|
Triton HR provides exceptional
tax-free employee benefit plan consulting and design, leading-edge technology, and responsive administrative support; so your business can cost-effectively offer Employer of Choice benefits. Our proprietary, state-of-the-art software seamlessly integrates the benefits services offered by our partner, Benefits Resources, Inc. With our software and Benefits Resources, it is now possible for even small businesses to affordably provide
employee benefits programs that are competitive with those offered by Fortune 500 companies. |
|
. |
|
One of those benefits is
Flexible Spending Accounts (FSA). Benefit Resources currently provides
FSA benefits for more than 160,000 employees working for more than 1,400 employers nationwide. With our proprietary integration, employee contributions to FSAs are automatically tracked and allowable expenses are quickly paid. In addition, employee information is efficiently communicated to make sure all new enrollees and changes are being handled without duplication of work. This seamless process reduces manual intervention and improves quality control. |
|
. |
|
What are the limits? With Benefit Resources,
each company sets its own
limits for
medical FSA contributions.
Most companies spend between $1,500 and $2,500 per year, per employee. Benefit Resources can help you determine the
tax-free employee benefits limit that works best for you and your employees. The federal government sets a $5,000 per year limit on dependent care FSA contributions. |
|
. |
|
Stay on top of it: The Benefit Resources web site allows you 24/7 access to your company's
tax-free employee benefit accounts, so you can track employee participation in
FSA plans. |
|
. |
|
The proof is in the numbers: In a recent client survey, more than 95 percent
gave our Benefit Resources customer service experts exceptional grades for professionalism and courtesy. In addition, 96 percent of Benefit Resources clients said they would recommend us to another employer. |
|
. |
|
How our
Benefit Resources Beniversal® tax-free employee benefits plans work: IRS Section 125 Plans give employees the opportunity to pay for
eligible medical and dependent care expenses on a tax-free basis. Contributions are made before federal income taxes, Social Security taxes, and most state income taxes are calculated. Eligible
tax-free employee benefits for medical expenses may be paid with a
Benefit Resources Beniversal® MasterCard® card or be reimbursed by submitting a claim form. |
|
. |
|
Employees can pay for a wide range of out-of-pocket medical expenses with tax-free employee benefits FSA dollars. Eligible expenses include:
- |
|
|
|
Fast and convenient, our Benefit Resources Beniversal® card
means no waiting for reimbursement. |
|
. |
|
Give employees on-the-spot access to tax-free FSA funds
for medical expenses. Employees just present the
Benefit Resources Beniversal® card to a qualified MasterCard® merchant. With just a swipe, the necessary funds for the transaction are deducted from their FSA. Employees appreciate that they have no burden on their cash flow, no claims forms to complete, and no delay when making a stop at the pharmacy after midnight! |
|
. |
|
Benefit Resources Beniversal® MasterCard® means
account integration,
wide acceptance
and security of
tax-free employee benefit FSA funds. |
|
. |
|
The
Benefit Resources Beniversal® card can be set up to access an employee’s entire tax-free medical account: Flexible Spending Accounts (FSA), Health Savings Account (HSA) and Health Reimbursement Account (HRA
). The card is accepted at qualified MasterCard® merchants. A lost or stolen Benefit Resources Beniversal® MasterCard® is easily replaced and funds in their accounts are always guaranteed against loss. |
|
. |
|
Dependent Care FSA:
Employees use tax-free dollars to pay for dependent care that enables employees and their spouses to work, look for work or attend school full-time. Eligible tax-free employee benefits expenses include day care or after-school care for a child under the age 13 or care for a spouse or adult dependent that is physically or mentally incapable of self-care. The federal government sets the annual limit for contributions to dependent care FSAs. It is currently $5,000
per year.
Call 866-USTRITON and speak with one of our licensed Benefit Specialists to learn more about which type of insurance plans are best for you and your employees.
|