Madison, WI (PRWEB) December 31, 2009
TASC (Total Administrative Services Corporation), a provider of tax-advantaged medical and other benefit account management services, has released the new TASC Card. The newly branded TASC Card replaces the FlexSystem Claim as well as the AgriPlan, BizPlan, and DirectPay Benefits Cards the company had been issuing. As with its predecessors, the TASC Card will continue to provide users with easy access to their benefit funds--whether in their Flexible Spending Account (FSA) or in their Health Reimbursement Arrangement (HRA)--to pay for eligible healthcare and dependent care expenses.
The TASC Card's scope will expand in the future. Eventually it will provide cardholders with a single Card to manage multiple employee benefit accounts along with a cash account. Beside applying substantiation rules and prioritizing fund use by account, the TASC Card will process point-of-sale debit card transaction and ATM cash disbursements. The cash purse functionality will be added to the TASC Card starting in March 2010. Part one of the release is underway, and affects only current cardholders with Cards expiring and new cardholders. These Cards will feature healthcare account (FSA or HRA) functionality only. A mass re-issue to all remaining cardholders will start in July 2010.
Based in Madison, Wisconsin, TASC's services include AgriPlan, BizPlan, FlexSystem, COBRAToday, DirectPay, ERISAEdge, FMLAMatters, RetireeBilling, LegacyGuard, and RetirEez. TASC provides over 60,000 sole proprietors, family farmers, and small business owners nationwide with innovative, tax-advantaged employee benefit programs. For more information visit: http://www.tasconline.com.
Bruce Stein, Public Relations & Communication Director
bruces (at) tasconline (dot) com