“We have HRA, dependent care, and flexible spending accounts with Paylocity, and it’s been a great process for us. We had separate software in the past, so it has been a huge time-saver for our employees and HR team."
“We have found that switching our flexible spending account to Paylocity has been a very positive move. Administration has been much easier."
Benefits Made to Order-Anytime, anywhere
Tired of answering unending questions about balances and policies across multiple benefits providers? The ease of a unified employee experience is a game-changer. Account activity and deductions are all managed from the same system, connecting seamlessly to Payroll, which means convenience, time-savings and, ultimately, cost savings. With Paylocity Flexible Benefits, maximizing third-party administrative (TPA) benefit offerings has never been easier – for you or your employees!
Health Savings Accounts let employees with high-deductible health plans to set aside funds (pre-tax) for qualifying medical, dental, and vision expenses.
Flexible Spending Accounts lets employees contribute a portion of each paycheck (pre-tax)
to pay for qualifying expenses, such as out-of-pocket costs.
Health Reimbursement Arrangements are tax-advantaged, employer-funded health benefit
plans that reimburse out-of-pocket medical expenses.
Premium Only Plans allow employees to pay most insurance premiums on a pre-tax basis.
COBRA coverage offers temporary continuation of health benefits
under certain circumstances, like job loss.
Transportation Management Accounts are a pre-tax benefit for
work-related transportation and parking.
Access Flexible Benefits Anywhere
Employees can review account balances and file claims any time, on mobile or desktop, with real-time event notifications.
Give Employees Smart Tools
Automatically separate qualified account expenditures at checkout with smart debit card technology for a timesaving, paperless user experience.
Know You're in Compliance
Simplify your compliance requirements-from federal and state regulations to COBRA, ACA and HIPAA.
One-and-Done Data Entry
Reduce errors and duplicate data entry by managing TPA in the same place as Benefits Administration.
Get It Right (the First Time)
Self-service, non-discrimination testing experience helps administrators mitigate risk and improve the employee experience.
Help employees make informed decisions on the flexible benefits available to them with pre-made video guidance in open enrollment.
The Contribution Dashboard helps administrators keep employees on track to meet their yearly goals–which can save money for the employee (and the company)-and is proven to dramatically reduce discrepancies.
Attract and Retain Talent
More than 55% of Americans cite health coverage as the greatest driver of job satisfaction. Providing a modern employee experience to choose and manage benefits can make your company stand out from the rest.