Optimize Your Benefits & Cut Your Costs.

With FlexPlan, you can optimize your employee benefits and substantially reduce your payroll costs. IRS regulations (section 125a and 125d) allow employers to withhold pretax dollars from an employee's wages for health insurance premiums, child care expenses and many other medical or medically related premiums or services.

Since these dollars are withheld before taxes your company doesn't have to pay payroll taxes on the amount withheld - and you'll be providing a great benefit to your employees while you save money.

Plus, the plan works no matter who the insurance or service providers are. We administer the plan - leaving you and your employees free to select the providers.

With FlexPlan, Everybody Wins

Since dollars are being withheld before taxes both the employee and the employer legally avoid the 7.65% FICA tax on the amounts withheld. In addition, any insurance premiums based on the employee's taxable earnings, such as workers' compensation, or disability insurance, may be reduced. 

This allows the employer to cut payroll taxes by up to 25% and reduce the employee's tax burden at the same time.

How Does FlexPlan Work?

First, all plan administration is taken care of for you. So, as an employer, you'll be able to save money without a great deal of paperwork or plan administration.

In general, each participating employee elects an amount he or she wishes to allocate to the plan. For example, an employee may wish to withhold $15.00 per month for dependent child care. These funds are placed in an escrow account and the employee files a claim each month which we process and pay to the employee. Of course, detailed reports are provided to the employer and employee throughout the year.

Find Out How Much You Could Save!

Since every company is different, we have created a simple model which will demonstrate how much your company could save. With just a few basic facts, we can quickly calculate your potential savings. All it takes is a few minutes on the phone.