benefits administration
Did you know that there are specific rules in place to electronically furnish plan documents and written notices that are required to be distributed by the Employee Retirement Income Security Act of 1974 (ERISA)? This includes electronic distribution of documents and notices by email or by posting to an internal company website. The general requirements are as follows:
Is your benefits administrator not living up to your standards? Are customer service let-downs and reimbursement problems giving you headaches? Are you worried about sticking it out until your next renewal? Well, worry no more! You don’t need to wait until your next renewal to find a better benefits administrator.
When’s the last time your FSA or HRA administrator exceeded your expectations? Are you tired of dealing with claims issues, customer service let-downs, and unhappy employees? You need a better benefits administrator.
As a trusted benefits administrator for over 30 years, Flex offers employee benefit programs and compliance services built with employers in mind. We’ve got the tools and resources that employees want, along with the service and support employers need.
The maximum amount that can be reimbursed with pre-tax dollars for mass transit officially dropped to $130 per month for employees as of January 1st. Last year the maximum reimbursement was $245 per month for mass transit so this may come as a shock to some employees. The decrease is a result of a tax law that expired at the end of 2013.
As tax season comes to a close, you might be wondering how to save more next year. Flexible Spending Accounts (FSAs) are a great tool that allows you and your employees to save on healthcare and dependent care expenses. Celebrating 25 years as a trusted benefits administrator, we have done the math to help you visualize your potential savings with our FlexFSA® product:
Important milestones are a special time to reflect on the past, celebrate achievements, create a vision for the future, and express appreciation.
This year, we at Flexible Benefit Service LLC (Flex) expect to do no less as we proudly mark our 25th anniversary.
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