The clock is ticking to use up the funds in your flexible spending account. FSAs, both health and dependent care, are offered by employers as a way for workers to save money on qualified expenses. The money is set aside pre-tax, but generally must be used by Dec. 31 or forfeited ba...
Flexible Spending Account (FSA) Health Savings Account (HSA) Health Reimbursement Arrangement (HRA) Commuter Reimbursement Account (CRA) Dependent Care Account (DCA) Individual Coverage HRA (ICHRA) Excepted Benefit HRA (EBHRA) Limited Purpose FSA (LPFSA) Lifestyle Spending Account (LSA) COBRA Tuiti...
Island Flex allows employees to pay for eligible health and dependent care expenses with TAX FREE money by redirecting a portion of their salary to a Medical Spending Account and/or a Dependent Care Spending Account. Please use the links above to access forms and to find out more about our ...
You can open a flexible spending account, or FSA, to set aside pre-tax money for health-related expenses not covered by insurance, or for expenses related to dependent care. Some employers even offer FSAs for mass-transit expenses, to help you save money on your commute. There are ...
and dependent care services, with pre-tax dollars. These arrangements are governed byIRC § 125, which allows the value of cafeteria plan qualified benefits to be excluded from the gross income of participating employees. Employee contributions also avoid Social...
flexibleSpending Accounts Put pre-tax money aside to pay for certain eligible expenses read more HealthcareReimbursement Arrangement Reduce healthcare costs read more CommuterBenefits Put pre-tax money aside to reduce commuting fees read more
Flexible Spending Accounts save you money on medical and child care expenses. Most people save at least 25% on each dollar that is set aside in the program. Eligible expenses include Deductibles, co-pays, & co-insurance Prescription drugs ...
place in the Flexible Spending Account(s) that applies to you. To enroll: 1. Choose the FSA(s) that best fits your needs: the Health Care FSA and/or the Dependent Care FSA; you can use the worksheet in this booklet to help you estimate your expenses ...
VISA Debit Card capabilities Live Agent Assistance, Monday - Friday Designated Account Contact what can we do for you? Benefit Options - Tailored to your needs Flexible Spending Accounts Pre-tax health care reimbursement plans are ready for you!
Employee Only or for one of the Employee-Plus tiers below, the employee may use the remaining Flex Credits for other insurance plans offered under the FBP (life, dental, vision), or to fund a flexible spending account (FSA) for dental/medical/vision reimbursements or child/dependent care.Rela...