|
Section 125 Cafeteria Plan Administration** Program set-up including plan design and implementation process. Preparation of model plan documents. Preparation of employee communication materials. Conduct employee meetings. Production of monthly reports. Electronic transfer of data. Daily reimbursement of FSAs. Assistance in completing Form 5500 when required. Assistance in completing Discrimination Testing.
**These administrative services are available in most states and are administered by Ameritas Life Insurance Corp.
Medical Reimbursement You may elect to designate pre-tax dollars to the Medical Reimbursement account, for eligible, out-of-pocket medical expenses you, or your family, incur during your Cafeteria Plan Year. Some of these expenses include eye care, dental care, medical co-pay's, and prescription and eligible over-the-counter medications.
These reimbursement dollars become a non-taxable benefit for you and will be payable directly to you when you submit valid receipts as claims.
Eligible Medical Expenses F.A.Q. Medical Reimbursement
Dependent Care Assistance You may elect to designate pre-tax dollars to the Dependent Care Assistance account, for eligible, out-of-pocket dependent care your family, incur during your Cafeteria Plan Year. Some of these expenses include daycare, extended care for before/after school, baby-sitting (during working hours), and custodial care for a dependent incapable of self-care.
Eligible Dependent Care Expenses F.A.Q. Dependent Care
These reimbursement dollars become a non-taxable benefit for you and will be payable directly to you (subject to available account balance) when you submit valid receipts as claims.
|