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Flexible Spending Accounts

The FSA principle is the same as the POP. Yet, an FSA allows you to expand the range of pre-tax deductions to include dependent care, dental, vision care, as well as out-of-pocket medical expenses such as deductibles and co-payments.

By offering these programs, employers can reduce their payroll taxes up to 7.65 percent for every pre-tax dollar contributed by their employees. In addition, these programs have been time consuming and confusing to administer.

CPS streamlines the process for both the employee and the employer. Through payroll integration, the set up, ongoing administration and expense reimbursement process is fully integrated.

Keeping It Simple

  • Integrates with payroll
  • Increases employee take home pay
  • Saves taxes for your company
  • We handle design, administration, and compliance



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