Benefits & Services Section 125

Section 125 (Flexible Spending Account)

Defined benefit plans versus traditional plans focus on the development of a healthier employee population, which creates a healthier and more productive workforce. This program incorporates the following:

Section 125 Flexible Spending Arrangement (FSA)

  • Grace Period - 2 month and fifteen day extension
  • $500 Unreimbursed Healthcare Maximum Carry Over
  • Premium Only Plan
  • Prohibition of FSA Stand Alone Plans
  • Qualifying Event $500 Unreimbursed Healthcare Maximum Carry Over
    • Health Reimbursement Arrangement (HRA)
    • IEBP provides discrimination testing per request
  • Prohibition of HRA Stand Alone Plans
    • Retiree Reimbursement Arrangement (RRA)
    • Health Savings Account (HSA)/High Deductible Plans
    • Consumer Centered Pool Plan Options
 
For more information about how TML MultiState IEBP can help you manage your benefit costs, please Contact Us today!