FBA makes offering special benefits possible.

There are other benefits available to you and your employees that can help keep them feeling valued and engaged. Flexible Benefit Administrators (FBA) can make that kind of flexibility possible for you with our experienced, efficient administration.

Your Solutions

Meet unique needs with these benefit options.

What attracts the most sought-after employees? What keeps them happy in their positions? What gives you a competitive edge? Count on FBA to manage and administer special benefits that can do all of those things.

Premium Only Plans

Premium Only Plans (POPs) are the building blocks of the Section 125 plan. These plans allow employees to pay their health insurance premiums with tax-free dollars and save up to 40 percent on federal income taxes alone. This plan is a great solution to companies who want to offer tax benefits to eligible employees, but who do not want to invest into a full pre-tax benefit plan.

Commuter Transit/Parking

This account is an employer-sponsored benefit program that allows participants to set aside pre-tax dollars into separate accounts to pay for qualified mass transit, van pooling and parking expenses associated with their commute to work. By offering this plan, employers are able to attract and recruit employees while also obtaining savings on FICA taxes. On average, employees saved 30 percent and employers saved 7.5 percent when this plan was implemented.

Adoption Assistance Programs

Adoption Assistance Programs are designed to help adoptive parents meet costly needs. Reasonable and necessary adoption fees, court fees and other expenses can be reimbursed under an FSA program.

Education Reimbursement Accounts

One of the most generous benefits a company can offer is an Education Reimbursement Account. This benefit program is a contractual agreement between employer and employee that outlines specific terms under which the employer may pay for the employee’s continued education.

Simple Cafeteria Plans

Under the Healthcare Reform package, eligible small employers are now able to establish a new type of cafeteria plan known as the Simple Cafeteria Plan. This new plan is an employer-sponsored plan that gives employees the option to select benefits or cash.

Lifestyle Spending Accounts (LSA)

An LSA is a post-tax benefit that is employer funded and employer owned. Eligible expenses for LSA can be anything the employer chooses to meet the needs of employees. LSA-eligible expenses fall into wellness categories such as: physical, financial, and emotional. We can customize plans that could cover gym memberships, wellness expenses, and nutrition expenses, just to name a few.

Transform the way you manage benefits.

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See how FBA could impact your process.

We provide coverage, wherever you are.

 

FBA was one of the first third-party benefit administrators in the nation, and covers the nation, from coast to coast. Worried about our operating hours for different time zones? Don't fret. We pride ourselves on having a human available to talk to you whenever you need us.

So no matter where you are in the United States, you'll be able enjoy all the advantages of our customized plans, personalized attention, excellent service, flexibility, knowledge and experience.