FSA Savings Calculator for Employers

Your challenge: You want to offer an FSA plan to your employees, but you're concerned about the cost of such a plan.

Ceridian's solution: With Ceridian's FSA services, you will not owe payroll taxes on FSA contributions and your tax savings will usually pay for the entire cost of FSA administration. Ceridian offers these services:

• Health Care Flexible Spending Account - Employees use pre-tax dollars to pay for insurance deductibles, co-payments, glasses and contact lenses, orthodontia and hundreds of other health care related expenses not covered by their insurance plans.
  
• Dependent Care Flexible Spending Account - Employees use pre-tax dollars to pay for day care expenses of their children or dependent adults.
    
• Pre-Tax Premium Plan - Employees pay their share of company-sponsored insurance plan premiums with pre-tax dollars.
    

Use the calculator below to show your potential employer tax savings and how these savings can help you pay for Ceridian's solution for your company.

What is your current total number of benefit eligible employees?
What participation percentage do you want to achieve from your FSA? More Info
What is the average annual employee contribution for health insurance?
Answers:
				participants	fsa dollars
Total Participants:					---
Total Dependent Care participants (at $3,500 each year):
Total Medical Care participants (at $1000 each year):
Total Pre-Tax Premium Contributions:
Potential Savings with Ceridian Benefits Services Flexible Spending Account in place. (Based on FICA only.)
* - Total Participants based on the following Ceridian averages: 5% of eligible employees will participate in the Dependant Care Spending Account and of those, 20% will also participate in the Medical Care Spending Account.     Total participation for insurance based on 80% of benefit eligible population.