ADP Large Business Flexible Spending Account (FSA)
ADP's Flexible Spending Account (FSA) Benefits Administration provides an easy-to-use, affordable way for your employees to contribute pre-tax dollars toward their health and welfare, dependent care and commuter expenses, while providing tax savings to your company.
Your employees receive:
-
Tax savings by setting aside pre-tax dollars to pay for qualified medical or childcare expenses
-
Timely communications regarding their Flexible Spending Account (FSA) activity
-
Real-time, secure Internet access to their Flexible Spending Account information and FSA plan activity
-
Reimbursement checks or direct deposit of payments with payment explanation, and year-to-date Flexible Spending Account summary
-
ADP's Flexible Spending Account (FSA) Card, a secure VISA®-branded prepaid card, to which ADP electronically applies eligible FSA expense reimbursements
Your organization receives:
-
FICA tax savings for Flexible Spending Account (FSA)contributions
-
Seamless, automated payroll deductions
-
Daily claims processing and daily distribution of spending account payments
-
Web access to ADP Flexible Spending Account service and support
-
Secure access to Flexible Spending Account plan participant information
-
Management reports
-
Basic non-discrimination testing, conforming to IRS regulations
-
Expert handling of complex Flexible Spending Account (FSA) issues and requirements
Flexible Spending Accounts (FSA) are a great benefit for both you and your employees, and ADP provides the tools for hassle-free FSA benefits administration.
Interested in learning more? Contact us or call 1.800.CALL.ADP, ext. 411 (1.800.225.5237, ext. 411).