Flexible Benefit Plans

Benefit options to reduce the cost of health care for both you and your employees

Choose the flexible benefit plans that work for your business

Health Savings Account

  • Funded by employer and/or employee
  • Must be linked to a qualified high-deductible health plan
  • Account is portable if employee changes jobs or retires
  • Funds can accumulate over time and don't have to be spent by year end
  • Savings earn interest
  • Easy to use with an HSA debit card

Flexible Spending Account

  • Fully funded by employee
  • Account isn't portable if employee changes jobs or retires
  • $500 carryover available
  • Easy to use with an FSA debit card

Health Reimbursement Arrangement

  • Funded by employer
  • May be offered with a high-deductible health plan or alone
  • Account isn't portable if employee changes jobs or retires
  • Balances roll over at year end
  • Balances don't earn interest

COBRA Administration

  • Day-to-day benefits management
  • Customer support for beneficiaries
  • Protection against compliance penalties
  • Control of administrative costs

Still exploring?

Fostering a Wellness Culture in the Workplace

One of the most common ways to foster a supportive and productive workplace is through an employee wellness program. Here are some ideas for implementing a successful program of your own.

Health Insurance Options for Small Businesses  (Article)

Health insurance is something we all need but may not necessarily understand. What type of insurance you need and where to start in your search depends entirely on the type of business you own and how many employees you have.

Related services


Offer your employees easy-to-understand products, services and educational resources to help their financial wellness.

Retirement Solutions

From 401(k) accounts to IRAs, we have comprehensive retirement solutions for your employees.

Branch Banking and Trust Company, Member FDIC.