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     FSA Eligible Expenses and Items

 

 

   >> Product FSA Eligibility Checker

 

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        New 125Company Card

              "click for details!"

 

 

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125News  -  May, 2013

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IRS Announcement - Just released

 

The IRS has just released the contribution limits for 2014.  Please see the below highlights and the attached revenue procedure.

 

For calendar year 2014, the annual limitation on deductions under § 223(b)(2)(A) for an individual with self-only coverage under a high deductible health plan is $3,300

 

For calendar year 2014, the annual limitation on deductions under § 223(b)(2)(B) for an individual with family coverage under a high deductible health plan is $6,550.

 

May, 2013

 

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125Mobile—Healthcare access for consumers on the go

125Mobile, a convenient alternative to our consumer portal, enables consumers to view account balances and detail, submit healthcare account claims, and capture and send receipts anytime, anywhere on any iPhone, Android and tablet device.

 

"Click to Play and Download Today!

         

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              Keyword: "125Mobile" or "125Company" 

 

     Apple ITunes   

 

 

125Mobile enables consumers to view account balances and detail, submit healthcare account claims, and capture and send receipts anytime, anywhere on any iPhone, Android and tablet device. 

 

    Android Marketplace

 

According to the Pew Research Center, nearly half of all American adults own a smartphone of some kind.

Isn't it time for you to download 125Mobile today?

    

 

    "1000s of Downloads in 2012!"

 

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Our Core Services Overview


POP - Premium Only Plan (essential for pre-tax savings)

 

FSA - Flexible Savings Account

 

HSA - Health Savings Account

 

PRA - Premium Reimbursment Account

 

HRA - Health Reimbursement Account (over 1,000 custom plan designs)

 

Transportation Account (Mass Transit, Parking, Van and Bike)

 

Cobra and Retiree Billing Services

 

Voluntary Employee Beneficiary Association (VEBA)

 

Compliance Testing - Plan Document Services and more!

 

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Legislative Updates:

  • Durbin Amendment - Effective 04/01/2013 - Please see below for important information regarding this change.
  • New Parking & Transit Maximum -Due to the Fiscal Cliff bill, effective 1/1/2013 the monthly pre-tax transit and parking limits will increase from $125 to $245.

 

We wanted to make you aware of a legislative change that impacts all debit cards including our Lighthouse1 OneCard and Benny Card.  Effective April 1, 2013 a new regulation goes into effect as part of the Dodd-Frank Wall-Street Reform and Consumer Protection Act that requires consumers to be provided with the ability to pay using a PIN (Personal Identification Number) at the point of sale, in addition to the current signature process.   

 

Keep in mind, that the use of a PIN is not required for your employees' using the Lighthouse1 OneCard or the Benny Card.  Your employees can continue to use their Lighthouse1 OneCard or Benny Card as they always have - no change required, simply by swiping their card and providing a signature. This new regulation requires us to make the PIN option available to consumers. 

 

For more information on how this will impact your employees, please click on the appropriate link:

 

Benny Card Employer FAQs 

 

Lighthouse One Card Employer FAQs 

 

Please note PINs will be available for activation on 04/01/2013. Please distribute this employee communication. Employee Communication & FAQs

 

If you have any questions on these updates please contact Clarissa Castellanos at (877)303-3539 or by email at clarissa@125Company.com.

 

If you have any questions or need any additional information on the services we offer please contact Marty Hobbs, Director of Business Development at (240)688-0821 or by email at Marty@125Company.com or contact Julie Gensch by email at Julie@125Company.com.                       

 

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        Learn CDHC

 

"Interactive EDS" for your organization!

 

Contact Martin Hobbs, our Director of Business Development, for further information!

        

Marty@125Company.com or his Mobile @ (240) 688 - 0821

 

     

Our Service Partners - "Click & View"


 

 

                                  

 

Latest Updates


March 6, 2013 - WSJ Market Watch - Childcare tax breaks for working parents

 

January 1st, 2013 - How Healthcare Reform Changes FSA-HSA - Bankrate.com

 

 

November 19, 2012 - Money Still in Your Flexible Spending Account?

 

November 16, 2012 - Why Don't You Have a FSA Account?"

 

November 7, 2012 - Tips on Flexible Spending Accounts

 

June 19, 2012 Obamacare Care Calls FSA Use It or Lose It into Question - Forbes

 

June, 2012  ---  New IRS guidance released on FSA contribution cap for 2013

 

 

August 22, 2011 - Minnesota Public Radio - Congress reconsiders restrictions on FSA for health care

 

July 31, 2011 - Sens. Cardin, Enzi Seek to End FSA "Use or Lose" Clause

 

July 29, 2011 - Will Congress Cure the Problems with Health Care FSAs?

 

May 25, 2011 - Read about the new 2011 OTC Changes

 

 H.R. 605 - Repeal Provisions (OTC and $2500) Summary and Sponsors for Legislative Action

   

What Our Customers are Saying

Contact Us

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Phone: (301) 977-8840
Toll Free number (877)-303-3539
General Fax: (301) 977-9337
Claim Fax: (877) 303-0742

 

Email: support@125Company.com

 

Live phone support: 9:00 - 5:00 EST with VM 24/7

Email Customer Support


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Claim and Correspondence mailing address:

PO Box 2401 Germantown MD 20875-2401