Introduction
Now there's an easier way to implement and manage commuter and flexible benefit plans without the need for your employees to file claims and wait for reimbursement.

At TAI, we've taken administration of employee benefit plans to the next level with our real-time, online Flex payment system. Our software and the mbi Flex Convenience® debit card (Card) is an unbeatable combination.

The Card works just like a credit card with immediate payment of the employees' expenses.

By using the Card, employers experience greater FICA savings because the Card has proven to:

• Increase Employee Participation by 25%; and
• Increase Employee Contributions by 37%.

How It Works For Employees
1. Employee enrolls in any FSA (health and/or dependent care) or Commuter Plan as before and the Card is mailed to their home address;

2. The Card is signed and Employee begins using the Card for any of the pre-approved merchants (pharmacies, dental offices, child care facilities, transit agencies, parking lots, etc.). The Card is denied at liquor stores, restaurants, and other inappropriate providers; and

3. Employee account balances can be viewed online. Employees can also report a lost or stolen Card as well as print transaction statements.

How It Works For Employers
Commuter and dependent care accounts are funded monthly while the health care accounts are funded up to the limits elected by employees - same as current funding arrangement. Money management techniques are incorporated into TAI's system to help Employers manage their cash flow. Employers also have online access to view management reports and Card usage. TAI continues to review all plan expenses each day, except now we view them electronically.

For additional information or an analysis about how the Card can benefit your company, feel free to contact a TAI representative.

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