What kind of benefits are offered by Discovery Benefits?

Discovery Benefits offers a comprehensive range of benefits that aim to enhance the overall well-being and financial security of employer-sponsored plans. These benefits include flexible spending accounts (FSAs), health savings accounts (HSAs), health reimbursement arrangements (HRAs), 401(k) plans, commuter benefits, and COBRA administration. FSAs allow employees to set aside pre-tax dollars for eligible expenses like medical and dependent care costs. HSAs enable individuals to save and invest for future medical expenses with tax advantages. HRAs provide employers the flexibility to customize healthcare plans to suit their requirements. The 401(k) plans facilitate retirement savings through both traditional and Roth contributions. Commuter benefits assist with commuting expenses, such as parking and transit costs. Lastly, Discovery Benefits offers COBRA administration, ensuring compliance with federal regulations for continued health coverage after employment ends. Overall, Discovery Benefits delivers a comprehensive suite of benefits to cater to various financial and healthcare needs.