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| Home » Employee Benefits » Flexible Spending Plan |
| Flexible Spending Plan |
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A flexible spending plan enables an employee to set aside pre-tax dollars to use to cover their medical deductibles, any health-related costs not covered by current insurance plan, and child care.
If you have a high deductible that you must pay before your coverage kicks in, you can use this program to cover your deductible. This program can help some people to move into a more advantageous tax bracket.
The PSP Group ensures that these plans are set up to meet IRS guidelines. |
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