Flexible Spending Accounts

New for 2017
The maximum annual contribution for the Health Care and Limited-Purpose Flexible Spending Accounts (FSAs) increased by $50, from $2,550 to $2,600, on January 1, 2017.

Flexible spending accounts (FSAs) can save you money because you can pay for eligible health care expenses with tax-free dollars.  

If you are enrolled in a PPO medical plan, you can contribute to the following FSAs:

If you have High Deductible Health Plan coverage and opened a Health Savings Account, you can contribute to these FSAs:

If you choose to enroll, you contribute money to your account on a pre-tax basis and receive reimbursement for eligible out-of-pocket costs.

See how you can save.

Important rules to remember

Because flexible spending accounts (FSAs) offer you tax advantages, the IRS has specific requirements for these plans. The following rules apply to the Health Care Flexible Spending Account, the Limited-Purpose Flexible Spending Account and the Dependent Care Flexible Spending Account.

  • For the 2018 plan year, Health Care FSA expenses must be incurred between January 1, 2017, and March 15, 2018, to be eligible for reimbursement. For new hires in 2017, expenses must be incurred between the date you are eligible for the new plan and March 15, 2018.
  • You must file your claims no later than 90 days (March 31) following the plan year.
  • Plan your contribution amount carefully! The IRS requires that you forfeit any money left in your accounts after all eligible expenses have been reimbursed. This is known as the “use-it-or-lose-it” rule.
  • The accounts are separate. You may not use funds in your Health Care Flexible Spending Account to pay for dependent care expenses and vice versa.
  • Items paid through the flexible spending accounts cannot be claimed on your income taxes.
  • You must re-enroll each year to participate. Your FSA elections will not carry over from year to year.
  • Once you enroll and select your contribution amount, you may not make any changes during the year, unless you have a Qualified Life Event.
  • If you enroll in the HSA, you are not eligible to participate in the Health Care Flexible Spending Account. However, you may participate in the Limited-Purpose FSA, where reimbursements are restricted to eligible vision and dental expenses only.

WageWorks® is our FSA administrator.

  • The WageWorks Healthcare Card is the quickest and easiest way to pay for eligible expenses with your Health Care FSA or Limited-Purpose FSA. Use your card to pay directly from your WageWorks benefit account—just swipe and go.
  • Although most transactions are automatically verified at checkout, a variety of convenient payment and reimbursement options, including Pay Me Back and Pay My Provider, are available through the mobile app & WageWorks’ secure web portal.
  • With the EZ Receipts® mobile app, you can log in to your WageWorks account and check your balances, submit claims and snap-and-submit photos of receipts—all on the go.

Benefit Tip! Be sure to save your receipts. They may still be required for substantiation of claims.

Need to submit a claim?

Deadline to file your claims:
For 2016 expenses
For 2017 expenses


March 31, 2017
March 31, 2018
Vendor WageWorks
Contact

877-924-3967

www.wageworks.com

App: EZ Receipts

Your WageWorks ID code is the last four digits of your SSN.

Forms

WageWorks Health Care FSA claim form

WageWorks Dependent Care FSA claim form
Quick Start Guides

Health Savings Account

Health Care and Dependent Care FSA

Limited-Purpose FSA