Flexible Spending Account

Tax-Advantaged Savings for Healthcare and Dependent Care

Give your employees a tax-smart way to manage healthcare costs.

Here is the Problem

Healthcare expenses, like deductibles, copays, and prescriptions can put a strain on Employees’ budgets. When workers are stressed about medical costs, it can affect their focus, productivity, and overall well-being.

The Plan

A Flexible Spending Account (FSA) lets employees set aside pre-tax dollars to pay for eligible healthcare expenses for themselves and their families. Employers can also choose to contribute.

Key Features:

  • Tax Savings – Employee contributions aren’t taxed, reducing payroll taxes for both the employee and the employer.

  • Upfront Availability – Employer contributions are available as a lump sum at the start of the year.

  • Family Coverage – Funds can be used for spouses, children, and dependents.

  • Eligible Expenses – Covers deductibles, copays, prescriptions, medical devices, and more.

Why It Matters for Employers

FSAs are a cost-effective benefit that:

  • Boosts employee satisfaction by easing the burden of healthcare costs.

  • Helps recruit and retain talent in competitive job markets.

  • Reduces payroll taxes for your business.

How It Works

  1. Employees choose how much to contribute (up to the employer’s limit).

  2. Funds are available for eligible healthcare expenses throughout the year.

  3. Tax savings apply to both the employee and employer.

The Result

With an FSA in place:

  • Employees feel more in control of healthcare expenses.

  • Your benefits package becomes more attractive and competitive.

  • Your business saves money on payroll taxes.

Boost your benefits package.


Contact us today to explore Flexible Spending Account (FSA) options that support your employees’ financial health and strengthen your business offering.

All Assured Solutions