Every dollar an employee routes through an HSA, FSA, or Commuter account is a dollar the employer doesn't pay 7.65% FICA on. Model your book in seconds.
Enter the workforce and health plan mix, then set current and target participation for each account. Results update live.
Pre-tax savings for medical expenses. HDHP members only.
2,000 eligible employees
Dental and vision expenses. Pairs with an HSA for HDHP members.
2,000 eligible employees
Qualified medical expenses. Traditional plan members only.
3,000 eligible employees
Childcare and dependent care. Available with any health plan.
5,000 eligible employees
Pre-tax transit and parking. Available with any health plan.
5,000 eligible employees
FICA is the employer's required match on Social Security and Medicare. Pre-tax benefit accounts shrink the wages it applies to.
Employees fund HSAs, FSAs, LPFSAs, Dependent Care, or Commuter accounts from gross pay.
Those contributions are excluded from FICA wages — for both the employee and the employer.
Every pre-tax dollar saves 6.2¢ Social Security + 1.45¢ Medicare. It compounds fast across thousands of employees.
Across 30,000 employees electing pre-tax benefits, that's millions in savings dropped to the employer's bottom line.