Heying Tax & Financial Services also offers benefit program set-up and maintenance to compliment our full service payroll program. Let Heying Tax & Financial Services help you find the right benefits for your valued employees. 

Health Insurance Management

• Accounting for cafeteria/pre-tax deductions – in conjunction with our payroll services to make proper deductions from checks or let us help set-up your deduction system.

• Claim assistance – let us help your employees with claims and questions.

• COBRA assistance – completing required documentation for exiting employees, accounting for COBRA payments, employee questions.

• Coverage Consultation and Suggestion – “Is this the right plan for you?” – let us help you evaluate the needs of your employees to make sure you get all their needs met.

• Health Plan Shopping - getting the right plan for you – let us do the shopping for you. We can take plan options and determine what is the most cost effective and comprehensive plan to fit your business.
   

Paid Time Off (PTO) - Sick & Vacation Plans

• Plan Consultation – let us help you evaluate the needs of your employees and decide the best options for those needs.

• Plan Establishment – in conjunction with our payroll services establish accumulation tracking and usage tracking or let us help you set-up your tracking system.

• Plan Maintenance – continued tracking, notices of time accumulated, year-end warnings for time forfeited, payout of accumulated time at employee termination.

Flexible Spending Accounts

• Medical Care FSA – allows employees to take out pre-tax money which is then reimbursed when qualified medical bills are paid by employee. This allows pre-tax dollars to be used for medical bills. Great plan for employees who do not itemize their medical costs on year-end taxes.

• Dependent Care FSA – allows employees to take pre-tax dollars for qualified dependent care expenses. This will lower the employee’s taxable income up to yearly limits.

• Plan Establishment – in conjunction with our payroll service establish the proper deduction schedule or let us help you set-up your deductions.

• Plan Maintenance – tracking of amounts deducted for each employee for each plan, review of receipts submitted for reimbursement, payment, year-end notices of forfeiture.
   

Retirement Plan Consultation

• 401K, 403B – for employers with more employees.

• IRA, SEPS, SIMPLE – for individuals and small businesses with fewer employees.

• IPERS – state program for qualified businesses

• Plan Establishment – let us help you evaluate the best options for your business and your employees, shop around for the best plan and help with the documentation for plan set-up.

• Plan Management – in conjunction with our payroll services established the proper deduction schedule or let us help you set-up your deductions.