Medical

Flexible Spending Accounts

Flexible Spending Accounts (FSAs) help cover those out-of-pocket medical expenses that life throws our way. With Zenefits, enrolling in FSAs is a snap, all participants receive a debit card, and employees can easily track and manage their funds and even submit claims through our online dashboard.

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KEY FEATURES

Attractive employee benefit

FSAs are popular because they enable your staff to save money by using pre-tax contributions to pay for out-of-pocket medical and dependent care expenses. They’re a great way to attract and retain top talent.

Intuitive employee experience

Employees can sign up for an FSA account in just minutes online, and they receive a Zenefits card to pay for their eligible expenses. This same debit card can be used for any Zenefits Flex Benefits accounts they may have—such as Commuter Benefits.

Employee FSA overview page

Employee FSA overview page

Visibility and on-the-go access

Employees can keep an eye on their available balances and transaction histories, update their contribution amounts, submit claims, and request new or replacement cards—all from a computer or the Zenefits Mobile app.

Built-in compliance

Zenefits helps you with the hard work of compliance —proactively pushing important legal notices to you and your employees, providing easy-to-use online tools, syncing with your insurance carriers, and storing the benefits notices in an online document library. It couldn’t be simpler.

Viewing balance on the Zenefits Mobile App

Viewing balance on the Zenefits Mobile App

Sync information for an effortless experience

Managing your company’s FSAs through Zenefits means key information can be shared with other Zenefits apps across the platform, so the whole process is painless for both you and your employees.

  • HR: New hires can self-enroll in FSAs during onboarding, and employees can easily sign up during open enrollment.
  • Benefit Management: Zenefits cards are sent to the correct addresses and reimbursements are credited to the right bank accounts.
  • Payroll : Benefit deductions are calculated and updated in payroll for you.

Employee contributions sync to payroll

Employee contributions sync to payroll

CUSTOMER TESTIMONIALS

“From the admin perspective, it's been very easy. I signed up, the FSA card showed up on our Zenefits dashboard, and the employee debit cards arrived in the mail.”

Nathalie McGraath, Director of People, Coinbase

“The onboarding election process (FSA) is more smooth, and it's easy to submit claims and use the card.”

Betsy Niksefat, VP of Finance and Human Resources, Katch

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