Home l Search l Contact Us 

Calculator
 

Cafeteria or flexible benefit plans allow employees to set aside a portion of their wages on a pre-tax basis to pay for qualifying expenses. Redirected amounts are not subject to federal, state, or Social Security taxes. Use this calculator to estimate your savings.

1. Estimated Employee Paid Insurance Premiums:
Health Insurance
Dental and/or Vision Insurance
Group Term Life Insurance
(Pre-tax amount limited to premiums for $50,000 of coverage)  
Disability Insurance
(Benefits are taxable if paid with pre-tax dollars) 
Other
Total Out-of-Pocket Premiums
2. Estimated Out-of-Pocket Medical Expenses:
Click here for a list of eligible medical expenses.
Medical
(Deductibles and co-pays)
Prescription Costs
Dental / Orthodontia
Vision
(Eye glasses, contacts, contact solutions/cleaners) 
Medically Necessary Travel / Lodging
Prescribed Medical Supplies and Equipment
Total Out-of-Pocket Medical Expenses

(This amount may be used for your annual medical account election. Refer to your Summary Plan Description for the maximum that may be elected under your plan.)
3. Estimated Dependent Care Expenses:
Click here for a list of eligible dependent care expenses.
Day Care Center
Nursery and Pre-School
After School Care
Summer Day Camps (in lieu of day care)
Elder Care
Total Dependent Care Expenses

(This amount may be used for your annual dependent care account election. The annual maximum limit is $5,000.)
4. Your Estimated Tax Savings
Tax Rates: (Default are 15% Federal and 5% State or you may enter your own rates)
Federal
State
Social Security
%
%
7.65%
Annual Income
# of Pay Checks
 
Without Plan
With Plan
Annual Income
Pre-Tax Premiums
Pre-Tax Medical
Pre-Tax Dependent Care
After Tax Expenses
Federal, State,
and Social Security Taxes
Net Income
Annual Savings
Savings Per Pay Check

 

 
About EBR
|
Products and Services
|
Retirement Plans
|
Cafeteria Plans
|
Human Resources
|
Contact Us

Discovery Block l 828 Great Northern Boulevard l P.O. Box 1193  l Helena, MT 59624-1193
Phone: 406-449-5500 l Fax: 406-442-5089 l 800-765-9429