Whatever tax-advantage employee benefit you choose – FSA , HSA or HRA – allow us to help you coordinate administration of these plans through one of our preferred vendors. It is always advisable to consult your company’s tax accountant before initiating any tax-advantage plan.
The experts at The New Team Insurance Services are here to help in any way we can. With pre-tax benefits, you get just that: benefits. They allow employees to pay for certain kinds of expenses through deductions taken from their pay before the taxes are taken out of their checks. At the end of the day, or we should say week, your employees can be going home with more money in their wallets than if they were to pay for the same benefits on a post-tax basis – without hurting the employer’s bottom line.