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FOUNDATION FLEX DOLLAR Salary Reduction or Contribution Enrollment Form 2015 On February 4, 2013, the Foundation Board of Director s approved a new program called: Flex Dollars Program. The Flex Dollars

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What is foundation flex dollar salary?

Foundation flex dollar salary is a type of compensation where employees can allocate a certain amount of money towards specific benefits, such as healthcare or retirement savings.

Who is required to file foundation flex dollar salary?

Employers who offer foundation flex dollar salary as part of their employee benefits package are required to report it to the appropriate tax authorities.

How to fill out foundation flex dollar salary?

Employees can typically fill out foundation flex dollar salary forms during open enrollment periods, choosing how much money they want to allocate towards different benefits.

What is the purpose of foundation flex dollar salary?

The purpose of foundation flex dollar salary is to give employees flexibility and control over their compensation by allowing them to choose which benefits are most important to them.

What information must be reported on foundation flex dollar salary?

The amounts allocated to different benefits, employee contributions, and employer contributions must be reported on foundation flex dollar salary forms.

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