Your employees receive:
- Tax savings by setting aside pre-tax dollars to pay for qualified medical or childcare expenses
- Timely communications regarding their Flexible Spending Account (FSA) activity
- Real-time, secure Internet access to their Flexible Spending Account information and FSA plan activity
- Reimbursement checks or direct deposit of payments with payment explanation, and year-to-date Flexible Spending Account summary
- ADP's Flexible Spending Account (FSA) Card, a secure VISA-branded prepaid card, to which ADP electronically applies eligible FSA expense reimbursements
Your organization receives:
- FICA tax savings for Flexible Spending Account (FSA)contributions
- Seamless, automated payroll deductions
- Daily claims processing and daily distribution of spending account payments
- Web access to ADP Flexible Spending Account service and support
- Secure access to Flexible Spending Account plan participant information
- Management reports
- Basic non-discrimination testing, conforming to IRS regulations
- Expert handling of complex Flexible Spending Account (FSA) issues and requirements
Flexible Spending Accounts (FSA) are a great benefit for both you and your employees, and ADP provides the tools for FSAs hassle-free FSA benefits administration.