Flexible Spending Accounts, also known as Cafeteria plans, allow employees to set aside pre-tax dollars to pay for out-of-pocket eligible healthcare expenses and dependent day care expenses.

Cafeteria plans are the fastest growing benefit enhancement. The reason is simple: everybody wins!

Employers save payroll taxes (FICA and Federal Unemployment Tax) and worker's compensation premiums on amounts set aside for these expenses. Employees see IMMEDIATE tax savings by paying for such items as unreimbursed medical, vision, dental and child/dependent care expenses on a pre-tax basis, No Social Security tax. No Federal income tax. And no state and local tax (in most states).

Beyond Benefits provides turn-key administration of Cafeteria Plans, from the initial planning and implementation of the plan and processing claims to providing monthly reports and answering your questions.