Benefits Administration

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  • FSA

    FSAs are an important part of a comprehensive employee benefits offering in recruiting and retaining employees. Your employees will appreciate the ability to use pretax dollars to fund eligible health care related expenses not covered by a health plans.

    Establishing an FSA will help you save payroll and FICA tax savings, write off administrative costs as a normal business expense and help your workforce save money. Despite the benefits of an FSA, there’s a lot of recordkeeping involved in FSA administration. It takes a lot of staff time to review submitted, paid and denied claims, issue reimbursements and perform necessary discrimination testing.

    Highlighted benefits of FSA Administration:

    • Dedicated account manager
    • Section 125 Cafeteria Plan documents
    • Online employee enrollment
    • Online nondiscrimination test
    • Online reimbursement request form
    • Client and participant website and call center support
    • Direct deposit

    Infinisource FSA Administration takes the burden of managing reimbursement issues for you, saving you time and increasing your employees' satisfaction. Contact us today on how you and your employees can reduce taxes and save with an Infinisource FSA Adminstration.

    Request a quote


    Our FSA solution iFlex directly addresses the most common employer concerns

    Employer Employee
    • Lower insurance premiums
    • Tax savings can pay for the plan
    • Enhance your benefits program
    • Complimentary open enrollment webinars to increase participation
    • Enhanced technology
    • Dedicated account manager with a direct to desk number
    • Employers may use forfeitures to offset reasonable administrative costs incurred during the plan year
    • Account balance carryover or 2 ½ month grace extension
    • Combine FSA accounts with HRA and HSA accounts
     
    • Health FSA funds are available at the start of the plan
    • Quickly and easily access funds with the Benny Card
    • Online account access to balances, claim status and history
    • Mobile application provides access to account balances
    • Secure online account access anytime
    • Direct deposit
    • Dependent care expenses
    • Significant tax savings
    • Easy claim submission
    • Daily reimbursements
    • Online live chat
    • Online forms
    • Increase take-home pay
    • Participant web and phone support
     

    The Infinisource Difference

    Key Considerations When Selecting a Partner for FSA Administration Infinisource Other FSA Administrators
    Daily reimbursement cycles

     

     

    Complimentary web-based enrollment meetings

     

     

    Advisor to the IRS on new acts/regulations

     

     

    Nondiscrimination testing included

     

     

    Dedicated account manager

     

     

    Offer unlimited liability protection against errors

     

     

    100% client satisfaction determined by monthly surveys

     

     

    Online claim submission

     

     

    iPhone/Android application access to your account

     

     

    Service team available 8 a.m.-8 p.m., Monday-Thursday; 8 a.m.-6 p.m., Friday, ET

     

     

    Infinisource FSA takes the burden of managing reimbursement issues for you, saving you time and increasing your employees' satisfaction.  Contact us today on how you and your employees can reduce taxes and save with an Infinisource FSA.

    Infinisource is a leader in Benefits Administration, Workforce Management and Time solutions. Call 800-300-3838 to learn more about FSA Administration with iFlex.

    iSolved can give you the tools you need. Request a one on one demo today.

    View a demo  or  Request a quoteiSolved Workforce Management Landing