Advantages:
In today's competitive world of recruiting and retaining talented people, human resource departments are looking for a broad range of benefits to attract and retain employees. The OmniFlex take care® Card gives your employees easy, convenient access to their FSA or DCA account. With the OmniFlex take care® Card, not only do your employees win, but also your organization will reduce paperwork associated with these accounts while achieving important tax savings. The OmniFlex take care® Card can increase your organization's flex account participation thereby lowering your company's FICA taxes.
The Benefits include:
- Simplified Flex Account access
- Increases employee Flex participation and decreases payroll taxes
Are your participants tired of spending time submitting receipts and reimbursement forms then waiting weeks or months for a check to arrive in the mail? With the OmniFlex take care® Card, your employees will have an easy way to access their funds.
The Advantages include:
- Merchants and providers are paid at the point-of-sale
- No out-of-pocket expenses at the time of service
- Reduced paperwork
- Employees may be eligible for discounts at participating merchants and providers
- Easier access and more efficient use of your employees flex funds decreases the risk of losing unused funds at the end of the year