Savings Example:

This employee is married, has one child and claims 3 exemptions

Without Flex Benefit Plan

  • Gross Wage
  • Retirement (8%)
  • Federal Withholding
  • State Withholding
  • Net Pay
  • Health Premiums
  • Health Expenses
  • Child Care Expenses
  • Spendable Income

(after-tax)

  • $3,000.00
  • $240.00
  • $273.00
  • $270.00
  • $2,217.00
  • $175.00
  • $100.00
  • $300.00
  • $1,642.00

With Flex Benefit Plan

  • Gross Wage
  • Health Premiums
  • Health Expenses
  • Child Care Expenses
  • Net Taxable Wage
  • Retirement (8% )
  • Federal Withholding
  • State Withholding
  • Spendable Income

(before-tax)

  • $3,000.00
  • $ 175.00
  • $ 100.00
  • $ 300.00
  • $2,425.00
  • $ 194.00
  • $ 183.00
  • $ 187.00
  • $1,861.00