At EBC, we’ve assisted employers structure Countless ideas to meet their Corporation’s distinct demands. Allow’s Consider a pair example HRAs that We've got created for companies up to now. To learn more, go to our Building Your EBC HRA webpage.
Any time you make use of your Positive aspects Card at these vendors, you spend straight from your benefit account without the need to shell out out-of-pocket after which post a claim for reimbursement.
Post statements on the web and use direct deposit. Don’t Possess a Advantages Card? No problem. Help save your expense documentation and post your claim for reimbursement on the web. Enroll in direct deposit and also your funds are routinely deposited inside your discounts or examining account.
Wrap prepare files: Wrap your well being and welfare Positive aspects into only one program document and summary strategy description (SPD) to simplify administration, combine required notices, and eliminate the necessity to submit various Sort 5500s.
The Benefits Card uses clever technology making sure that eligible EBC account-based mostly products and solutions are loaded onto the advantages Card. Individuals now not really have to juggle several playing cards only to access their reward funds.
Kind 5500: We put together your overall health and welfare gain prepare Kind 5500 to meet ERISA reporting prerequisites. That is involved with our overall health care FSA and is particularly an extra charge for other products and solutions.
Our Compliance Providers deliver businesses with the guidance they need to satisfy vital laws. We offer the next increase-on expert services to employers who use EBC to administer other gain choices:
With our vehicle-convert characteristic, individuals that happen to be now enrolled in a standard health FSA and also enroll within an HSA will immediately possess the funds in their regular well being FSA transformed to a confined wellbeing FSA to keep up HSA-eligibility.
Rollover is a well-liked approach choice that enables up to a specified volume of unused cash to roll from one prepare 12 months to another. Rollover is not available for dependent care FSAs.
Wrap program documents: Wrap your well being and welfare benefits into one strategy doc and summary program description (SPD) to simplify administration, combine demanded notices, and do away with the need to submit various Type 5500s.
The Benefits Card permits contributors pay for suitable fees straight from their wellbeing treatment FSA or constrained wellbeing FSA instead of needing to post a declare and anticipate reimbursement.
Nondiscrimination tests: We gather data from you and perform the necessary tests in your behalf. Yearly tests is integrated with our FSA and POP administration and is yet another cost for other items.
When you log in for the application, you’ll promptly see your active accounts with balances and various ebc account unique facts offered. After you faucet an account, you’ll see specifics just like the deposits designed thus far, the quantity you’ve employed, the final working day to submit statements, and even more.
We also give open up enrollment services, which contain sending open enrollment details to experienced beneficiaries through their open up enrollment time period when staff members are permitted to transform or insert coverage(s).
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