The Jacobs Company
Employee Benefit Plans & Services
    Flexible Spending Accounts

(FSA)

Flexible Spending Accounts are a type of "cafeteria plan," commonly used among smaller employers.

Participating employees generally elect to have their salary reduced each month.  The employer then uses these funds to pay for certain benefits with "before-tax" dollars.  The most typical benefits include the following:

            A. Health Insurance Premiums
            B. Medical expenses not otherwise covered
            C. Dependent care expenses

Tax Benefits
FSA'S Which Include Health Benefits


 Group Health Insurance
 Cobra Coverage Continuation
 Cafeteria Compensation Plans
 Medical Reimbursment Plans
 Health Care Portability
 Group Medical Insurance Plans Please refer to our Health Insurance Section as we are developing the Employee Benefits Section

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This document was last modified on July 26, 1999

Copyright ©1999, The Jacobs Company, All Rights Reserved