At EBC, we’ve aided companies structure thousands of ideas to fulfill their Corporation’s specific requirements. Let’s Check out a couple example HRAs that We've designed for employers in the past. For more info, stop by our Building Your EBC HRA webpage.
After you use your Advantages Card at these retailers, you fork out directly from your profit account while not having to pay out out-of-pocket and after that post a claim for reimbursement.
Nondiscrimination tests at the conclusion of the system 12 months, which include all 9 required tests for FSAs and cafeteria plans
Wrap prepare files: Wrap your overall health and welfare Gains into a single plan doc and summary approach description (SPD) to simplify administration, combine needed notices, and reduce the necessity to submit multiple Sort 5500s.
The advantages Card employs intelligent technologies so that qualified EBC account-centered items are loaded on to the Benefits Card. Members no longer really have to juggle a number of playing cards just to access their gain funds.
Sort 5500: We put together your wellness and welfare reward program Kind 5500 to meet ERISA reporting specifications. This really is included with our health treatment FSA and is also an additional fee for other products and solutions.
Transportation fees provided by the dependent care company for transportation to/from where by care is presented.
With our vehicle-transform aspect, contributors which have been now enrolled in a normal health and fitness FSA in addition to enroll within an HSA will routinely hold the funds of their conventional wellbeing FSA converted to a confined wellbeing FSA to keep up HSA-eligibility.
Commuter Added benefits: Put aside pre-tax money to purchase selected transportation ebc charges for your commute to or from a regular workplace.
Wrap strategy documents: Wrap your health and welfare Gains into an individual system doc and summary prepare description (SPD) to simplify administration, Mix essential notices, and do away with the need to post numerous Variety 5500s.
Nondiscrimination screening at the end of the prepare year, together with all nine needed assessments for FSAs and cafeteria strategies
Nondiscrimination tests: We Acquire details from you and carry out the necessary screening in your behalf. Annual screening is incorporated with our FSA and POP administration and is an extra payment for other products and solutions.
The cell application also has a communications hub that helps you to check out many of the communications EBC has sent you in the centralized locale, ensuring you’ll under no circumstances skip a conversation.
Overall health cost savings account (HSA): Put aside cash with a pre-tax basis to buy competent professional medical bills. You have your HSA and also have the flexibleness to settle on no matter whether you spend, conserve, or spend your HSA pounds.