Manage your benefit programs quickly and easily at your convenience.
Offering debit cards can increase the participation up to 40% or even 60%.
Before Debit Cards
FLEX BENEFIT OPTION | ||
---|---|---|
Total Annual Elections | $22,500.00 | |
Med Flex Spending Account | ||
Participating 10 |
Annual Elections $750.00 |
Total Elections $7,500.00 |
Dependent Care “DCAP” | ||
Participating 3 |
Annual Elections $5,000.00 |
Total Elections $15,000.00 |
The Employer Could Save $2,621.00
With Debit Cards
FLEX BENEFIT OPTION | ||
---|---|---|
Total Annual Elections | $39,700.00 | |
Med Flex Spending Account | ||
Participating 14 |
Annual Elections $1,050.00 |
Total Elections $14,700.00 |
Dependent Care “DCAP” | ||
Participating 5 |
Annual Elections $5,000.00 |
Total Elections $25,000.00 |
The Employer Could Save $4,625.00
This can increase the employer tax savings up to an average of $105 to $170 per employee per year.