Flexible Spending Accounts
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Health Reimbursement Arrangements
The Arrow philosophy on tax advantaged benefit programs is to offer high level automated support at competitive rates, while providing educational tools and personal service.
We support:
- Full Cafeteria Plans
- Flexible Spending Accounts
- Health Reimbursement Arrangements
- Dependent Care Assistance Plans
- Commuter Reimbursement Accounts
Most importantly, we call plan participants to answer questions, provide additional information and help reconcile claims problems. It’s the personal touch our clients appreciate.
Services include:
- Personalized debit cards with auto alerts
- Choice of trust account (at cost) or drafting the employer operating account
- Claims portal for submission and status report
- Monthly employer reporting
- Plan documentation
- Discrimination testing and proposed reconciliation
- Manual claims payment as needed
- Annual information bulletins on IRS required plan changes