Flexible Spending Accounts

FlexSystem through TASC is an IRS Code Section 125 Cafeteria Plan that enables employees to pay for eligible expenses on a pre-tax basis - an instant savings of nearly 30% for the employee! For you? Benefits costs are controlled without restricting choices, and you pay less in Social Security tax for every dollar of employee participation.

After a paperless on-line set up, employees place funds in predetermined benefit accounts through salary reduction. When a qualified expense is incurred, the employee submits a request and receives prompt reimbursement. With on-line administration and submission of Requests for Reimbursement, daily check processing, and direct deposit, FlexSystem provides the industry's fastest turnaround of requests!

FlexSystem offers employers:

• All-inclusive fees - no additional charges or hidden fees.
• A funding arrangement unique in the industry.
• Exclusive VeriFlex process to substantiate Requests for Reimbursement.
• Electronic transfer of Client funds to FlexSystem - no more cutting checks.
• No ties to any insurance or other employee benefit plan.
• Transportation benefit available at no additional cost.
• Mirror-imaging of payroll for fastest turnaround of reimbursements.
• 25+ years of experience.
• Audit guarantee.

FlexSystem offers employees:

• Requests for Reimbursement submissions via paper, fax, or on-line.
• 24-hour turnaround on reimbursements via Direct Deposit.
• Instant account status availability on-line or via FlexSystem's voice response system.
• Enrollment or re-enrollment on-line from the privacy of your home.
• FlexSystem Claim Card (debit card) for seamless real-time payments.
• Toll-free customer service, including a separate line for Participants.