Absolutely! Everyone’s welcome to spread the word about StretchDollar. From current customers, to brokers, or just someone who loves sharing cool finds, feel free to plug us.
Nope! The more the merrier!
The person you introduce us sets up their business on StretchDollar and administers their first payment to their employees for their health benefits. Unfortunately, you can’t refer yourself (nice try, sneaky!) and the business must be a new business.
New businesses are companies with at least one employee (but fewer than 50) that are new to using StretchDollar. Companies currently or previously on our platform aren’t eligible for referrals.
We’ll send you an email notification when we first receive your referral and provide updates as they get set up.
You’ll be paid via ACH through our third-party accounts payable system. For payments above $600, we’re required to issue you an IRS Form MISC-1099, which will be sent to your contact email.
You will be paid $50 per US-based employee listed on StretchDollar when your referral runs their first reimbursement. International employees and contractors do not count towards the referral bonus. After the referred company becomes a StretchDollar user, you will not be compensated for additional employees added.
Your referral will be denied if your referral decides not to run their health benefits through StretchDollar, was already a StretchDollar customer, or was already referred by someone else. Only one referral is allowed per company, so the early bird gets the worm over here.
Referral bonuses are issued after the referred company runs its first reimbursement. You should get a notification to create a . Bonuses are paid once a quarter on dates specified in your referral communications.