Tax-Favored Plans

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Streeeeetch Every Employee Dollar

If taxes are the villain, tax-favored plans are the superhero who swoops in to save the day.

Tax-favored benefits give employees smart ways to use pre-tax dollars in multiple ways.

Like healthcare. Childcare. Transportation. And everyday expenses.

Suddenly, healthcare costs seem more manageable. Childcare doesn’t feel like a mortgage payment. At most every turn, your employees are saving.

It’s like a one-two punch from your benefits package. Great rates to start + tax-favored benefits.

Tax-Favored Benefits.
Real-World Value.

Medical Expense Reimbursement Plan (MERP):

Healthcare expenses can pile up fast. Thankfully, a MERP helps employers provide funds that employees can use toward qualified medical expenses. Help shave costs from deductibles, copays, and more. Your employees keep more of their hard-earned money. You reap the benefits of greater morale and appreciation from your team.

Health Reimbursement Account (HRA):

It’s a win-win in the healthcare arena. This employer-funded account reimburses employees for qualified medical expenses while offering potential tax advantages. You’re in control: choose the plan design for your budget and team.

Flexible Spending Account (FSA):

Ready for an instant tax savings? DONE! With an FSA, employees can set aside pre-tax money to pay for qualified medical, dental, and vision expenses. Suddenly, each paycheck they get goes even farther!

Limited Purpose FSA (LFSA)

Dental and vison expenses can add up fast! That’s why a Limited Purpose FSA was created. By using pre-tax dollars for eligible dental and vision expenses, your team saves more when it comes to routine care.

Dependent Care Assistance (DCA):

Quality childcare is at the center of balancing work and family life. It’s essential. It’s also expensive. That’s where a DCA program steps in. Eligible employees can use pre-tax dollars toward qualified dependent care expenses. Working parents get a little sigh of relief. Just another reason they’ll appreciate working for you.

Health Savings Account (HSA):

More than a win-win, Health Savings Accounts are a win-win-win! First, you contribute to an HSA pre-tax. Second, your money grows tax-free. Finally, use your HSA tax-free for qualified medical expenses. An HSA works best when paired with an eligible high-deductible health plan. It’s a powerful tool for managing healthcare costs today and preparing for what tomorrow brings.

Commuter Benefits:

Who says you can’t benefit from your job even before your work day starts? Commute benefits allow eligible employees to set aside pre-tax dollars for qualifying commuting expenses. The farther they travel to work… the further their paycheck will go!

Why NationalHR?

Benefits Built Around Your People

There is no universal benefits package. And there shouldn’t be. That’s because all of your employees have different lifestyles. Different goals. That’s why we work directly with you to build a tax-favored benefits strategy around your organization’s goals, budget, and employees.

Less Confusion. More Clarity.

Taxes and benefits. Confusing and confusing. But not with NationalHR. We make the details easier to understand. Together, we explain the potential advantages of each option, and help your team make informed decisions.

Administration Without the Headaches

It shouldn’t take you a spreadsheet, a calculator, and 3 cups of coffee to manage your benefits package. We make it easy. Our user-friendly technology, dedicated support team, and in-house Third Party Administrator help make administration easier for employers and employees alike.

Beyond Saving Your Health, NationalHR Saves You Money

There’s a reason they’re called “Benefits.” Beyond looking impressive on paper, they benefit your employees in multiple ways.

Our tax-favored solutions do just that. Let’s discover tax-favored plans that help your people save, simplify your administration, and get even more from the benefits you provide.

Let’s make your benefits work harder…

Get In Touch

Get Started with NationalHR

Benefits wrapped in tax advantages provide your employees the best of both worlds. Contact us today to learn how NationalHR can help you implement tax-favored benefits that drive employee satisfaction and enhance your organization’s financial strategy.