Flexible Spending Accounts

Save Taxes with a Flexible Spending Account.

The flexible spending account (FSA) program lets you pay for certain expenses with tax-free money. When you choose to participate, you elect to have salary deducted from your paycheck, before it is taxed, and directed to your flexible spending account.

This untaxed money is then available to reimburse you for certain health care and dependent care services provided during the calendar year.

Coverage:

• Health Care FSA
• Limited Purpose FSA
• Dependent Care FSA

Resources:

• PayFlex website
• What’s eligible on a Health Care or Dependent Care FSA
• Claim form
• Calculate your savings - Helps determine how much to contribute to a pre-tax account (HSA, Healthcare FSA, Limited Purpose FSA, or Dependent Care FSA)
• Providing required documentation for PayFlex debit card substantiation