The Flexible Spending Account (FSA) program allows you to reduce your earnings by a fixed amount determined by you each year. The FSA is designed to shelter some of your earnings in order to pay for certain medical and/or dependent care expenses tax-free. (Separate accounts are required for medical and dependent care expenses.) To be eligible for participation, you must be employed in at least a nine-month position of at least 50% FTE. You may reduce earnings up to $5,000 per year to pay for un-reimbursed medical/dental expenses, and up to $5,000 to pay for dependent care. Your dependent care account may be used for child care, elder care, or the care of a disabled spouse.
Claims may now be submitted online through the EBPA reimbursement portal. See the directions for filing claims.
Call Human Resource Services at 656-3150 with any questions.
Last modified October 29 2009 04:58 PM