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Flexible Spending Accounts "Cafeteria Plans" offer a large menu of benefit options to employees Flexible Spending Accounts (FSAs), commonly referred to as “Section 125” plans or “Cafeteria” plans, were developed as part of Internal Revenue Code Section 125 to provide employees with tax relief for their un-reimbursed medical and dependent day-care costs. FSAs enable employees to utilize pre-tax dollars and save Federal, FICA, and, in most cases, state taxes when paying for eligible expenses not covered by traditional insurance plans. Although FSAs have been available for many years, the emergence of consumer-driven healthcare and increased employee cost-sharing has made them an integral benefits solution that provides substantial tax savings to both employers and employees. There are three types of Flexible Spending Accounts: 1.Medical Reimbursement Accounts: Accounts used to pay for eligible un-reimbursed medical expenses such as co-pays, deductibles, dental, vision, prescription, over-the-counter drugs, and more. 2.Dependent Day-Care Reimbursement Accounts: Accounts used to pay for the daily care of an eligible child or adult dependent as defined by the IRS; 3.Commuter Reimbursement Accounts: Accounts used to pay for eligible transportation and parking expenses. To further enhance the benefits of implementing FSAs, AmeriFlex offers the AmeriFlex Convenience Card® MasterCard®. This single-platform debit card allows for the automatic electronic transfer of pre-tax dollars from an FSA when paying for qualified expenses. Most importantly, the AmeriFlex Convenience Card® can accommodate and administer all three accounts on the same card without an incremental fee. For more information regarding Flexible Spending Accounts, please review the documents and links to the left or contact AmeriFlex's Marketing Department at 888-868-3539, ext. 112 or [email protected].

By simple definition - a submission is a request to a carrier, wholesaler or provider to underwrite and bind a policy. In other words, it is a detailed request for a quote and subsequent binding. Our Submission Dashboard is, accordingly to many commercial lines agents that use the tool regularly... "the most powerful submission management tool ..." ...the first and only service of its kind - a best-in-class interactive tool that allows you to submit, track your submissions, re-submit and rate your submissions experience and the provider responses, all in one place, and secure (encrypted). Don't think you could benefit from this great tool? Think again! Your client is up for renewal, but the current carrier will not renew. Your client wants better rates or will take their business elsewhere. You have a prospect that will switch their AOR/BOR if you can quickly show value. You have a book of business - multiple clients in a niche business (school cafeteria insurance, for example). Shop your book - get better rates and service.