Flexible Spending Accounts

Flexible Spending Accounts (FSA) are available to businesses with two or more employees and enable employers and their employees to pay for a variety of medical and dependent care expenses with pre-tax dollars, as established by IRS Code Section 125. FSA plan designs can be customized and combined to meet the benefit needs of any company and its employees.


  • Reduces employment taxes: FICA, unemployment, and workers compensation
  • Provides an outstanding corporate-sponsored benefit at no increase in salary
  • Enhances employee benefit package – helps to recruit new employees and reduce turnover
  • Easily understood and implemented


  • Reduces taxable income
  • Increases spendable income
  • Offers an easy and convenient way to pay for expenses not covered by insurance; funds are available when expenses are incurred
  • Allows the purchase of other benefits on a pre-tax basis
  • Offers benefit selections based on their needs
  • Benefits from Flex125 accounts are higher than what Social Security will provide (in most cases)

Soldevila & Associates provides a wide array of FSA, HRA and HSA options. To get a quote for these services click here. For official tax information on HRAs, review the IRS Section 105 Notice.