Now available—MyTASC Mobile App 2.0!

Great news! TASC has released version 2.0 of its popular MyTASC Mobile App!

More than 14,000 customers are already managing their TASC FlexSystem accounts on the go! With Version 2.0, Participants will be empowered to do more than ever via their mobile device, and they’ll find it easier than ever to manage their FlexSystem account.

Per popular request—Participants will be able to submit requests for reimbursement and submit substantiation documents (using a phone camera)!

And to simplify login, they will be able to make these choices, as they wish:

• Enter their TASC ID with or without the dashes.
• Remember login information on their device.
• Get assistance by clicking a Help icon.

MyTASC Mobile App 2.0 still offers the following original features:

• FlexSystem account balances
• Free download from Apple App Store and Android Market
• Login with current MyTASC username and password
• Secure account access through Secure Socket Layer (SSL) encryption over the Internet

Have your employees downloaded MyTASC Mobile yet? Encourage them to join the thousands of others who already appreciate the added convenience of account access whenever they need it, from wherever they may be. To learn more about TASC Mobile, click here.

TASC’s Position: $2,500 Flexible Spending Account Cap

Beginning in January 2013, medical Flexible Spending Account (FSA) contributions will be capped at $2,500 per year, per employee, as set forth by the Patient Protection & Affordable Care (PPACA).

Currently most employers cap FSAs at $5,000 even though there is no mandated limit. Meanwhile, over 85 percent of all medical FSA participants fund less than $2,500 annually. In fact, the annual amount funded averages between $1,300-$1,400. 

TASC is pro-Client and pro-Participant! TASC interprets the intent of the statutes as such: Clients who complete their 2013 enrollment by electing their medical FSA contribution level within the 2012 calendar year would not be subject to the pending FSA cap until the following Plan Year. The new $2,500 mandate will therefore apply to any Plan Year starting February 1, 2013 or later. With the effective date for this provision still 13 months away, additional federal guidance may yet be forthcoming.

Rest assured that TASC will continue to respond and implement the necessary changes and administrative process updates to comply.

MyCash in Action

Every day more and more customers are enjoying the TASC Card’s new MyCash account. In fact, by Thanksgiving, most of our 250,000 FlexSystem TASC Card holders will have the ability to receive reimbursements in this innovative new cash account on their TASC Card.

Just over one month ago, we initiated full launch by activating MyCash for about 1,700 Clients and their 45,000 employees. Paper reimbursement checks were instantly replaced with MyCash deposits (for all Participants without direct deposit elected). Within the first two weeks, over 1,000 reimbursements were made to customers’ TASC Cards, equaling over $366,000!

In early November, MyCash activations kicked-in for another 56,000 customers, and now more than 15,000 customers are being activated each day. In the first half of November, more than 2,000 reimbursements (totaling over $700,000) were deposited in MyCash accounts!

Join the MyCash mania! If your employees currently use direct deposit, they may enjoy MyCash even more! To choose MyCash over direct deposit, your employees simply need to login to MyTASC, go to Direct Deposit Setup, and de-select direct deposit by removing their account information. Then they, too, can take advantage of this fast and convenient reimbursement feature.

To learn more about the TASC Card and its MyCash account, visit the TASC Card website today!

Coming soon to your mobile device—MyTASC Mobile Version 2.0

The MyTASC Mobile app has been downloaded on mobile devices all over the country, with more downloads occurring every day. Nearly 14,000 customers are already managing their TASC FlexSystem accounts on the go! And they’re going to be very pleased with the additional features being released in Version 2.0—expected before the end of the year.

Have you downloaded MyTASC Mobile yet? Do so today! Join the thousands of others who already appreciate the added convenience of account access whenever they need it, from wherever they may be.

With Version 2.0, you’ll be empowered to do more than ever via your mobile device, and you’ll find it easier than ever to manage your FlexSystem account.

Per popular request—you will be able to submit requests for reimbursement along with substantiation documents!

And to simplify login, you will be able to make these choices, as you wish:

• Enter your TASC ID with or without the dashes.
• Remember login information on your device.
• Get assistance by clicking a Help icon.

Soon you will be able to use your mobile device to do everything you currently do in MyTASC! Planned future versions will allow you to view previous transactions and Plan details, to submit substantiation for previously submitted claims, and more. We continue to improve and advance with the times to give you the best employee benefits services in the industry.

MyTASC Mobile App is available for Apple and Android systems.

2012 Plan Limits

Each year the IRS announces the new limits for various aspects of benefit plans. Click the following link to download a summary – 2012 Plan Limits.

Coming soon: a new look for tasconline.com

A whole new look and feel.

Fresh and contemporary with faster access to those things most important to you.

Login moved to the forefront.

Enjoy the convenience of accessing MyTASC right from the homepage.

Same great tools.

Familiar navigation and content structure ensure minimum disruption.

Updates will occur soon.

And more improvements are scheduled for early next year, including customer-specific portals tailored to our Providers, our Clients, and our Participants.

TASC listens!

A year ago we implemented a new website and asked customers to tell us what they thought about its visual appeal and usability. This feedback helps us make our website the best it can be.

TASC Card MyCash: 3, 2, 1… Launch!

The TASC Card featuring the new cash account—MyCash—is set for take off! The usual benefits account—MyBenefits—coupled with the MyCash account make the TASC Card more versatile than ever.

Launch

The week of October 17 begins the launch to approximately 1,700 FlexSystem Clients and their 50,000 Participants. Earlier this week all affected FlexSystem Clients were emailed their Participants’ estimated activation dates. In early November MyCash will be activated for another group of Clients and their 75,000 Participants. Later in November several thousand remaining cards will go-live with MyCash. At that time, Participants with the MasterCard Benefits Card will receive a replacement TASC Visa Card.

Communication Plan

Clients will receive a MyCash Client Mailing a few weeks prior to activation. An email will soon follow to confirm activation date, and to provide additional information and an Employee Handout. Affected Participants will receive a Participant MyCash Mailing at their home address. Those with an email address on file will also receive an email update with their activation date and a later reminder when MyCash goes live on their TASC Card.

All communications are posted on the TASC Card Website… Visit often for new materials, answers to FAQs, webinar offerings, and more.

We look forward to launching the TASC Card’s innovative new cash account!

Healthcare Reform Watch

At TASC, we closely monitor the moves taking place in Healthcare Reform. Especially important to us is any language being put in the bill(s) that would affect tax-advantaged employer sponsored health benefits. You can stay informed of recent news by following our Healthcare Reform Watch site. Check this site often!

 New posts have recently been added:

• Class-less: Administration putting the long-term care program on ice
• HRAs “Waive” Goodbye to Annual Limits

MyCash is going live soon: Attend a webinar to learn more about this new cash account

In October, we will begin to activate the new cash account feature on current TASC Card holder’s cards. (You will receive a mailing and e-mail notifications prior to activation.)

Want to learn more about the new MyCash account? You can! You are invited to attend an upcoming webinar. (Watch your e-mail for another reminder.)

To register, click the day and time below on which you wish to attend:

Tuesday, September 27, 9:00 a.m.

Wednesday, September 28, 10:00 a.m.

Wednesday, September 28, 2:00 p.m.

Wednesday, September 28, 3:30 p.m.

Thursday, September 29, 9:00 a.m.

Friday, September 30, 5:00 p.m.

Tuesday, October 4, 10:00 a.m.

Tuesday, October 4, 4:00 p.m.

Wednesday, October 5, 1:30 p.m.

Thursday, October 6, 9:00 a.m.

Questions? Call our TASC Card hotline at 1-888-579-3776 or e-mail us at tasccard@tasconline.com. We are always happy to help. Also, be sure to visit our TASC Card website (www.tasconline.com/tasccard) which features much helpful information, including answers to Frequently Asked Questions.

High Marks for TASC

Do you know what your FlexSystem Participants are saying about TASC? We are happy to report that they are quite pleased!

In our latest Participant Satisfaction Survey, FlexSystem received a high approval rating—with 93% of the respondents saying they are Very Satisfied or Satisfied with TASC.

And in ringing endorsements—

• 90% said if given the choice they would be likely to elect TASC as their employee benefits administrator.
• 91% agree that TASC provides fast service.
• 85% find it a pleasure to do business with TASC.

That’s good news for you and your organization! When your employees are satisfied with your employee benefits program, you’ll find it easier to do the following:

• Attract and retain quality employees.
• Reduce workload, because your employees have few questions and concerns.
• Increase Plan participation, which means increased tax savings for you and your employees alike.

TASC listens. And TASC responds.

That’s why we created Voices Carry! This program helps us better listen to our customers so we may respond more swiftly than ever. And with customer feedback as a guide, we are able to continuously improve our services to better meet the needs of our customers—improving their overall experience with TASC. Watch for more Voices Carry reports in the future!