An assortment of benefit accounts to help employees with unexpected expenses that incur during times of need – all available on Universal Benefit Account®.
Each of these accounts are employer-funded and employer-designated, meaning, you set your own terms and conditions in the plan design. They are a way to assist your employees during trying times and help build a community of caring.
View more information on plan design configurations, election changes and compliance around emergencies.
Emergency Expense Reimbursement Account Help cover unforeseen costs during an emergency. You determine eligible items for reimbursement based on emergency circumstances or a triggering event. Funding Arrangement: 100% Employer-funded. |
Offer an interest-free loan with immediate access to borrowed funds via the TASC Card. You set the terms of the loan and are responsible for all collections. Funding Arrangement: 100% Employer-funded. |
Employee Crisis Fund Account Set aside funding to grant money to employees struck by a personal hardship or crisis. You choose taxable or tax-advantaged. Funding Arrangement: If employee contributions are accepted, the employer administers and sends funds to TASC. |
Disaster Relief Funding Account Create point-in-time donation funding for a specific charity during emergencies. Funding Arrangement: If employee contributions are accepted, the employer administers and sends funds to TASC. |
Employer Medical Credit Account Help employees get money to pay for unexpected medical, dental and vision expenses that exceed FSA or HSA funds while keeping them fully employed. Funding Arrangement: 100% Employer-funded. |
Emergency Medical Loan Account Offer emergency funds to those in need for qualifying healthcare expenses at any time during the benefit plan year. You set the terms of the loan and are responsible for all collections. Funding Arrangement: 100% Employer-funded. |
Reimburse all 213(d) medical expenses including additional copays, prescriptions and other out-of-pockets costs. Can set this up as a Limited Purpose HRA to pair with an HSA. Funding Arrangement: 100% Employer-funded. |
Reimburse for the cost of qualified office equipment and supplies necessary to sufficiently equip their home office or workstation. Funding Arrangement: 100% Employer-funded. |
Office Supplies Expense Reimbursement Account Reimburse for specific office supplies for working remotely - this account is a more selective version of the Home Office Account. Funding Arrangement: 100% Employer-funded. |
Reimburse for required clothing required including uniforms and safety items such as protective goggles, gloves, or shoes. Funding Arrangement: 100% Employer-funded. |
Back-Up Care Reimbursement Account Help employees pay for temporary care for their dependents, young and old, when regular care falls through. Funding Arrangement: 100% Employer-funded. |
Provide an opportunity to save money for charitable causes, but still allow access to funds in case of an emergency. Funding Arrangement: 100% Employee-funded. |
Donor Advised Fund (DAF) Individual Giving Account Give to any of thousands of 501(c)3 organizations with a one-time or recurring donation via post-tax paycheck deduction. Funding Arrangement: 100% Employee-funded. |
Allow employees to donate their own PTO hours to a bank made available to other employees in need during a crisis. Funding Arrangement: 100% Employee donation of PTO hours. |
Give additional PTO time to employees during times of crisis or unplanned life events. PTO hours are donated by other employees. Funding Arrangement: 100% Employee donation of PTO hours |
Partial Universal Deduction Giving Account Help employees use the CARES Act $300 total charitable deduction donation to count toward the 2020 additional tax deduction. Funding Arrangement: 100% Employee-funded. |
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Help employees bridge the gap of unpaid time during the waiting period before short-term disability coverage begins. Funding Arrangement: 100% Employer-funded. |
Give employees an easy way to put away money for a rainy day funded by regular payroll deductions or deposits. Funding Arrangement: 100% Employee-funded. |
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Student Loan Reimbursement Account Help employees paying student loans. Qualifying payments are excluded from the employee's taxable income up to $5,250. Funding Arrangement: 100% Employer-funded. |
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For Sales: Call TASC at 1-888-595-2261 to learn more or email iwantTASC@tasconline.com.