Remove Consulting Remove Flexible Spending Account Remove Take Home Pay
article thumbnail

5 ways to alleviate your employees' hesitations with choosing in an FSA

WEX Inc.

Flexible spending accounts (FSAs) are a powerful tool for individuals and employers to save money on healthcare and dependent care expenses. Some individuals may be wary of reducing their take-home pay, especially if they are already on a tight budget. Download now! It is not legal, financial, or tax advice.

article thumbnail

9 Nontaxable Employee Benefits for Maximizing Your Income and Workplace Satisfaction

Empuls

They can range from health insurance coverage to retirement plans, flexible spending accounts, transportation benefits, education assistance, and more. By reducing the taxable portion of their income, employees can effectively increase their take-home pay. Connect with our employee perks and benefit experts.

article thumbnail

What is a dependent care FSA?

WEX Inc.

A dependent care flexible spending account (FSA) lets participants set aside pre-tax dollars to help pay for dependent care. Use our FSA calculator to see how FSAs can help you pay less taxes and increase your take-home pay. For legal or tax advice, you should consult your own counsel.