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Health Care FSA. A Health Care FSA allows employees to set aside pre-tax dollars out of their paychecks to pay for eligible health care expenses. Funds put into the plan avoid both Federal Income Tax and FICA, creating a tax savings for both the participant and the employer! request a quote.
The Flexible Spending Account (FSA) is an increasingly popular Voluntary Benefit available for you to offer to your employees as part of your Cafeteria Plan.ontributing to their FSA is a cost-effective way for your employees to reduce their taxable income and save money on health care essentials, reducing their financial stress and allowing them to focus better on their jobs. Benefits Connection makes both types of plans available for your employees.