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The Healthcare Flexible Spending Account (HFSA) provides significant savings to employees and employers alike. Employees set aside funds on a pretax basis to spend on qualifying healthcare expenses throughout the plan year. Employers save on payroll taxes for every dollar of employee participation, often enough to cover the plan’s cost.
Why offer an FSA?
Employer Benefits
-Reduce FICA payroll taxes on for every dollar of employee.
-Save on taxes which often covers the cost of outsourcing plan administration.
-Enhance the employee benefits package.
-Float uniform coverage dollars.
-Be assured of compliance with our Audit Guarantee.
Employee Benefits
-Reduce taxes with pretax payroll contributions.
-Have immediate access to elected Healthcare FSA funds.
-Access funds easily with the TASC Card.
-Receive reimbursements quickly with MyCash.
-Use Picture to Pay to submit a request quickly.
-Check balances and submit requests with the TASC mobile app.
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