- Employer helps cover unforeseen costs for participant during an emergency.
- There is no limited list of expenses.
Why?
Participant Benefits
- Immediate access to funds for unexpected emergency situations.
- Expenses may include groceries, rent, and other not covered by insurance.
- Funds are supplied by employer to assist employees.
- Improves financial & mental wellbeing.
Employer Benefits
- Employer contribution are tax deductible.
- Determine plan design.
- Tax-deductible.