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Paychex. Paychex, Inc. is an American company that provides human resources, payroll, and employee benefits outsourcing services for small- to medium-sized businesses. [1] Founded in 1971 and headquartered in Rochester, New York, the company has more than 100 offices serving approximately 740,000 payroll clients in the U.S. and Europe. [1]
A flexible spending account (FSA) is an account that allows you to save pre-tax dollars and use them toward your medical and dependent care expenses. Many employers offer FSAs as a benefit. You ...
Tom Golisano. Blase Thomas Golisano (born November 14, 1941) [1] is an American billionaire businessman and philanthropist. He is the founder of Paychex, which offers payroll and human resources services to businesses. Golisano owned Greenlight Networks, a fiber internet provider based in Rochester, New York, from 2019 to 2022.
v. t. e. In the United States, a flexible spending account (FSA), also known as a flexible spending arrangement, is one of a number of tax-advantaged financial accounts, resulting in payroll tax savings. [1] One significant disadvantage to using an FSA is that funds not used by the end of the plan year are forfeited to the employer, known as ...
An HSA can provide savings: Just like an FSA, you won’t be charged income tax on the funds in your HSA. You can have HSA contributions taken out of a paycheck pre-tax, or you can choose to ...
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