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Education

Universal Benefit Account

TASC Offerings

Attract and retain key talent

In a competitive job market, employers need to offer more than casual Fridays and free coffee. Today, many businesses are investing in their employees through education initiatives and offerings. Education benefits through TASC Universal Benefit Account® can help an employer stand out while investing in their workforce.

Tuition Reimbursement Account

Reimburse participant tuition expenses for approved college or technical school courses. Expenses include tuition, books and materials.

Participant Benefits

TAX ADVANTAGED

Employer Benefits

Student Loan Reimbursement Account

Reimburse participant student loan debt related to past education expenses. Expenses include tuition loans.

Participant Benefits

Employer Benefits

Why TASC Education Benefits?

Empowering growth:
education benefits impact

Employee educational benefits, such as student loan assistance and tuition reimbursement, support personal growth and career advancement. They demonstrate a company’s commitment to its employees’ development, enhancing its reputation as an employer of choice.

These benefits foster a positive workplace culture, boosting job satisfaction and employer branding. They are vital for recruiting and retaining talent, while also promoting continuous learning and development within the workforce.

woman with laptop
Attract & Retain

Competitive educational benefits are highly attractive to job seekers and can be a deciding factor in choosing an employer, especially younger workers who may be burdened with student debt.

Flexibility

TASC offers employers complete plan flexibility with both account types. Plans can include a commitment of employment following reimbursement or the “unlocking” of additional benefits over time to encourage long-term employment and loyalty.

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TASC Card
Financial Well-Being

Employers define the parameters and TASC handles the rest. Participants’ reimbursements are added to their MyCash account linked to their TASC Card – faster than a check or direct deposit.

Frequently Asked Questions

Reimbursing education costs helps foster a skilled workforce, increase employee engagement and loyalty, attract top talent, and differentiate the company from competitors.

With guidance from TASC, the employer determines what’s eligible which may include employment tenure, area of study, GPA, and a commitment to remain with the organization for a specific period.

Employers can provide up to $5,250 per year in tax-free education assistance per employee when offering a Tuition Reimbursement account, and this amount is deductible from the employer’s taxes, making it cost-effective.

Resources

DOCUMENTS
education account document
Education Accounts
Education benefits through TASC Universal Benefit Account® can help an employer stand out while investing in their workforce.

Free webinars

We offer complimentary webinars on HR trends, compliance, and benefit news.

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Education news
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Universal Benefit Account, AgriPlan/BizPlan and COBRA/Benefit Continuation

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Compliance and Distributor Access

For inquiries regarding your TASC service offerings:

Call: 608-241-1900 or 800-422-4661, M-F, 8-5, based on the area code where the call is coming from.

Every Wednesday morning phones are not available until after 9:00 am (CST), as our customer care team is in training.

Support Request: Log in to your MyTASC account and click on Contact Us.

Mail: Total Administrative Services Corporation
2302 International Lane
Madison, WI 53704

Distributor Login

To access MyTASC as a Distributor, click here!   For general information on your current TASC clients, contact our Provider Service team and please have your TASC ID ready: 888-595-2261, option 2, then 3.