Premium Conversion Plans, Flexible Spending Accounts Plans and Cafeteria Plans are pre-tax plans defined via sections 125, 105 and 213 of the IRS Code.
These pre-tax plans are designed to save employees money! Studies have shown that these plans are the most under-utilized tax saving programs. Help your clients
educate their employees so that they can take advantage of these great programs!
Combined Services LLC offers an array of Flexible Benefits Plans to fit your needs:
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Premium Conversion Plans |
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Allow employees to pay for their share of group health, life, dental and disability premiums with pre-tax dollars. |
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Flexible Spending Accounts |
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Accumulate predetermined pre-tax contributions which are used to reimburse eligible medical and/or dependent care expenses.
Flexible Spending Accounts may be funded by employee salary reduction, by the employer or by a combination of the two. Employee contributions are made directly
from gross pay, before federal, state, Social Security and federal unemployment taxes. |
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Health Reimbursement Agreements |
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Allow employers to design a plan to cover a variety of healthcare expenses in an effort to lower premium costs. |
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Parking Reimbursement Plans |
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