smart ways to
save your clients $$$

account-based plans

We can help you enhance your service to clients and their employees with a range of options to help them save on taxes and stay compliant.

  • Health Savings Account (HSA)

    An HSA is a tax-advantaged account employees can use to pay for eligible health care expenses. Funds can be set aside on a pre-tax basis for medical expenses, dental and vision care, and deductibles and co-insurance amounts.

  • Health Reimbursement Account (HRA)

    An employer-funded HRA (sometimes called a Health Reimbursement Arrangement) provides employees with tax-free reimbursements for qualified medical expenses — up to a fixed dollar amount per year. Unused funds can be rolled-over and used in later years.

  • Flexible Spending Account (FSA)

    An FSA allows employees to put aside funds on a tax-free basis to pay for out-of-pocket medical expenses like copayments, deductibles, and prescriptions. Employees can carry over up to $500 in leftover funds to spend the next year.

  • COBRA Administration

    Your groups of 20+ employees enrolled in Medical coverage through Word & Brown are eligible for free COBRA administration services. This allows an insured worker to continue his or her health insurance coverage after employment ends in certain circumstances.

  • Premium Only Plan (POP)

    Also known as a Section 125 Cafeteria Plan, a Premium Only Plan enables enrolled employees to pay their health insurance premiums with pre-tax dollars. Employers can save on Federal Insurance Contribution Act (FICA) taxes and workers’ comp.

  • ERISA Compliance

    ERISA compliance can be a challenge for employers. We offer an array of valuable ERISA resources, including a reporting and disclosure guide for employee benefit plans, EFAST2 Form 5500 and 5500SF filing tips, and much more.


Start helping your clients save money today!