Optional Tax Programs (FSA, HSA and CSP)
The State of Illinois provides employees with IRS tax-favored programs to stretch pre-tax dollars for certain approved expenses.
Pre-tax programs features:
- IRS approved reimbursement of eligible expenses tax-free
- Per pay period deposits from an employee’s pretax salary
- Savings on state and federal income taxes and Social Security taxes
- Security of paying anticipated eligible expenses from pre-determined accounts
Click the links in the paragraph above for additional information.