More Money, Added BenefitsAdvanced FSAs let employees increase their takehome pay while providing additional benefits FS

AA

dva

nce

d B

enef

itsMaximize Benefits Advanced FSA extends tax-advantaged dollars

An FSA with Advanced Benefits allows an employee to set aside a portion of their pre-tax earnings to

pay for qualified medical and/or dependent care expenses. Employees will see a significant tax savings

as the account is funded with pre-tax dollars from their paycheck.

By setting aside pre-tax money from their paycheck, employees will also end up with a lower taxable

amount and as a result, have more take home.

The types of FSA accounts that are available are:

• Medical Spending Account - reimburses for medical expenses not covered by insurance.

• Dependent Care Spending Account - reimburses for dependent care for children and/or a disabled

dependent so you and your spouse can work or be full-time students.

• Individually Owned Insurance - this account is to help employees whose spouse or children have

individual health insurance benefits from pre-tax reimbursement of health

premiums paid at home.

• Limited Purpose Spending Account - this account helps

employees who are enrolled in an HSA put additional

pre-tax dollars aside for vision and dental services

without disqualifying their HSA Plan.

Some of the benefits of an FSA with Advanced Benefits include:

• Increased employee satisfaction by

providing quick and accurate claims

reimbursement.

• Real people ready to answer

questions. You will not have to go

through multiple layers of

automated menus on the

phone to talk to us.

• An increased participation level

with easy to use debit cards and

online enrollment tools.

• 24-hour online access for

employees to monitor their

account.

• The entire funds are available to the

employee on either the first day of the

plan year, or the first time they make a

contribution into the plan.

MyAdvancedBenefits.com800.664.3482 | 208.664.3482

MyAdvancedBenefits.com800.664.3482 | 208.664.3482

FSA

Tax

Sav

ing

s C

alcu

lato

r

Number of Participants ............................................150Average Employee Contribution/Month ...........$75Annual Employer Savings .....$10,328*

Example:ABC Company has 150 employees each contributing $75/month to their Flexible Spending Account on a pre-tax basis.

FSA plan reduces personal taxable income

* This amount (7.65%) of total Employee Contributions represents Employer FICA savings -- State and local tax laws vary