ADP's Flexible Spending Account (FSA) Services provide an easy-to-use, affordable way for your employees to contribute before-tax dollars toward health and dependent care expenses while providing tax savings to your company. (To see how much, use our Savings Calculator.)
Your employees receive:
- Tax savings by setting aside pre-tax dollars to pay for expenses not reimbursed by the company's healthcare plan or expenses incurred to care for children, disabled spouse or dependents
- ADP's FlexDirect card, a secure Visa®-branded credit card, to which ADP electronically applies eligible expense reimbursements
- Timely communications of plan activity and email account status reminders on a quarterly basis
- Real-time, secure Internet access to account information and plan activity
- Quarterly personalized participant account summary
- Reimbursement check with payment explanation and year-to-date account summary
You receive:
- Seamless, automated payroll deductions
- Daily claims processing and daily distribution of payments
- Web access to ADP service and support
- Secure access to plan participant information
- Management reports
- Basic non-discrimination testing conforming to Internal Revenue Code sections 125, 105(h) and 129
- Expert handling of complex issues and requirements
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