FSA Employer Savings Calculator

The FSA Estimated Savings Calculator below allows employers to calculate the estimated FICA savings that employers can realize with an FSA program (based on contributions to FSA plan).

Number of Eligible Employees

Estimate total of all Health Care FSA contributions

% at $1,000 Avg

Estimate total of all Dependent Care contributions

% at $4,000 Avg

Current Total of all Health Premiums Employees pay

Total

2005 FICA Tax Rate

7.65%

Estimated Employer Tax Savings

First Year:

Renewal:

Net Employer Tax Savings

Disclaimer: The resulting savings estimated by this calculator is not a guarantee of savings; actual savings is based on actual FSA contributions. There may be additional savings from other payroll-based taxes or expenses, such as state payroll tax and workers' compensation insurance.