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“ Our employees can’t believe the speed with which they receive their reimbursements. IPG is always available to our employees to answer all questions regarding the eligibility of a particular expense and the status of individual accounts.”

 

Step 4: create flexible benefits plan

 

Keep you up-to-date on the latest regulations and assist with audits and regulatory appeals.

One regulatory detail can, literally, ruin your whole day. Our job is to make sure it doesn’t—by keeping you updated on the tax and other legal implications of your benefits plan. On a regular basis, we provide you with concise information on issues such as: the effects of COBRA on FSAs, the tax consequences of offering domestic partner benefits that are forbidden by applicable laws, the right (and wrong) ways to provide employee education on 401(k) investments, how to be prepared for a Section 125 Audit, and other issues.

And, while we don’t have lawyers on staff, we have been known to explain the fine points of specific regulations to the regulators themselves—thereby saving our clients needless expense and aggravation. This kind of ongoing regulatory support is a fundamental and critical component of the services we provide.