Calculators
Employer Calculator:
The Tax Savings Calculator allows the employer to determine the best combination of pre-tax plans to afford the greatest savings and benefits for the employees. It can be used:
- As a quoting tool to determine the set up and annual costs for FlexOptions plans.
- To determine the employer tax savings for estimated employee contributions.
- To see how much the employer can afford in contributions through premium and tax savings.
- To help estimate their annual budget for benefits.
Employer Savings Calculator
Employee Calculator:
The Employee Calculator is designed to help the individual determine how much to contribute to a pre-tax plan and calculate the corresponding tax savings based on his/her tax bracket. In addition to providing tax bracket information based on the employee’s annual salary and filing status, the Employee Calculator also contains a worksheet to help employees estimate annual expenses for medical, dependent care and transit expenses. By simply following the directions on the worksheet, a record of the savings and estimated annual costs can be generated and printed for record-keeping.
Employee Savings Calculator
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