If you’d like to make a purchase using your FSA or HSA, but aren’t sure if it’s eligible, download our app! The Advantage Administrators app has an Eligible Expense Scanner that lets you know what you can and cannot use your benefit card on. The Advantage Administrators app is available in the Apple App Store...
Spring is on its way! Don’t forget you can use your FSA to get warm weather essentials like sunscreen and bug spray. Head on over to FSAStore.com today! Use code “ADVANWEL” to get $10 off your first purchase.
The biggest mistake you can make with your Health Savings Account is not investing your funds to take full advantage of an HSA’s money-earning abilities. Talk to your Advantage Administrators representative today about how you can invest your HSA funds.
Today is Jeff Conrforth’s birthday! Jeff is the janitor, and a very valued team member, here at Advantage Administrators. Happy birthday Jeff!
It’s always exciting to get a tax refund, but many people end up spending it on necessities- such as healthcare they can’t afford during the rest of the year. Consider using an HSA or FSA during the year so that you can use your tax refund on something else.
Our staff are helping our janitor put together and set up new cubicles. At Advantage Administrators, staff are like family. We work together to help each other.
Rod Drenkow has achieved Elite status with Ascensus for 2019. As a Signature Elite advisor, his clients will have dedicated access to their award-winning retirement plan service team. We are proud of Rod for being recognized by an organization that helps millions of Americans make the dream of a stress-free retirement a reality, and we...
How would you like to be paid for your daily commute? Some employers offer Commuter Benefits plans, in which you can designate a portion of your paycheck, pre-tax, to an account that covers public transportation, parking costs, and even bicycle repair. By using those dollars pre-tax, you can save a significant amount. It’s almost like...
Are you in love with your Flexible Spending Account? Use your FSA funds at the FSA Store to make purchases. Everything on the site is eligible! Use code “CBAA5” to get $5 off your next purchase. Click here to visit the FSA Store.
A Flex Plan allows a participant to set aside dollars each year from their paycheck to pay for qualified health and dependent care expenses through a Section 125 Cafeteria Account. These dollars are deducted from wages before any income or social security taxes are paid. By using this tax savings plan, participants will notice an increase in take home pay and have access to a reimbursement account throughout the year to pay for qualified expenses. Employers will not have to pay FICA or FUTA taxes on dollars run through the plan. Additionally, employers have the option of adding on a defined contribution plan set-up and an online enrollment tool.
Any administrator can propose a plan, but we take our administration the extra mile for you and your employees by providing superior customer service. Advantage Administrators provides the following services for our Flex Plans.
Flex Plans
Forms
HSA
HRA
Retirement
FSA Store