How much can I save using pre-tax dollars?

Payroll and income taxes account for up to 40% of income, depending on the state you live in.

If your employer instead gave you extra cash in your paycheck (a post-tax contribution) to serve as your health benefit, the actual amount that would hit your bank account would be a lot less — about 40% less. That's a benefit that doesn't feel much like a benefit.

By using pre-tax dollars for your health insurance premium, as you do with StretchDollar's pre-tax fixed benefit (called an ICHRA), more of that money goes toward your actual coverage instead of taxes — stretching your benefit further and putting more value in your pocket.