Flexible Spending Account (FSA)
Flexible spending account (FSA)
Flexible Spending Accounts (FSAs) allow employees to set aside pre-tax dollars for eligible
medical, dental, vision, and dependent care expenses.
This benefit can significantly increase take-home pay by reducing taxable income while giving
employees more control over their healthcare spending. FSAs are an ideal complement to
existing group health plans, offering cost savings for both employees and employers.
With user-friendly tools, clear guidance, and efficient claims processing, Essential Benefit
Administrators ensures that FSA participants can easily manage their accounts and maximize
their savings. Employers benefit from payroll tax reductions and enhanced employee
satisfaction. From routine co-pays to unexpected medical bills, FSAs provide a proactive way to
plan for health-related expenses throughout the year.
Get in touch today to learn more.