Saving Money With Flex Benefit Plans and Tax-Free Health-Spending
Accounts
CPA Web Seminar Series
PRESENTED DIRECT-TO-YOUR-DESKTOP by the Canadian Payroll
Association
Archived
Topic Description
Save on benefit costs and employer taxes by participating in
this informative overview of flexible benefit plans and health spending
accounts. Avoid costly fines and penalties and make sure that your plan
meets government requirements. There will be a Question and Answer
period where both pre-submitted and live questions will be answered by
our benefits expert.
More and more organizations are offering flexible benefits plans and
health spending accounts. Given the current economic downturn, employers
are looking to these flex plans to save budget dollars on benefits costs
and employer taxes, while offering a tax-free alternative to employees.
Join the CPA for this informative web seminar that will explore the
legislative aspects of flex plans with a focus on offering your
employees a tax-free health-spending account. The session will cover an
overview of flex plans and health-spending accounts and will include a Q
and A period made up of pre-submitted questions and live questions
submitted during the seminar. Have your payroll-related questions ready
and get practical answers to your inquiries.
The following issues will be addressed in the overview:
- Plan design
- Advantages of a flex plan over a traditional insurance plan
- Employee & employer savings
- CRA and MRQ guidelines
- Taxability
- Eligible & non-eligible expenses
- Carry-forward of unused balances
- Vacation buying & selling
- Bonus trading
- Examples of tax advantages (before versus after tax
dollars)
This informative 90-minute session will include a 30-minute
presentation, responses to pre-submitted questions and an open forum to
ask your questions to our facilitators.
Participants are encouraged to submit their questions in advance to
Rachel De Grâce prior to the session and can do so by emailing rachel@payroll.ca before June 8,
2009.
 About the Speakers
Kevin McFadden is a Benefits Consultant and
principal at Sigurdson, McFadden & Associates. With almost 20 years
of industry experience, Kevin is a member of the Canadian Benefits and
Pension Institute (CPBI) and Employee Benefits Advisors Inc. (EBAI). He
has spoken and written for numerous professional associations, including
the HRPA, and is a contributing columnist for Benefits & Pension
Monitor Magazine and WorkplaceToday.ca. Kevin will be presenting
the session and will be addressing the questions and answers.
The session will be facilitated by Rachel De
Grâce, a Bilingual Payroll Consultant with the Payroll
Resource Group of the CPA.
Compatibility Test
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!! IMPORTANT !!
Please check your system BEFORE you register.
Step 1: Click
here to test your computer system. To access the web seminar, you
need certain computer and internet specifications available. If you have
passed this test, proceed to step 2.
Step 2: Click here to access a simulated web seminar and
type in your first name, last name & email when prompted. This
simulation will allow you to determine if your system is properly
configured to participate. Once in the simulation, you should be able to
hear a voice indicating that your system is properly configured.
Step 3: If you are having problems in Step 2, please
call us for support at (416) 487-3380 x 113.
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Cost
CPA Member - $99.00 plus applicable taxes
Non-Member - $149.00 plus applicable taxes
How to Register
Once you have verified that your system is
compatible, REGISTER
ONLINE.
| Saving Money With Flex Benefit Plans and Tax-Free Health-Spending Accounts |
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