Formula Benefits

Tax Advantaged Account

2011 Administrative Fees:

• $3.75 Per Employee Per Month, regardless of single or family coverage.
• Set up Fee: $2.95 Per Employee (includes preparation of Summary Plan Description)

Advantages of FSAs for employers include:

• Reduce your annual plan-sponsored medical expenses.
• Give employees a tax-advantaged way to save money.
• Gets employees more involved in their health care decision making, thus making them better health care consumers.

Advantages of FSAs for employees include:

• Deductions are taken before taxes, so you have less tax and more spendable income.
• Can be used to offset ever-rising dependent care expenses.
• May lower your tax bracket.