Flexible Spending Accounts

Employer-sponsored flexible spending accounts (FSAs) are benefit plan arrangements that allow employees to pay for certain healthcare or dependent care expenses on a pretax basis. A Section 125 plan is a simple way to reduce employee taxes and employer tax liability while providing quality benefits to employees.

Although a Section 125 Flex plan is simple to offer, it still comes with necessary administrative requirements. Goldleaf Partners keeps it simple for you with our administrative expertise and local support. We give your Flex plan participants access to online information and forms, and we’re always available to answer their questions.

Plan Advantages:

• Low-cost employee benefit.
• Reduces employee federal, state, and FICA taxes, and increase take-home pay.
• Reduces employer tax liability by eliminating matching FICA and FUTA taxes.