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FlexSystem Savings Calculator

To calculate an estimate of your tax savings using the FlexSystem calculator, fill out this form. As you fill out the form, the estimates will display automatically.

While this calculator will provide you with a snapshot based on your current situation, please revisit this calculator on a regular basis to check your estimated savings.

Take home pay is $0.00 higher with FlexSystem

Gross pay per period:
State & local taxes:
401(k)/403(b) plan withholding:
Pay period:
Filing status:
Dependents:

FlexSystem Section 125 Cafeteria Plan expenses per period:

Insurance premiums:
Dependent day care expenses:
Out of pocket medical:
With FlexSystem:
Without FlexSystem:
 

*All calculations are based on current tax rates and are an estimate of savings.

Section 125 Cafeteria Plan Overview

One benefit that many employers across the country are offering to their employees is the Section 125 Cafeteria plan. This plan is more commonly known as a Flexible Spending Account (FSA). Our FlexSystem allows employees to make pre-tax deductions from their paychecks to cover certain expenses such as out-of-pocket medical expenses, daycare, and insurance premiums. By participating in an FSA plan, you can actually pay less in taxes and increase your net paycheck at the same time.

FSA - SECTION 125 - FLEXIBLE SPENDING ACCOUNTS | HRA - SECTION 105 - HEALTH REIMBURSEMENT ARRANGEMENTS | HSA - HEALTH SAVINGS ACCOUNTS | COBRA ADMINISTRATION | FMLA ADMINISTRATION | ERISA ADMINISTRATION | PAYROLL ADMINISTRATION