Tax Savings Calculator

To figure out how much you can save in federal taxes if you set aside a portion of your salary on a pre-tax basis to pay for insurance benefits, health FSA and/or a Day Care FSA to pay for transit and parking benefits under the transportation plan, and/or to contribute to the 401(k)/403(b) plan, you can use a handy Tax Savings Calculator licensed from the Employee Benefits Institute of America Inc.

The Tax Savings Calculator will also show you whether you save more in federal taxes by electing the Day Care FSA and paying for it with pre-tax salary reductions, or by claiming the Dependent Care Tax Credit.

You'll be surprised by how much you can save in taxes by participating in the cafeteria/flex, transportation, and/or 401(k)/403(b) plans!

The Tax Savings Calculator requires the Macromedia Flash 6 plug-in or higher, which is already installed on most systems. If you do not have the required Flash plug-in, you can download it for free here: http://www.macromedia.com/software/flashplayer/

Now click here to launch the Tax Savings Calculator.

You'll need to enter a user name and password to use the Tax Savings Calculator.

Contact us at 1-866-693-7254 for the user id and password