Flexible Spending Account
A section 125 Flexible Spending Account (FSA) Program offers tremendous opportunity to reduce your taxes by paying for unreimbursed Medical Expenses and Dependent Care Expenses with pre-tax Dollars. Your contribution will be exempt from Federal, State and Social Security Taxes, thereby saving you and your family money.A FSA is a great program to utilize while paying down your deductible or for services not covered by medical plan. Braces, surgeries, pregnancy expenses and alternative medicine treatments are perfect examples of expenses you can pay with your FSA that may not be fully covered by your current medical plan.
CBS Administrators FSA plan is part of an enhanced employee benefits package. To understand some more advantages of a Flexible Spending Account please browse some of our informational links. This will provide a better understanding of the advantages for both business and employees.Read More