FlexSystem is an IRS Code Section 125 Cafeteria Plan
that enables employees to pay for eligible expenses on a pre-tax
basis - an instant savings of nearly 30% for the employee. For you?
Benefits costs are controlled without restricting choices, and you pay
less in Social Security tax for every dollar of employee participation.
HOW DOES IT WORK?
After a paperless on-line set-up, employees place
funds in predetermined benefit accounts through salary reduction. When a
qualified expense is incurred, the employee submits a request and
receives reimbursement. With on-line administration and submission of
requests for reimbursement, daily check processing, and direct deposit,
FlexSystem provides the industry’s fastest turnaround of requests.
FOR EMPLOYERS, FLEXSYSTEM
OFFERS REAL ADVANTAGES
All-inclusive fees—no additional
charges or hidden fees
FlexSystem has a funding arrangement
unique to the industry
Exclusive VeriFlex process for
substantiation of requests for
Electronic transfer of client funds
to FlexSystem—no more cutting
Not tied to any insurance or other
employee benefit plan
Transportation benefit available at
no additional cost
Mirror-imaging of payroll for fastest
turnaround of reimbursements
20+ years of experience