Welcome to the PayData’s evoFlex Flexible Spending Account (FSA) Administration Service. Employers of all sizes and industries are reaping the benefits of offering PayData’s complete FSA service to their employees. With the rising cost of health care and dependent care services, the value of offering a pre-tax vehicle to your employees continues to be an important part of your company’s benefit offerings.

PayData’s evoFlex Service offers both the employer and the employees an online portal to manage the tax-saving accounts. From open enrollment to claim management, evoFlex makes FSA administration easy. PayData’s evoFlex provides weekly electronic claim reimbursements or use of the evoFlex debit card option. PayData’s evoFlex customer service is responsive and professional, allowing you to offer the benefit to your employees with confidence. 

 Did you know?

By adding an FSA, your employees will reduce their taxes and increase thier take-home pay. 
On average, people save 23% in taxes, (assuming Federal, state, and social security taxes), by paying their out-of-pocket health care and child care expenses on a pretax basis through a flex plan. Actual tax savings depends on several variables, including state and local tax rates and the tax bracket of the participant: 
     15% tax bracket can save up to 22.65% 
     27% tax bracket can save up to 34.65% 
Employees may participate in the FSA plan even if they do not enroll in the employer's medical or dental plans. 
Financial planners and tax advisors advocate participation in flexible spending accounts. 
The employee can pay their work-related daycare expenses, and their out-of-pocket medical, dental and vision expenses on a pre-tax basis through an FSA plan.

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