Tax-Free Income

• Any amounts deducted under a flexible spending plan are tax-free.
• A Flexible Spending Plan avoids all payroll taxes for both you and your employees, including, federal, state, FICA, medicare, SDI, and even worker's compensation insurance premiums.
• Employees save an average of 25-40% on Flexible Spending Plan contributions.

Many Benefits To Choose From

For 2020:

Dependent Daycare

$5,000 of dependent daycare, including both childcare and parent-care.

Medical Expenses

$2,750 for out-of-pocket medical, dental, or vision expenses, including prescriptions, copays, deductibles, eye glasses, and dental expenses.

Mass Transit

$270.00/month for mass transit expenses, including BART, van pools, and Caltrain.

Parking

$270.00/month for commuter parking expenses.

Adoption Assistance

$14,300 for adoption assistance.

Insurance Premiums

No limit for employer-sponsored medical, dental and vision insurance.

Individual Insurance premiums

Individual medical insurance premiums are no longer allowed in a flexible spending plan. 

However, there is no limit for individual dental or vision insurance premiums.