Section 125 and FSA Plans
Our Agency, through Third Party Administrators, offer a wide range of expense management services to help brokers and their clients maximize tax advantage savings and better manage the cost associated with their benefits program. Offering employees a way to increase their take home pay by lowering their taxable income as well as take advantage of additional benefit options using pre-taxed dollars to pay for these options.
Our Agency has negotiated the administrative fees to offer free premium only plans, discounted administration fees for Flexible Spending Accounts and other administrative services when including Voluntary Benefit plans through our Agency as part of the employers benefits program.
Click below for potential tax savings illustration
- Section 125 Cafeteria Plan
- Flexible Spending Accounts (FSA): Dependent Care, Medical Care, Commuter Reimbursement
- Health Savings Accounts (HSA)
- Health Reimbursement Arrangements (HRA)
For convenience and immediate access to funds, the Debit Card is available. Allowing for participants to pay for qualified medical expenses at the point of service, including prescription, co-pays and other common qualified medical expenses. A consolidated single card platform is available to support multiple accounts for FSA, HRA, HSA, and CRA.
Through our market knowledge, Hollern & Associates stays informed of all the trends and developments associated with Flexible Benefit Plans. Our Benefits Counselors can effectively communicate Flexible Benefits Plans to our clients through extensive program knowledge, interpersonal skills, and enrollment support materials. We utilize state of the art electronic enrollment capabilities including one-on-one Laptop Benefits Enrollment or Internet Web-based Enrollment options designed to best suit the client’s needs.