework to work-related or career advancement programs.
• Flexible Program Coverage. Employers have the option to set dollar limits up to the IRS’ annual limit, to cover education assistance expenses for eligible employees. Submission of grade attainment, such as earning a “C” or above, may also be set in order for employees to qualify for reimbursement.
• Reimbursements Made Simple. Reimbursement requests are submitted online or through our mobile app. Employees can conveniently upload documentation from a smartphone camera or other device.
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