A Flexible Compensation Program will increase benefits available for employees, cut your expenses and save you tax dollars. Consider these advantages...

• You reduce your payroll taxes. As an employee's taxable salary decreases through participation in the Flexible Compensation Program, the related payroll taxes you pay - such as worker's compensation, and your share of Social Security expenses will decrease
  
  
• Tomei Administrators will administer your Flexible Compensation Program for you. There's no need for you to add more staff or computer resources
  
  
• Because employee Social Security contributions are decreased, eventual benefits may be less. To replace this loss, our optional voluntary permanent life insurance provides a growing tax-deferred retirement fund for the employee and an immediate death benefit for his or her family.
  
  
• The addition of The Flexible Compensation Program is cost efficient for you and a better benefit for your employees. Morale improves, Productivity goes up. And you hold onto and attract top employees.

An employee can use pre-tax salary dollars to pay certain benefit expenses such as:

• Employee contributions toward group medical, dental and vision insurance premiums
  
  
• Medical, dental, vision care, physical examinations and health related supplies and other services not covered by insurance. Such as deductibles, Doctor co-pays. RX co-pays etc.
  
  
• Day-care for a dependent child, disabled spouse or dependent parent.
  
  
• Because employees pay for these expenses on a pre-tax basis, they will lower their Social Security payments, Federal and State Income taxes.