Pre-tax benefits are simple to use. Click each step to learn more.
Pre-tax benefits provide a simple way for you to save and earn more money. Simply by planning ahead and enrolling, you will save up to 40% on your regular expenses. And because you reduce the amount of taxes you pay by contributing pre-tax dollars to each benefit, you actually increase your take home pay.
Here is a demonstration on how you could save $4,160 by using pre-tax benefits:
“My family has used a flexible spending account and a dependent care account for eleven years. We have two children, one with braces and one with a retainer. The cost of orthodontia was more than $7,000 in 2009 alone. Flexible spending accounts have allowed us to save a substantial amount on costs that are not covered by our health insurance company.”
Annual Savings: $1,400